STOCK TITAN

Victorias Secret & Co. - VSCO STOCK NEWS

Welcome to our dedicated page for Victorias Secret & Co. news (Ticker: VSCO), a resource for investors and traders seeking the latest updates and insights on Victorias Secret & Co. stock.

Victoria's Secret & Co. (NYSE: VSCO) is a renowned specialty retailer offering a wide range of intimate apparel, sleepwear, and beauty products. The company is globally recognized for its fashion-inspired collections, award-winning fragrances, and celebrated supermodels. Operating both physical stores and a robust online platform, Victoria's Secret & Co. ensures customers can shop their favorite products anytime and anywhere.

The company is known for its iconic brands, Victoria's Secret and Victoria's Secret PINK, which aim to inspire and uplift customers at every stage of their lives. In 2022, the company acquired Adore Me, a technology-led, digital-first lingerie brand. This acquisition aims to modernize the digital shopping experience and integrate innovative tech solutions.

Recently, Victoria's Secret & Co. has partnered with Google Cloud to enhance its online shopping experience using AI technologies. This partnership includes the development of AI-powered conversational assistants and advanced product search features, aiming to provide personalized recommendations and streamline internal operations.

Victoria's Secret & Co. operates over 1,350 retail stores in nearly 70 countries and employs more than 30,000 associates. The company's commitment to customer satisfaction and technological innovation positions it as a leader in the retail market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.95%
Tags
none
-
Rhea-AI Summary
Victoria's Secret & Co. has announced key leadership appointments to strengthen its core, ignite growth, and transform the foundation. Greg Unis will become the Brand President of Victoria's Secret & PINK, while Anne Stephenson will join as the Chief Merchandising Officer. Unis will lead various functions and work closely with Chief Customer Officer Chris Rupp. Stephenson brings extensive leadership experience and has previously worked with Victoria's Secret.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.76%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.59%
Tags
none
Rhea-AI Summary
Victoria's Secret & Co. reports Q1 2023 financial results, with net sales decreasing by 5% compared to the prior year. The company plans to focus on brand repositioning and growth initiatives to overcome the challenging environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.72%
Tags
-
Rhea-AI Summary
Victoria's Secret announces The Victoria's Secret World Tour, a feature length film that will unite fashion, film, art, and culture. The film will showcase the work of 20 global creatives who will conceive four fashion curations from Bogota, Lagos, London, and Tokyo. The show will be streamed internationally and culminate in a live fashion event this fall.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.98%
Tags
none
-
Rhea-AI Summary

Victoria's Secret has relaunches its signature Heavenly Eau de Parfum with a revamped look, featuring global fashion icon Adriana Lima as the face of the campaign. This marks Lima's return to the brand, signaling the brand's commitment to celebrating femininity. The fragrance combines effervescent fruits, white florals like freesia and jasmine, and warm notes of sandalwood and vanilla. The full Heavenly collection includes Heavenly Dream Angel Eau de Parfum, boasting raspberry nectar and amber crystals.

The campaign is set to elevate the brand's identity and engage loyal customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
Rhea-AI Summary

Victoria's Secret & Co. (NYSE: VSCO) reported its fourth quarter and full year 2022 financial results, revealing a diluted EPS of $2.10, a decrease from $2.70 in Q4 2021. Adjusted diluted EPS was $2.47, exceeding guidance. Net sales for Q4 2022 declined by 7% to $2.021 billion, in line with expectations. For the full year, net income fell to $348 million from $646 million, with a 6% decrease in net sales to $6.344 billion. Looking ahead, the company forecasts mid-single-digit growth in net sales for 2023 and a decrease in Q1 sales. A new share repurchase program has been initiated, reflecting ongoing capital allocation efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.22%
Tags
none
-
Rhea-AI Summary

Victoria’s Secret & Co. (NYSE: VSCO) announced the pilot launch of its first-ever rewards program, The VS & PINK Collective, designed for customers of Victoria’s Secret and PINK. This program allows customers to earn rewards regardless of their payment method, enhancing customer experience and value.

The pilot will involve 30% of customers in selected U.S. states to gather feedback before the full rollout later this year. Members can progress through three tiers: Insider, All-Access, and VIP, based on annual spending. Cardmembers will earn points faster, and the program aims to create long-term customer relationships and engagement.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.79%
Tags
none
-
Rhea-AI Summary

Victoria's Secret has launched its first design collaboration with athlete Naomi Osaka, celebrating self-care and dreams through a new collection. This collection features casual sleepwear and intimates, including the new Forever Bra with fully recyclable pads. The pieces range from $32 and include various styles in soft color palettes. The collection is available nationwide and online, aiming to inspire women to embrace self-love and tranquility.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.72%
Tags
none
Rhea-AI Summary

Victoria’s Secret & Co. (NYSE:VSCO) will report its fourth quarter and full fiscal year 2022 earnings on March 2, 2023. A live conference call is scheduled for March 3, 2023, at 8:00 a.m. ET, where executives will discuss the results. Investors can access the call through the company’s website or by phone. The release will include insights into the company's financial performance and strategic plans. Victoria’s Secret is known for its lingerie and beauty products, operating approximately 1,350 retail stores worldwide, and is committed to empowering its associates and delivering quality products.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags

FAQ

What is the current stock price of Victorias Secret & Co. (VSCO)?

The current stock price of Victorias Secret & Co. (VSCO) is $41.86 as of January 3, 2025.

What is the market cap of Victorias Secret & Co. (VSCO)?

The market cap of Victorias Secret & Co. (VSCO) is approximately 3.2B.

What is Victoria's Secret & Co.?

Victoria's Secret & Co. is a global specialty retailer known for its intimate apparel, sleepwear, and beauty products.

What brands are part of Victoria's Secret & Co.?

The company includes Victoria's Secret, Victoria's Secret PINK, and Adore Me.

How many stores does Victoria's Secret & Co. operate?

Victoria's Secret & Co. operates over 1,350 retail stores in nearly 70 countries.

What recent technological advancements has Victoria's Secret & Co. implemented?

The company has partnered with Google Cloud to use AI technologies for enhancing online shopping experiences and internal operations.

What was the purpose of acquiring Adore Me?

The acquisition aims to modernize the digital shopping experience and integrate innovative technologies.

How does Victoria's Secret & Co. ensure customer satisfaction?

The company focuses on providing high-quality products and personalized shopping experiences both in-store and online.

Who is the Chief Customer Officer of Victoria's Secret & Co.?

Chris Rupp is the Chief Customer Officer of Victoria's Secret & Co.

What unique features has Victoria's Secret & Co. introduced recently?

They have implemented AI-powered product search features using Google Cloud's Vision API Product Search technology.

How many employees does Victoria's Secret & Co. have?

The company employs more than 30,000 associates globally.

Where can I find more information about Victoria's Secret & Co.'s financial performance?

You can find detailed financial information in the company's Annual Report on Form 10-K filed with the SEC.
Victorias Secret & Co.

NYSE:VSCO

VSCO Rankings

VSCO Stock Data

3.24B
70.16M
10.77%
93.17%
11.21%
Apparel Retail
Retail-women's Clothing Stores
Link
United States of America
REYNOLDSBURG