Victoria's Secret Q2 2024 Tailwinds Do Not Imply Sustainable Improvements; Still A Hold
Victoria’s Secret & (VSCO) Seeking Alpha·2024-09-18 12:03
Victoria's Secret (NYSE: VSCO ) 2Q24 results came with a lot of surprises: a new CEO, improved guidance, and the first quarter with growth in operating income since 2021. Sales were down on an absolute and comparable basis, but the Long-only investment, evaluating companies from an operational, buy-and-hold perspective.Quipus Capital does not focus on market-driven dynamics and future price action. Instead, our articles focus on operational aspects, understanding the long-term earnings power of companies, t ...