Nucor earnings beat by $0.08, revenue fell short of estimates
BBRC International PTE LTD, a significant shareholder of Victoria’s Secret & Co. (NYSE:VSCO), recently increased its stake in the company with a substantial purchase of common stock. According to the latest SEC filing, BBRC acquired a total of 1,022,000 shares over two days, March 10 and March 11, for a combined total of approximately $17.3 million.
The purchases were executed at a weighted average price ranging between $16.525 and $17.3235 per share. Following these transactions, BBRC International’s total holdings in Victoria’s Secret have risen to 9,175,019 shares. This move underscores BBRC’s continued confidence in the retailer, known for its women’s clothing and lingerie lines. With analyst price targets ranging from $19 to $42, InvestingPro subscribers can access 10+ additional exclusive insights about VSCO’s valuation and growth prospects in the comprehensive Pro Research Report.
In other recent news, Victoria’s Secret has reported significant developments that investors may find noteworthy. The company exceeded Wall Street expectations for its fourth-quarter 2025 financial results, posting an earnings per share (EPS) of $2.60, surpassing the forecasted $2.27, and a revenue of $2.11 billion, above the anticipated $2.09 billion. Despite these positive earnings, the stock target was adjusted by analysts from UBS and TD Cowen, with UBS lowering the price target to $25 while maintaining a Neutral rating, and TD Cowen reducing it to $22.50, citing slower-than-expected performance at the start of the year.
Victoria’s Secret’s guidance for the first quarter of 2025 suggests a decline in sales growth, with expectations of a 2% to 4% decrease. The company’s full-year 2025 outlook indicates flat to slightly increased revenue, with anticipated challenges in operating income, particularly in the first quarter. Analysts from UBS and TD Cowen have expressed cautious optimism, noting the potential impact of changes in marketing and merchandise strategies under the new management team.
The company continues to focus on product innovation and operational efficiency, with strategic initiatives aimed at expanding its international presence and differentiating its brands, particularly the PINK brand. Despite challenges such as adverse weather conditions and tariffs, Victoria’s Secret remains committed to enhancing its market position and exploring growth opportunities across its product categories.
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