Welcome to our dedicated page for Victorias Secret And Co news (Ticker: VSCO), a resource for investors and traders seeking the latest updates and insights on Victorias Secret And Co stock.
Victoria’s Secret & Co. (NYSE: VSCO) generates frequent news as a specialty retailer of women’s intimates, apparel and beauty products under the Victoria’s Secret, PINK and Adore Me brands. This news page aggregates company-specific updates so readers can follow how the business is evolving across its global retail and direct-to-consumer operations.
Visitors can expect coverage of quarterly earnings releases, where Victoria’s Secret & Co. reports net sales, comparable sales trends and operating results for its North America stores, direct channel and international operations. These announcements often include management commentary on product performance, brand momentum and the company’s Path to Potential strategy, as well as updated outlooks for full-year and quarterly guidance.
The feed also features conference call and webcast invitations tied to earnings releases and investor conferences. These items outline how investors and analysts can access live webcasts and audio replays, and they point to supporting materials posted in the Investors section of the company’s website.
In addition, this page captures corporate and governance developments, such as board-related communications and stockholder engagement, which can be relevant for understanding shareholder dynamics and governance priorities. Product-focused announcements, including launches within key collections and new bra or apparel innovations, also appear and provide insight into how the company is approaching product newness and brand storytelling.
By reviewing the Victoria’s Secret & Co. news stream, readers can follow themes the company highlights publicly, including category performance in beauty, PINK apparel, sport and swim, initiatives to elevate its brands, and commentary on macroeconomic and competitive factors mentioned in its safe harbor statements. For investors tracking VSCO stock, this page offers a centralized view of the company’s official news flow over time.
Victoria's Secret has announced a joint venture with Regina Miracle International to operate its business in China. Victoria's Secret will own 51% of the JV, with Regina Miracle holding 49%. This partnership aims to enhance product development, distribution, and marketing in the Chinese market. The company anticipates this initiative will have a minimal impact on its fourth quarter earnings. The agreement is subject to regulatory clearance, expected in the first quarter of fiscal 2022, and includes a cash consideration of $45 million from Regina Miracle.
Victoria’s Secret & Co. (NYSE: VSCO) announced a $250 million accelerated share repurchase agreement with Goldman Sachs to buy back shares, signaling confidence in the company's financial health. The initial delivery includes approximately 4.1 million shares, with the final amount based on average stock price adjustments. The company reaffirmed its fourth quarter guidance, projecting sales between flat to 3% above last year's $2.1 billion, operating income of $295-$335 million, and diluted EPS of $2.35 to $2.65. CEO Martin Waters expressed optimism about performance and cash flow stability.
Victoria's Secret has launched the Global Fund for Women's Cancers, aiming to enhance cancer research for women. This initiative includes awarding five female cancer researchers with $100,000 each, recognizing their contributions to the field. The Fund, overseen by the American Association for Cancer Research (AACR), will also establish additional grant programs in 2022 and 2023 to support mid-level and early-stage female investigators. This effort seeks to address the historical underfunding of women's cancers and improve health outcomes for millions diagnosed annually.
Victoria’s Secret reported third-quarter 2021 net income of $75.2 million, or $0.81 per diluted share, exceeding guidance of $0.60 to $0.70. This contrasts with last year's net income of $143.4 million ($1.62 per share). Net sales increased 7% to $1.441 billion, but declined 9% compared to 2019. The company forecasts fourth-quarter sales to be flat to up 3% from $2.100 billion, with EPS projected between $2.35 and $2.65.
Victoria's Secret & Co. (NYSE:VSCO) will host a third quarter 2021 earnings conference call on Thursday, Nov. 18, 2021, at 8:00 a.m. ET. The call will be accessible via victoriassecretandco.com or through dial-in numbers for domestic and international participants.
As the world's largest intimates specialty retailer, Victoria’s Secret emphasizes its commitment to inspiring women globally. However, the company faces risks tied to its recent spin-off from Bath & Body Works, economic conditions, and the ongoing COVID-19 pandemic.
MINDD, a bra company designed for D+ women, has partnered with Victoria's Secret (NYSE: VSCO) as their exclusive retailer. Founded by Helena Kaylin, MINDD aims to address the needs of underserved D+ consumers with innovative fit technology called MINDDTech. The partnership, initiated in early 2021, features curated collections of MINDD's popular products on Victoria's Secret's platform. Launched in February 2020, MINDD is committed to sustainability, offering wire-free bras and reducing waste. For more information, visit MINDDBRA.com.
Victoria's Secret has launched its inaugural podcast, VS Voices, hosted by Amanda de Cadenet. Premiering on October 6, 2021, the podcast features iconic women from the VS Collective, sharing their personal stories and advocacy efforts. The series aims to connect listeners through themes of purpose and shared experiences. The first episode features Priyanka Chopra Jonas and covers her journey as an advocate for women. New episodes will be released weekly, contributing to Victoria's Secret’s commitment to inspiring women and fostering positive change.
Victoria's Secret has launched a new initiative in partnership with Stella McCartney to promote breast cancer awareness and the importance of early detection. The campaign runs through October 31, 2021, and features a public service announcement urging women to #CheckYourself. This initiative includes the introduction of the Body by Victoria Mastectomy Bra, with 100% of its sales during October benefiting breast cancer research. Victoria's Secret also commits to invest at least $5 million annually in cancer research.
Victoria's Secret & Co. (NYSE: VSCO) reported a net income of $151.1 million for Q2 2021, translating to earnings per share (EPS) of $1.71, recovering from a net loss of $199.5 million in the same quarter last year. Net sales reached $1.614 billion, a significant increase from $1.066 billion in Q2 2020, although still 10% lower than Q2 2019 sales of $1.785 billion. The company forecasts Q3 2021 sales to rise in the mid- to high-single digits, with projected EPS of $0.60 to $0.70.
Victoria’s Secret & Co. (NYSE:VSCO) will hold its second quarter 2021 earnings conference call on Aug. 19 at 9:30 a.m. ET, following the earnings release on Aug. 18. The call will be available via webcast on the company's website. Victoria’s Secret, a leading intimates retailer with about 1,400 stores globally, aims to inspire women through its diverse product offerings.
Investors can access the live call or its replay through the provided domestic and international dial-in numbers.
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