Victoria's Secret Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Victoria's Secret & Co. (VSCO) is expected to report Q1 earnings of $0.28 per share, down from $0.40 year-over-year, with projected revenue of $1.41 billion, slightly below the previous year's $1.42 billion. Barclays maintained an Overweight rating on VSCO but lowered the price target to $22 from $23, while other analysts have recently adjusted their ratings and price targets with mixed sentiment; VSCO shares closed down 2.3% at $22.20 on Tuesday.

Analysis

Victoria's Secret & Co. (VSCO) is scheduled to release its first-quarter financial results on June 11, with analysts forecasting quarterly earnings of 28 cents per share, a substantial decrease from the 40 cents per share reported in the same period last year. The company also projects a slight year-over-year decline in quarterly revenue to $1.41 billion from $1.42 billion. This anticipated contraction in both earnings and revenue, coupled with a recent 2.3% drop in VSCO shares to $22.20, signals potential challenges. Analyst sentiment regarding VSCO is mixed, as evidenced by recent rating updates: Barclays maintained an Overweight rating on June 5, 2025, but lowered its price target from $23 to $22. Telsey Advisory Group reiterated a Market Perform rating with a $24 price target on June 4, 2025. Conversely, JP Morgan maintained a Neutral rating but increased its price target from $17 to $22 on May 19, 2025, while Wells Fargo held an Underweight rating yet raised its price target from $12 to $15 on May 14, 2025. Morgan Stanley maintained an Equal-Weight rating, cutting its price target from $23 to $19 on May 6, 2025. The accuracy rates for these analysts range from 60% to 71%, indicating a varied but generally informed set of perspectives on the company's outlook.

Key Decisions for Investors

• Investors should closely monitor the upcoming Q1 earnings release on June 11 to see if Victoria's Secret meets, exceeds, or misses the consensus earnings estimate of 28 cents per share and revenue projection of $1.41 billion.
• Given the mixed analyst ratings and price target adjustments, ranging from Barclays' Overweight at $22 to Wells Fargo's Underweight at $15, investors should consider the diverse outlooks and assess their own risk appetite before making investment decisions.
• It is advisable to pay particular attention to management's commentary accompanying the results for insights into the drivers of the expected performance decline, strategies to address these challenges, and the outlook for future quarters.