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Shares of Victoria’s Secret & Co (NYSE: VSCO) are up nearly 15% on Wednesday after the retailer authorised a new share repurchase programme. Victoria’s Secret approves $250 million buyback In the press release , the lingerie, clothing, and beauty products company sai...
Victoria's Secret & Co. ( NYSE: VSCO ) was one of the biggest gainers in the consumer discretionary sector on Wednesday after narrowing its Q4 guidance and setting a new $250M buyback plan. Cowen analyst Oliver Chen said the share repurchase program should be positively received b...
Victoria’s Secret ( NYSE: VSCO ) has approved a new $250M share repurchase program. This new buyback program will run through out 2023 after completion of the current $250M share repurchase program by the end of January 2023. Shares acquired will be used under equity co...
Announces New $250 Million Share Repurchase Authorization Expects Fourth Quarter 2022 Net Sales, Operating Income, and Diluted EPS Within Range of Previously Communicated Guidance REYNOLDSBURG, Ohio, Jan. 11, 2023 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“Vic...
Victoria's Secret (NYSE: VSCO) is a staple in malls around the country and world, but it has only recently become a stand-alone company. The reason for this is less than desirable in some ways, but it has allowed management to focus all of its energy on returning this iconic brand to growth...
Listen on the go! Subscribe to Wall Street Breakfast on Apple Podcasts and Spotify Apple (AAPL) dips below $2T Market Cap . Tesla (TSLA) jolts investors again. Rivian (RIVN) produced 10K vehicles in Q4, comes up short of full-year ...
Victoria’s Secret shares slid sharply on Tuesday as an SEC filing revealed the upcoming departure of Amy Hauk, current CEO of the Pink and Victoria’s Secret brands. The filing released on Tuesday, which largely concerned the closing of the previously announced acquisit...
Acquisition Supports Goal to Become The World’s Leading Retailer of Intimate Apparel Acquisition Accelerates Commitment to Digital Focus and Enhanced Customer Engagement Acquisition Expected to Be Earnings and Cash Flow Accretive in 2023 REYNOLDSBURG, Ohio, Jan. 03, 2...
Shares of Victoria's Secret (NYSE: VSCO) were down 9.6% for the week through Thursday's close, according to data provided by S&P Global Market Intelligence . Earlier this week, UBS analyst Jay Sole issued a negative view on the company's turnaround potential, and this has fuel...
Summary Philippe Laffont’s 13F portfolio value increased from $8.26B to $8.61B this quarter. They increased Uber Technologies, Nvidia, and PayPal Holdings while decreasing Tesla, Meta Platforms, Microsoft, and Snowflake. They also dropped Alibaba Group Holding. Their top thre...
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First quarter sales, operating income and EPS at high-end of previously announced preliminary results Provides second quarter guidance and reaffirms full year 2024 outlook Proxy advisory firms recommend in favor of all director candidates, approval of increased capacity under th...
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2024-05-30 09:22:47 ET Victoria’s Secret (NYSE: VSCO) stock price has slumped hard since going publc in 2021 as investors reflect on its slowing sales and market share losses. It has plunged to about $21, down by over 72% from its all-time high. Its market cap has crashed from ov...