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Victoria's Secret: Fiscal Q1 Earnings Snapshot

By Ap News - Jun 05, 2024, 04:24 PM ET
Last Updated - Jun 05, 2024, 04:24 PM EDT
Victoria's Secret: Fiscal Q1 Earnings Snapshot

REYNOLDSBURG, Ohio (AP) — REYNOLDSBURG, Ohio (AP) — Victoria's Secret & Co. (VSCO) on Wednesday reported a loss of $3.6 million in its fiscal first quarter.

The Reynoldsburg, Ohio-based company said it had a loss of 5 cents per share. Earnings, adjusted for one-time gains and costs, came to 12 cents per share.

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The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 11 cents per share.

The retailer of lingerie, pajamas and beauty products posted revenue of $1.36 billion in the period, matching Street forecasts.

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