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Amazon, Macy's, and Victoria's Secret stock will be worth keeping an eye on in the coming weeks as they may be capitalizing on Valentine's Day.
Victoria's Secret (VSCO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
REYNOLDSBURG, Ohio, Feb. 12, 2025 (GLOBE NEWSWIRE) -- In conjunction with the Victoria's Secret & Co. (NYSE: VSCO) fourth quarter 2024 earnings release, which will cross the wire after market close on Wednesday, March 5th, you are invited to listen to a live webcast of the conference call on Thursday, March 6th at 8:00 a.m. ET with Victoria's Secret & Co. executives.
Victoria's Secret (VSCO) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The heavy selling pressure might have exhausted for Victoria's Secret (VSCO) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Since 1950, the S&P 500 has gained about 0.21% in the four trading days leading up to February 14th. While past performance does not guarantee future results, a Valentine's Day rally could be an opportunity to make short-term gains in sectors primed for a burst in economic activity. As Americans prepare to spend a record $27.B this Valentine's Day, consider showing some love to your portfolio with these five Strong Buy-rated stocks.
Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Global Womenswear Market to 2028" report has been added to ResearchAndMarkets.com's offering. This report offers an analysis of both the historic and forecast data of the global womenswear market through to 2028. It provides some analysis of the key trends along with sales and growth across different regions and product categories. It also provide the competitive landscape withing the global womenswear market, with top brands' market shares and key brand profiles. The global womenswear market grew by 4.2% to $758.3 billion in 2023, despite inflation prompting consumers to cut back on non-essential spending. The category outpaced menswear and childrenswear, as women remained more willing to invest in changing fashion trends. Asia-Pacific is expected to remain the largest region in the womenswear market out to 2028, with its share growing by 1.6 percentage points to 39.1%, with a robust five-year CAGR of 3.4%. Shein continues to dominate the
VSCO, ASB, OKTA, PLYA and DECK have been added to the Zacks Rank #1 (Strong Buy) List on February 4, 2025.
Victoria's Secret is facing customers who are dealing with higher costs for more pressing needs.
Chief Financial and Administrative Officer Timothy Johnson announces planned retirement Seasoned retail executive Scott Sekella appointed CFO Company now forecasts sales and earnings near the high end of expectations REYNOLDSBURG, Ohio, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today announced that Chief Financial and Administrative Officer Timothy (TJ) Johnson is retiring in June 2025. Scott Sekella has been appointed Chief Financial Officer.