Victoria’s Secret & Co. Financial Update

Victoria’s Secret & Co., a prominent retailer in the Consumer Discretionary sector, has experienced notable developments in its stock performance and corporate strategy. The company, listed on the New York Stock Exchange, specializes in women’s apparel and accessories, including lingerie, bras, and beauty products.

Stock Performance and Analyst Reactions

On May 19, 2025, Victoria’s Secret shares experienced a decline, closing at $22.22, down from the previous close of $22.79 on May 18. Despite this dip, the stock reached a significant milestone on May 21, crossing above the average analyst 12-month target price of $23.05, with shares trading at $23.53. This achievement typically prompts analysts to reassess their target prices, potentially leading to adjustments in their recommendations.

Earlier in the month, on May 19, JP Morgan raised its price target for Victoria’s Secret, reflecting a positive outlook from the investment bank. This adjustment aligns with the stock’s recent performance, which has seen fluctuations within a 52-week range from a high of $48.73 to a low of $13.76.

Upcoming Financial Results

Victoria’s Secret is set to release its quarterly financial results on June 5, 2025. Analysts anticipate a reported earnings per share (EPS) of $0.032, a significant improvement from the previous year’s EPS of -$0.050. However, the company is expected to report a slight decrease in revenue, with estimates averaging $1.32 billion, down 2.51% from the $1.36 billion reported in the same quarter of the previous year.

Corporate Strategy and Shareholder Protection

In response to a substantial accumulation of shares by BBRC International Pte Limited, controlled by Brett Blundy, Victoria’s Secret’s Board of Directors has implemented a limited-duration shareholder rights plan. This plan, effective immediately and expiring in one year, aims to safeguard the interests of all shareholders by preventing potential hostile takeovers.

Market Context

The broader market context on May 20, 2025, saw the Dow Jones and S&P 500 indices experiencing slight declines, while the Nasdaq also fell by 0.4%. Despite these movements, Victoria’s Secret’s strategic decisions and financial outlook continue to draw attention from investors and analysts alike.

With a market capitalization of approximately $1.85 billion and a price-to-earnings ratio of 9.27, Victoria’s Secret remains a key player in the retail sector, navigating both market challenges and opportunities.