Pivotal Point Tracking Victoria's Secret & Co. (VSCO): Turnaround Dynamics - 34% China Growth and Forecast Upgrade!
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Victoria's Secret is a retailer of intimate apparel and beauty products with the brands Victoria's Secret, PINK, and Adore Me. The company significantly exceeded expectations for adjusted earnings in the third quarter and raised its forecast for the fiscal year. The driver was a successful transformation of the product range, which is resonating more with customers again. Efficient inventory management and optimized digital sales channels led to a considerable improvement in operating margins. The international business grew by an impressive 34%,...
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