Victoria's Secret falls after quarterly sales outlook comes in below expectations

Victoria's Secret & Co.

06/03/2025 15:56

Updates

** Lingerie maker Victoria's Secret's VSCO.N shares down 5.8% at $20.92

** Co expects Q1 net sales of $1.30 billion to $1.33 billion, compared with expectations of $1.39 billion, according to data compiled by LSEG

** Co says it factored in unseasonal weather across much of the U.S. that had created an additional challenge at the start of the year

** "With a new CEO in place, we are not surprised to see the company initiate more cautious guidance to provide some latitude to operate against an uncertain environment" - Telsey Advisory Group analyst Dana Telsey

** Company expects annual sales to be in the range of $6.2 billion to $6.3 billion, compared with analysts' expectations of $6.21 billion

** VSCO stock has risen about 4.2% YTD including session's moves

 (Reporting by Aamir Sohail in Bengaluru)

 ((Aamir.Sohail@thomsonreuters.com;))