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Victoria's Secret & Co. (VSCO)

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18.32+0.16 (+0.88%)
At close: 04:00PM EDT
18.31 -0.01 (-0.05%)
After hours: 07:57PM EDT
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  • Yahoo Finance Video

    Corporate dealmaking, mixed retail earnings: Asking for a Trend

    On today's edition of Asking for a Trend, Yahoo Finance's Julie Hyman breaks down the trading day's biggest stories. A new EY forecast predicts corporate M&A activity will increase 20% in 2024, while private equity deals will rise 16% despite high interest rates. EY Strategy and Transactions, Americas Vice Chair Mitch Berlin breaks down why corporate dealmaking is experiencing a comeback, highlighting the "need to transact to transform" in order to stay ahead of the competition. He also notes that given how differently the two candidates view M&A, the 2024 presidential election could factor into some deal decisions. As the election lies just five months ahead, Verde Clean Fuels CEO Ernie Miller explains how Donald Trump and Joe Biden's competing energy agendas won't really affect the company: "There are benefits with what we do for oil and gas producers beyond the energy transition and so a change in administration is not really going to change this for us." Finally, Julie Hyman breaks down some of the biggest names moving in after-hours trading, from Five Below (FIVE) sinking to Victoria's Secret (VSCO) climbing on their respective earnings. This post was written by Melanie Riehl

  • Yahoo Finance Video

    Five Below misses, Victoria's Secret beats earnings estimates

    Yahoo Finance's Julie Hyman breaks down some of the biggest names moving in after-hours trading. Five Below (FIVE) shares are sinking after missing first quarter earnings estimates and cutting full-year guidance. On the other hand, Victoria's Secret (VSCO) topped its first quarter earnings estimates, reporting earnings per share of $0.12. The company reaffirmed its full-year outlook but forecast a decrease in its second quarter net sales. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl

  • GlobeNewswire

    Victoria’s Secret & Co. Reports First Quarter 2024 Results

    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 the stock plan, and say-on-pay REYNOLDSBURG, Ohio, June 05, 2024 (GLOBE NEWSWIRE) -- Victoria’s Secret & Co. (“Victoria’s Secret” or the “Company”) (NYSE: VSCO) today reported financial results for the first quarter ended M