Victoria's Secret & Co. (VSCO) Tops Q3 EPS by 7c; Guides

Victoria's Secret & Co. (NYSE: VSCO) reported Q3 EPS of $0.29, $0.07 better than the analyst estimate of $0.22. Revenue for the quarter came in at $1.32 billion versus the consensus estimate of $1.32 billion.

GUIDANCE:

Victoria's Secret & Co. sees Q4 2023 EPS of $2.40-$2.45, versus the consensus of $2.32. The Company is forecasting fourth quarter 2022 net sales to decrease in the high-single digit range compared to last year’s fourth quarter net sales of $2.175 billion.

Victoria's Secret & Co. sees FY2023 EPS of $4.50-$4.95, versus the consensus of $4.73. The Company is forecasting full year 2022 net sales to decrease 6% to 7% compared to last year’s full year net sales of $6.785 billion.

For earnings history and earnings-related data on Victoria's Secret & Co. (VSCO) click here.

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