Victoria's Secret Q3 Beats Expectations

Victorias Secret reports a significant Q3 beat, with strong sales and improved profit margins across brands. The companys intimates business is growing, and its gaining market share despite a shrinking U.S. market. Revenue reached $1.47 billion, adjusted earnings per share improved, and full-year adjusted earnings per share guidance beats predictions by 19%. Analysts will watch for new product innovations, digital campaigns, and continued improvements in profit margins.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.