Victoria's Secret: Weak Fundamentals Is Why We Are Sellers Of The Stock
Victoria’s Secret & (VSCO) Seeking Alpha·2024-06-12 21:43
Tara Moore/DigitalVision via Getty Images Victoria's Secret & Co. (NYSE:VSCO) operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide. We have started coverage on the firm in September 2023, with an initial bearish rating, stating that the firm’s stock may just be a value trap. We have reiterated this “sell” rating in March 2024, due to the deteriorating financial performance and the uncertain macroeconomic environment. Over the period of our coverage, the f ...