Victoria’s Secret & Co. (VSCO) reported better-than-expected second-quarter earnings, with revenue slightly exceeding analyst estimates. However, despite improved guidance, shares declined due to continued weakness in comparable sales and a forecast for a third-quarter loss.
Victoria’s Secret (VSCO) is experiencing a surge in investor interest driven by positive earnings estimates. The company’s stock has already gained significantly in recent weeks, and this trend is likely to continue as analysts remain optimistic about its future earnings. The Zacks Rank, a system based on earnings estimate revisions, assigns Victoria’s Secret a #1 (Strong Buy) rating, indicating a high potential for outperformance.
