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2023-07-03 23:47:56 ET Summary Victoria's Secret & Co is undervalued by almost 70% due to mixed fiscal results since its spinoff souring investor sentiment in the firm. The firm continuous to remain profitable and exhibit healthy FCF despite short-term headwinds and decreasing...
2023-06-30 10:59:44 ET The Supreme Court ruled by a 6-3 vote on Friday that the U.S. Education Department does not have the right to forgive student debt under the HEROES Act. The SCOTUS decision could have some ramifications in the consumer sector with high interest rates and other mac...
2023-06-25 11:35:44 ET Some consumer sector stocks face potential headwinds in the back half of the year with the resumption of student loan repayments and a likely trend of food disinflation. The debt ceiling agreement struck in May ensures student loan payments will resume in Septembe...
2023-06-21 08:20:23 ET Amazon ( NASDAQ: AMZN ) said it will run its annual Prime Day event on July 11-12 this year with new deals scheduled to drop every 30 minutes over a 45-hour period. The e-commerce giant mentioned deals will be offered on products from Lancôme, K...
2023-06-21 07:24:56 ET Specialty retailer Victoria's Secret ( NYSE: VSCO ) said on Wednesday that Greg Unis is set to assume the role of brand president for Victoria's Secret & PINK. Unis, who was chief growth officer at the company, will continue to report to CEO of ...
REYNOLDSBURG, Ohio, June 21, 2023 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) announced key leadership appointments to further advance its strategic pillars of strengthening the core, igniting growth...
2023-06-09 10:20:00 ET Vancouver, Kelowna, Delta, BC - June 9, 2023 (Investorideas.com Newswire) Investorideas.com , a global news source and expert investing resource, announces its weekly roundup of stocks to watch in Food and Beverage, Luxury Brands, Mining and Water. Today's stocks ...
2023-06-09 10:07:00 ET Victoria's Secret (NYSE: VSCO) is something of a cultural icon, with an industry-leading position in lingerie. That said, it has been facing stiff competition from upstart brands like American Eagle 's (NYSE: AEO) Aerie concept. In response, Victoria's...
2023-06-06 08:17:23 ET Victoria’s Secret & Co. ( NYSE: VSCO ) announced an expansion of its collaboration with Amazon ( AMZN ) Fashion with the development of a cross-category shopping experience Following the launch of Victoria’s Secret ( VSCO ...
REYNOLDSBURG, Ohio, June 06, 2023 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (NYSE: VSCO) and Amazon Fashion have expanded their collaboration with the development of a cross-category shopping experience that meets customers where they are. Following the launch of Victoria’...
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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...