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

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 ...