Victoria's Secret: Can The New CEO Deliver?
VSCOVictoria’s Secret & (VSCO) Seeking Alpha·2024-09-10 13:42

Robert Way Investment Action I recommended a hold rating for Victoria's Secret (NYSE:VSCO) when I wrote about it in November last year, as I was disappointed by management's failure to deliver against its guidance and that SSSG remained weak. Based on my current outlook and analysis, I recommend a hold rating. I am positive about the new CEO given her strong set of expertise and relevant experience in this industry. However, I think it is not the right time to invest today given the negative macro outlook, ...