These Analysts Revise Their Forecasts On Victoria's Secret Following Q2 Results

Benzinga
Aug 29

Victoria's Secret & Co. (NYSE:VSCO) reported upbeat second-quarter results on Thursday.

Revenue rose 3% year over year (Y/Y) to $1.46 billion, beating the analyst consensus estimate of $1.41 billion. Total comparable sales for the quarter increased 4% Y/Y. Adjusted EPS of $0.33 beat the analyst consensus estimate of $0.11, versus guidance for adjusted EPS of $0.00-$0.15.

For the third quarter, Victoria's Secret expects net sales of $1.390 billion-$1.420 billion against $1.359 billion analyst estimate and adjusted EPS loss of $(0.55)-$(0.75) versus the $(0.56) consensus estimate. It expects an adjusted operating loss of $35 million to $55 million.

The company expects fiscal 2025 net sales to be between $6.330 billion and $6.410 billion, compared to prior guidance of $6.200 billion to $6.300 billion, versus an estimated $6.254 billion. It reiterated an adjusted operating income range of $270 million to $320 million, including the impact of tariffs.

Victoria's Secret shares fell 0.5% to close at $22.67 on Thursday.

These analysts made changes to their price targets on Victoria's Secret following earnings announcement.

  • Barclays analyst Adrienne Yih maintained Victoria’s Secret with an Overweight rating and raised the price target from $23 to $27.
  • Jefferies analyst Corey Tarlowe maintained the stock with a Buy and lowered the price target from $28 to $26.

Considering buying VSCO stock? Here’s what analysts think:

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