Revenue In Line With Expectations, Provides Encouraging Quarterly Guidance

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Victoria’s Secret’s (NYSE:VSCO) Q2 Earnings Results: Revenue In Line With Expectations, Provides Encouraging Quarterly Guidance

Intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) reported results in line with analysts’ expectations in Q2 CY2024, with revenue flat year on year at $1.42 billion. The company expects next quarter’s revenue to be around $1.27 billion, coming in 1.2% above analysts’ estimates. It made a non-GAAP profit of $0.40 per share, improving from its profit of $0.24 per share in the same quarter last year.

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Victoria’s Secret (VSCO) Q2 CY2024 Highlights:

  • Revenue: $1.42 billion vs analyst estimates of $1.41 billion (small beat)

  • EPS (non-GAAP): $0.40 vs analyst estimates of $0.38 (4.7% beat)

  • Revenue Guidance for Q3 CY2024 is $1.27 billion at the midpoint, above analyst estimates of $1.25 billion

  • EPS (non-GAAP) guidance for Q3…

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