VSCO Stock Recent News

Clothing and lingerie retailer Victoria's Secret suspended most of the functionality of its website and some in-store services to “address a security incident,” according to a statement posted to the company's website on Wednesday.

Fashion retail giant Victoria's Secret said it is addressing a “security incident,” as its website and online orders face ongoing disruption.

The lingerie retailer said it was dealing with a “security incident."

Victoria's Secret & Co. Q1 results are expected to be unremarkable, with sales and EPS in line with management and analyst guidance. The main VSCO focus is the hostile takeover attempt by BBRC, countered by a poison pill defense to protect existing shareholders from losing control. BBRC's 13% stake and potential to reach 49.99% create uncertainty, with the board aiming to prevent a single investor's dominance.

Victoria's Secret & Co. (NYSE:VSCO) has adopted a limited-duration shareholder rights plan, commonly referred to as a “poison pill,” to prevent a potential hostile takeover attempt by Australian billionaire Brett Blundy's investment firm BBRC. BBRC has steadily increased its stake in Victoria's Secret to about 13% of its outstanding shares, including acquiring shares in violation of US antitrust laws by failing to file the required forms for three years.

Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding classification to active from passive.

Victoria's Secret adopted a shareholder rights plan on Tuesday, after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie maker.

Board acted in response to substantial accumulation of stock by BBRC Protects long-term value for all shareholders REYNOLDSBURG, Ohio, May 20, 2025 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) today announced that its Board of Directors (the “Board”) has approved the adoption of a limited-duration shareholder rights plan (“Rights Plan”) to protect the best interests of all VS&Co shareholders. The Rights Plan is effective immediately and expires in one year.

REYNOLDSBURG, Ohio, May 15, 2025 (GLOBE NEWSWIRE) -- In conjunction with the Victoria's Secret & Co. (NYSE: VSCO) first quarter 2025 earnings release, which will cross the wire before market open on Thursday, June 5th, you are invited to listen to a live webcast of the conference call on Thursday, June 5th at 8:30 a.m. ET with Victoria's Secret & Co. executives.

New Brand Presidents to Lead Execution of Path to Potential Strategy, Building on Company's Strong Foundation to Usher in New Era of Innovation