Victoria Secret Stock Slumps After Sales Miss -- WSJ
Dow Jones2026/09/03 11:59By WSJ Staff
Victoria's Secret posted better-than-expected quarterly profit and lifted its outlook for the year, saying its turnaround plan is working.
But its results seemingly weren't appealing enough for investors. Though its sales rose 10%, its $1.61 billion top line fell slightly short of analyst estimates of $1.62 billion, sending the stock 18% lower in premarket trading.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 03, 2026 07:59 ET (11:59 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
'Much ado about nothing': CFTC files to dismiss CME's lawsuit over crypto perpetual futures
Rompetrol Rafinare expands Petromidia storage capacity by 20% in modernization drive
Apogee Therapeutics shares face Nasdaq suspension as company moves to delist after AbbVie merger
A ‘Too Big to Fail' Bank Is Now Delivering Actual Bitcoin and Ethereum to Institutions