other material
confidence high
sentiment neutral
materiality 0.60
Victoria's Secret updates Q3 2022 guidance to high end of range; holds investor day
Victoria's Secret & Co.
- Operating income expected at high end of $10M-$40M range; EPS $0.00-$0.25 per diluted share.
- Net sales decline high single digit YoY, consistent with prior guidance.
- Investor day on Oct 13 to present long-term strategic growth plan.
- Strategic plan: strengthen core (bras, intimates, beauty), ignite growth (global expansion), transform foundation.