Victoria's Secret & Co. (VSCO) Q1 2024 Earnings Call Transcript
Victoria's Secret & Co. (NYSE:VSCO ) Q1 2024 Earnings Conference Call June 6, 2024 8:00 AM ET Company Participants Kevin Wynk - VP, External Financial Reporting & IR Martin Waters - Chief Executive Officer Tim Johnson - Chief Financial Officer Conference Call Participants Simeon Siegel - BMO Capital Markets Dana Telsey - Telsey Group Lorraine Hutchinson - Bank of America Brooke Roach - Goldman Sachs Ike Boruchow - Wells Fargo Warren Cheng - Evercore ISI Jonna Kim - TD Cowen Alex Straton - Morgan Stanley Marni Shapiro - The Retail Tracker Operator Good morning. My name is Ivy, and I will be your conference operator today.
Victoria's Secret (VSCO) Q1 Earnings & Revenues Top Estimates
Victoria's Secret (VSCO) first-quarter fiscal 2024 results are hurt by tough retail landscape and high competition in promotions.
Here's What Key Metrics Tell Us About Victoria's Secret (VSCO) Q1 Earnings
While the top- and bottom-line numbers for Victoria's Secret (VSCO) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Victoria's Secret (VSCO) Tops Q1 Earnings Estimates
Victoria's Secret (VSCO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.28 per share a year ago.
Victoria's Secret says it's ‘encouraged' by May sales, but is staying cautious amid subdued spending
Victoria's Secret & Co. on Wednesday said it was “encouraged” by demand for its bras, sleepwear and other clothing in May, but the company said it was exercising restraint amid continued caution more broadly among the U.S. consumer.
What in Store for Victoria's Secret (VSCO) in Q1 Earnings?
Victoria's Secret's (VSCO) first-quarter 2024 performance is likely to have been hurt by the challenging North American retail environment and intense competition in the promotional space.
Victoria's Secret stock: Is this fallen angel a buy ahead of earnings?
Victoria's Secret (NYSE: VSCO) stock price has slumped hard since going publc in 2021 as investors reflect on its slowing sales and market share losses. It has plunged to about $21, down by over 72% from its all-time high.
Victoria's Secret (VSCO) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Victoria's Secret (VSCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
