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BBRC International PTE LTD, a significant shareholder of Victoria’s Secret & Co. (NYSE:VSCO), has increased its stake in the company with a substantial purchase of common stock. According to a recent SEC filing, BBRC acquired 212,500 shares on April 3, 2025, at a weighted average price of $16.15 per share, totaling approximately $3.43 million.
This purchase brings BBRC’s total holdings to 10,310,631 shares. The shares were bought in a series of transactions, with prices ranging from $15.67 to $16.29. BBRC’s acquisition comes as Victoria’s Secret stock has declined 64.1% year-to-date, with InvestingPro data indicating the stock is currently trading below its Fair Value. BBRC’s acquisition reflects its ongoing investment interest in Victoria’s Secret, a prominent player in the women’s clothing retail sector with $6.23 billion in trailing twelve-month revenue.
The shares are held indirectly by BBRC as a trustee for the BB Family International Trust and BBFIT Investments Pte Ltd, with BB Family Trust being the sole shareholder of BBFIT. Brett Blundy, Managing Director of BBRC, signed the filing, highlighting the firm’s strategic investment decisions. For deeper insights into Victoria’s Secret’s valuation and 13 additional ProTips, investors can access the comprehensive research report available on InvestingPro.
In other recent news, Victoria’s Secret & Co. reported its fourth-quarter 2025 financial results, exceeding Wall Street expectations with an earnings per share (EPS) of $2.60 compared to a forecast of $2.27, and revenue of $2.11 billion against an anticipated $2.09 billion. This positive performance comes alongside S&P Global Ratings revising the company’s outlook to stable from negative, highlighting improved operating performance and deleveraging. Despite these encouraging results, UBS analyst Mauricio Serna lowered the stock price target from $34.00 to $25.00, maintaining a Neutral rating, citing concerns over the company’s first-quarter guidance and full-year outlook for 2025. Similarly, TD Cowen analyst Jonna Kim reduced the stock price target to $22.50 from $37.00, while keeping a Hold rating, due to slower than expected performance at the start of the year.
Victoria’s Secret has seen a 5% year-over-year increase in comparable sales, marking its sixth consecutive quarter of growth, although its North American market performance remained flat. The company anticipates a slight sales decline in the first quarter of 2025, with a 2% to 4% drop projected. S&P Global Ratings expects sales growth to be relatively muted in fiscal 2025, with a forecasted increase of about 1% as consumers opt for more affordable options. However, Victoria’s Secret plans to enhance its product offerings and operational efficiency, aiming to sustain adequate inventory levels and improve profitability metrics despite potential tariff challenges.
The company’s strategic initiatives include expanding its international presence and focusing on product innovation. Victoria’s Secret is also planning to open between 13 and 53 new stores in fiscal 2025, primarily through partner-operated outlets. Analysts have noted that Victoria’s Secret’s efforts to enhance its PINK brand and differentiate product categories such as bras, beauty, sport, and swimwear could contribute to future growth.
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