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BBRC International PTE LTD, a significant shareholder of Victoria’s Secret & Co. (NYSE:VSCO), has recently increased its stake in the company with substantial stock purchases. According to a recent SEC filing, BBRC acquired a total of 129,641 shares over two days, March 12 and March 13, 2025.
On March 12, BBRC purchased 80,328 shares at an average price of $16.782 per share. The following day, they acquired an additional 49,313 shares at an average price of $16.991 per share. The total value of these transactions amounts to approximately $2.19 million. These purchases come as the stock trades near its 52-week low of $15.12, having declined over 55% year-to-date. InvestingPro subscribers can access 8 additional key insights about VSCO’s current market position and future prospects.
These purchases have increased BBRC’s holdings in Victoria’s Secret to 9,304,660 shares. The transactions were made indirectly, with BBRC acting as trustee for the BB Family International Trust and BBFIT Investments Pte Ltd. The company maintains a healthy gross profit margin of 36.7% and is expected to remain profitable this year.
In other recent news, Victoria’s Secret reported its fourth-quarter 2025 financial results, surpassing Wall Street’s expectations with earnings per share of $2.60, above the forecast of $2.27. The company’s revenue also exceeded projections, reaching $2.11 billion compared to the anticipated $2.09 billion. Despite these positive results, the company’s guidance for the first quarter of 2025 indicates a potential sales decline of 2% to 4%. Analysts from UBS and TD Cowen have adjusted their price targets for Victoria’s Secret, with UBS lowering it to $25 and TD Cowen to $22.50, both citing concerns over the company’s guidance and market conditions.
Victoria’s Secret has shown a 5% year-over-year increase in comparable sales, marking its sixth consecutive quarter of sales growth, although the North American intimates market remains flat. The company faces challenges such as adverse weather conditions and tariffs, which are influencing investor sentiment. Analysts from TD Cowen express cautious optimism about the company’s new management and strategic changes, particularly in the PINK brand. Victoria’s Secret’s full-year outlook for 2025 suggests a decline in gross margins, despite plans to reduce promotional activities.
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