NYSE:VSCOSpecialty Retail
Victoria's Secret (VSCO): Reassessing Valuation After Q3 Earnings Beat, Upgraded Guidance and Fashion Show Revival
Victoria's Secret (VSCO) just delivered a third quarter that beat Wall Street expectations, lifted by stronger sales, better margins, and a surprisingly effective boost from its revived Fashion Show and youth focused marketing.
See our latest analysis for Victoria's Secret.
The earnings beat and upgraded guidance have coincided with a sharp re-rating in the market, with a roughly 107% 90 day share price return and 18.7% one year total shareholder return suggesting momentum is clearly...