文章核心观点 - 维多利亚的秘密公司二季度业绩转亏为盈,净利润为3200万美元,每股收益为0.40美元,超出分析师预期[1][2] - 公司2024年销售额预期上调,主要得益于北美地区销售的增长[1] 公司业绩 - 公司二季度净利润为3200万美元,扭转了上年同期100万美元的亏损[2] - 每股收益为0.40美元,高于分析师预期的0.37美元[2] 销售表现 - 公司2024年销售额预期上调,主要得益于北美地区销售的增长[1]

高管任命及薪酬 - 公司任命Hillary Super为Victoria's Secret & Co.的首席执行官[5] - 公司将向Hillary Super授予价值5,750,000美元的限制性股票单位(RSUs)，并将在未来三年内分三期解锁[10] - 公司将在2025财年的第一个财季向Hillary Super授予价值7,700,000美元的股权激励[11] - 公司将向Hillary Super支付100万美元的一次性现金签约奖金[13] - 公司将为Hillary Super提供搬迁支持,如果Hillary Super在入职后两年内离职(除非有正当理由),需要偿还搬迁费用[17] - 公司将为Hillary Super提供办公室和必要的支持设施[19] 高管离职及补偿 - 公司有权根据其政策收回支付给Hillary Super的任何激励性或其他薪酬[20] - 公司可以在获得后续证据的情况下,将之前的离职理由改为有因解雇[22] - Hillary Super可以在给予30天书面通知的情况下自行辞职,无论是否有正当理由[23,24] - 如果公司无故解雇Hillary Super(非因过错、残疾或死亡),公司需支付Hillary Super相关补偿[27] - 公司将继续支付高管基本工资2年，并提供医疗保险补助[31][32] - 公司将根据绩效目标支付高管当年和次年的绩效奖金[31] - 公司将按时间比例解锁高管部分未行权的股权激励[32] - 如果高管在变更控制期内被解雇或主动辞职，公司将支付高管3年基本工资和3年绩效奖金[37][38] - 高管需要在60天内签署并生效的离职协议，才能获得相关补偿[40] 高管义务和限制 - 高管不得泄露公司商业机密和竞争公司[42] - 高管职位位于纽约，需要经常前往俄亥俄州[44][45] - 公司可以将任何应付给高管的遣散福利用于抵消高管欠公司的任何款项[49] - 如果高管违反保密、竞业限制、不诽谤和知识产权协议，将不再获得任何遣散福利[50] 协议条款 - 公司可以在不需要高管同意的情况下将本协议的权利和义务转让给其关联公司或进行重组、合并等[51] - 本协议旨在避免或遵守税法第409A条的规定,包括对支付时间和方式的限制[52,53,54,55,56,57] - 如果高管是"不合格人员",公司可以减少支付给高管的遣散福利金额,以避免触发税法第280G条的限制[58,59,60,61] - 双方同意通过仲裁解决因本协议产生的任何争议,但涉及保密、竞业限制等协议的争议除外[62,63,64,65] - 仲裁中不允许集体诉讼或代表诉讼,仲裁裁决仅限于针对个人的索赔[66,67,68] - 本协议的任何条款无效或不可执行,不会影响其他条款的有效性和可执行性[76] - 本协议可以签署一份或多份副本,所有副本共同构成同一份原件[77] - 本协议构成双方就本协议主题达成的完整协议,取代了之前的所有协议、谅解和安排[78] - 本协议不改变高管的随时雇佣性质,公司有权随时终止高管的雇佣关系[79] - 本协议中的标题和分节仅为方便而设,不应用于解释任何条款[80] - 公司向高管支付的款项是公司的无担保义务,高管无优先权或担保权益[81] - 公司有权从应付款项中扣除任何联邦、州和地方税款,以满足其任何适用法律或法规下的扣缴义务[82]

Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance REYNOLDSBURG, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Officer and Chief Financial and Administrative Officer Timothy (TJ) Johnson comment ...

Victoria's Secret & Co. (VSCO) is scheduled to report second-quarter 2024 results on Aug 28. In the last reported quarter, VSCO's earnings beat the Zacks Consensus Estimate by 9.1%. Q2 Estimates The Zacks Consensus Estimate for second-quarter earnings per share is pegged at 38 cents, indicating a gain of 58.3% from the year-ago reported figure. In the past 30 days, estimate revisions have witnessed upward movements of 123.5%. The consensus mark for revenues is pegged at $1.41 billion, implying a 1.4% decrea ...

Investors might want to bet on Victoria's Secret (VSCO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The upward trend in estimate revisions for this retailer of lingerie, pajamas and beauty products reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical resea ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Victoria's Secret (VSCO) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2 ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Victoria's Secret (VSCO) , which belongs to the Zacks Leisure and Recreation Products industry, could be a great candidate to consider. When looking at the last two reports, this retailer of lingerie, pajamas and beauty products has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 6.98%, on average, in the ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

Changes are afoot at the company, and at least a few analysts are impressed by them. A fresh change in leadership, unexpectedly strong preliminary results, and a set of bullish new analyst notes were the main factors pushing Victoria's Secret (VSCO 9.78%) stock higher in recent sessions. The share price gain was well in the double-digit percentages; according to data compiled by S&P Global Market Intelligence, the stock was up more than 23% as of Friday before market open. New leadership, new second-quarter ...

Global Research and Evidence Lab 14 August 2024 First Read Victoria's Secret & Co CEO Appointment as Positive Market Likely to see 2Q EPS Upside and What happened: VSCO pre-announced above-consensus 2Q EPS... VSCO pre-announced 2Q24 results and now anticipates $0.34-$0.39 EPS, above its prior $0.05-$0.20 outlook. We note the Street has been modeling $0.16 Q2 EPS. Within its new Q2 outlook, VSCO expects net sales to be down 1-2% vs. prior down 1-3% y/y. VSCO also raised its Q2 EBIT dollar guidance to $57-$62 ...