U.S. stock futures were mixed this morning, with the Nasdaq futures gaining by around 0.1% points on Thursday.
Shares of Victoria's Secret & Co. (NYSE: VSCO) fell sharply in today’s pre-market trading after reporting fourth-quarter results.
Victoria’s Secret posted upbeat earnings for its fourth quarter, while sales missed estimates. The company’s board also authorized a new share repurchase program of up to $250 million. The company also guided for full-year 2024 revenue of around $6 billion versus estimates of $6.28 billion, according to data from Benzinga Pro.
Victoria's Secret shares tumbled 32.1% to $17.40 ...