On September 17, Victoria's Secret & Co rose 5.62% in regular trading, trading at $77.985/share, with turnover of $29.00 million. The rebound follows a sharp post-earnings selloff earlier this month, as the market reassesses the company's fundamentally strong quarterly results.

Victoria's Secret reported Q2 adjusted EPS of $0.95, beating the consensus estimate of $0.77 by over 23%. The company also raised its full-year revenue guidance to $7.10 billion-$7.18 billion, compared with the FactSet estimate of $7.14 billion. However, quarterly revenue of $1.611 billion narrowly missed the $1.619 billion estimate, triggering an approximately 18% selloff on the earnings release date. The current recovery suggests the market is repricing the significant earnings beat and improved outlook.

Additionally, the company's China expansion continues to gain traction, with 58 physical stores now operating and its celebrity-endorsed anti-gravity bra surpassing 100,000 units sold online, reinforcing brand momentum in a key growth market. JPMorgan had previously raised its price target on the stock from $88 to $110.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)