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Added to YB: 2024-04-01

Pitch date: 2024-04-01

VSCO [bearish]

Victoria's Secret & Co.

-199.89%

current return

Author Info

No bio for this author

Company Info

Victoria's Secret & Co. operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide.

Market Cap

$1.3B

Pitch Price

$18.26

Price Target

N/A

Dividend

N/A

EV/EBITDA

3.49

P/E

8.27

EV/Sales

0.62

Sector

Specialty Retail

Category

N/A

Show full summary:
Victoria's Secret ($VSCO): A Bond Market 'Show-Me' Story Yielding 9%

VSCO: Lingerie retailer turnaround faltering amid executional missteps, macro headwinds & leadership turnover. FY23 sales -18% vs '19, margins -570bps. FY24 guide well below St: LSD% sales decline, $250-275M EBIT (St $351M). Bonds @82, stock -70%+ question mgmt credibility & turnaround potential.

Read full article (3 min)