BUZZ-Victoria's Secret falls after quarterly sales outlook comes in below expectations

Reuters
03-06
BUZZ-<a href="https://laohu8.com/S/VCCTF">Victoria</a>'s Secret falls after quarterly sales outlook comes in below expectations

** Lingerie maker Victoria's Secret's VSCO.N shares down 2.7% at $21.59 premarket

** Co expects Q1 net sales of $1.30 billion to $1.33 billion, compared to expectations of $1.39 billion

** Co says it factored in unseasonal weather across much of the U.S. that had created an additional challenge at the start of the year

** "As we look forward to 2025 and the future, we recognize there are near-term headwinds and ongoing uncertainty in the macro environment which we will manage aggressively," - CEO Hillary Super

** Company expects annual sales to be in the range of $6.2 billion to $6.3 billion, compared with analysts expectations of $6.21 billion

** VSCO stock has fallen about 46.3% YTD as of last close

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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