Victoria's Secret: Fiscal Q3 Earnings Snapshot
By AP News
Published - Dec 05, 2024, 04:33 PM ET
Last Updated - Dec 16, 2024, 05:05 PM EST
REYNOLDSBURG, Ohio (AP) — REYNOLDSBURG, Ohio (AP) — Victoria's Secret & Co. (VSCO) on Thursday reported a loss of $56.2 million in its fiscal third quarter.
The Reynoldsburg, Ohio-based company said it had a loss of 71 cents per share. Losses, adjusted for non-recurring costs, were 50 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 64 cents per share.
The retailer of lingerie, pajamas and beauty products posted revenue of $1.35 billion in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $1.29 billion.
