Welcome to our dedicated page for Victorias Secret And news (Ticker: VSCO), a resource for investors and traders seeking the latest updates and insights on Victorias Secret And stock.
Victoria’s Secret & Co. operates as a specialty retailer of women’s intimate apparel, apparel, swim, sport, fragrances and body care through the Victoria’s Secret, PINK and Adore Me brands. Its business combines store and online channels with merchandise sourcing and production functions that support the company and international partners.
News about VSCO commonly covers quarterly results, sales and margin trends, earnings guidance, product campaigns and brand collections across intimates, beauty and seasonal categories. Coverage also includes the company’s Path to Potential strategy, global retail footprint, digital intimates brand activity and shareholder-governance matters, including board composition, annual meeting issues and proxy-related disputes.
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.
Victoria's Secret & Co. (NYSE: VSCO) has successfully completed its separation from Bath & Body Works, Inc., becoming a standalone public company. The distribution was executed on August 2, 2021, with Bath & Body Works shareholders receiving one share of Victoria's Secret for every three shares held as of July 22, 2021. CEO Martin Waters expressed confidence in the brand's repositioning and growth potential in the competitive retail market. The company will focus on delivering improved financial results, brand loyalty, and omnichannel capabilities.