Victoria's Secret & Co. (VSCO) Tops Q1 EPS by 28c, Offers Guidance

Victoria's Secret & Co. (NYSE: VSCO) reported Q1 EPS of $1.11, $0.28 better than the analyst estimate of $0.83. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.48 billion.

GUIDANCE:

Victoria's Secret & Co. sees Q2 2022 EPS of $0.95-$1.25, versus the consensus of $1.19.

• Second Quarter 2022 OutlookThe Company is forecasting second quarter 2022 sales to be up low-single digits to down low-single digits compared to last year’s second quarter 2021 sales of $1.614 billion. At this forecasted level of sales, operating income is expected to be in the range of $125 million to $155 million compared to $202.7 million in 2021. At this forecasted level of operating income, earnings per diluted share are estimated to be in the range of $0.95 to $1.25 compared to earnings per share of $1.71 last year.

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

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