2023-05-31 16:26:59 ET
- Victoria’s Secret press release ( NYSE: VSCO ): Q1 GAAP EPS of $0.01 misses by $0.49 .
- Revenue of $1.41B (-4.7% Y/Y) misses by $10M
- Full Year and Second Quarter 2023 Outlook
- 2023 net sales to be in the range of flat to down low-single digits compared to last year’s net sales of $6.344 billion.
- The Company is forecasting second quarter 2023 net sales to decrease in the mid-single digit range compared to last year’s second quarter net sales of $1.521 billion.
- Adjusted net income for the second quarter of 2023 is estimated to be in the range of $0.10 to $0.40 per diluted share.
For further details see:
Victoria’s Secret GAAP EPS of $0.01 misses by $0.49, revenue of $1.41B misses by $10M