Victoria's Secret (VSCO) Stock Surged 12% Following Q3 Beat

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Victoria’s Secret & Co. Reports Third Quarter Earnings Per Share Above Guidance

November 17, 2021 4:15 PM EST

REYNOLDSBURG, Ohio, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Victorias Secret & Co. (Victorias Secret or the Company) (NYSE: VSCO) today reported financial results for the third quarter ended October 30, 2021.

The Company reported net income of $75.2 million, or diluted earnings per share of $0.81 in the third quarter of 2021, compared to previously communicated guidance of $0.60 to $0.70 per diluted share. This result compares to net income of $143.4 million, or earnings per share of $1.62 and adjusted net income of $72.6 million, or adjusted earnings per share of $0.82 for the period ended October 31, 2020.

Third quarter 2021 operating... More