: Victoria’s Secret stock soars 8% after retailer says holiday season went better than expected
Victoria’s Secret & Co. stock soared 8% Tuesday after the lingerie company raised its fourth-quarter guidance to reflect a better-than-expected holiday season in the face of a “challenged” consumer.
“Our sales performance was at the better end of our guidance with margins solidly in line with our expectations despite our response to a very promotional environment during the holiday season,” Chief Executive Martin Waters said in a statement.
The…
What's your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
