Victoria's Secret & Co. (NYSE: VSCO) reported Q3 EPS of ($0.50), $0.15 better than the analyst estimate of ($0.65). Revenue for the quarter came in at $1.35 billion versus the consensus estimate of $1.29 billion.

GUIDANCE:

Victoria's Secret & Co. sees Q4 2025 EPS of $2.00-$2.30, versus the consensus of $2.09.

The Company is forecasting net sales for the 13-week fourth quarter 2024 to increase approximately 2% to 4% to a comparative 13-weeks from the fourth quarter of 2023.

The Company is raising its full year outlook and is now forecasting net sales for the 52-week fiscal year 2024 to be up approximately 1% to 2%, compared to prior guidance of down approximately 1%, to a comparative 52-weeks from fiscal year 2023. The Company estimated the extra week in the fourth quarter of 2023 represented approximately $80 million in net sales. At this forecasted level of sales, adjusted operating income for fiscal year 2024 is now expected to be in the range of $315 million to $345 million, or favorable to prior guidance of $275 million to $300 million.

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