tiprankstipranks
The Fly

Victoria’s Secret reports Q4 adjusted EPS $2.60, consensus $2.30

Victoria’s Secret reports Q4 adjusted EPS $2.60, consensus $2.30

Reports Q4 revenue $2.11B, consensus $2.08B. Reports Q4 comparable sales up 5%. “I am pleased with the strength of our fourth quarter holiday results, which saw sales up in both our Victoria’s Secret (VSCO) and PINK brands and our powerhouse Beauty business. Sales increased across most major merchandise categories, in our stores and digital channels, and in both our North America and International businesses. We won in the big moments of the quarter and gained more than our fair share of the traffic in the mall and online. The teams focused on execution and drove healthy margins, controlled costs, and managed inventory levels extremely well in a highly competitive and promotional holiday environment,” said VS&Co CEO Hillary Super.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com