Victoria's Secret (VSCO) PT Lowered to $57 at JPMorgan

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Go back to Victoria's Secret (VSCO) PT Lowered to $57 at JPMorgan

Victoria's Secret (VSCO) Stock Gains as EPS Tops Consensus, Analyst Sees 'Undervalued' Recovery Story

June 1, 2022 6:45 AM EDT

Shares of Victorias Secret (NYSE: VSCO) are up more than 7% in premarket trading Wednesday after the company reported better-than-expected Q1 adjusted EPS.

The lingerie and beauty retailer reported adjusted EPS of $1.11, compared to $1.97 in the year-ago period and above the analyst consensus of 84c per share. Net sales came in at $1.48 billion, down 4.5% YoY and in line with the analyst... More