Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,623.09
    -1,602.44 (-3.19%)
     
  • CMC Crypto 200

    1,261.06
    -96.94 (-7.14%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Victoria's Secret (VSCO) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended April 2023, Victoria's Secret (VSCO) reported revenue of $1.41 billion, down 5.2% over the same period last year. EPS came in at $0.28, compared to $1.11 in the year-ago quarter.

The reported revenue represents a surprise of -1.00% over the Zacks Consensus Estimate of $1.42 billion. With the consensus EPS estimate being $0.54, the EPS surprise was -48.15%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

ADVERTISEMENT

Here is how Victoria's Secret performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Comparable Store Sales: -14% versus -7.6% estimated by four analysts on average.

  • Total stores - China Joint Venture: 72 versus the two-analyst average estimate of 72.5.

  • Total stores - Company-Operated: 831 versus 837 estimated by two analysts on average.

  • Total stores: 1347 compared to the 912.5 average estimate based on two analysts.

View all Key Company Metrics for Victoria's Secret here>>>

Shares of Victoria's Secret have returned -26.7% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Victoria's Secret & Co. (VSCO) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research