Victoria's Secret Shares Soar After Strategic Shift

Victoria's Secret shares surged by 35% following a strategic shift away from its previous 'woke' ideology, with strong bra sales contributing to the company's turnaround.

2 Jun, 15:40 — 2 Jun, 15:40

Post Share

Sources

Showing 1 of 2 sources

zerohedgeLow67d ago

Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology

Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology Shares of Victoria's Secret surged a mind-boggling 40% in the U.S. morning cash session after the bras-and-lingerie retailer delivered a stronger-than-expected first quarter, boosted its outlook, and showed signs of a turnaround plan in motion. Net sales rose 15% to $1.56 billion in the first quarter, beating guidance, while comparable sales increased 13%, signaling that CEO Hillary Super's turnar...

By Tyler Durden

Read full article →

Coverage Timeline

First report: Yahoo · 2 Jun, 12:43|Full coverage: 2 · 3h|Window: 3h

Left-leaningCenterRight-leaning

Yahoo2 Jun, 12:43First to report

Bra Sales Power Victoria’s Secret Turnaround and Shares Soar 35%

3h later

zerohedge2 Jun, 15:40Latest update

PERSPECTA

PERSPECTA

Victoria's Secret Shares Soar After Strategic Shift

Sources

Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology

Coverage Timeline

Bra Sales Power Victoria’s Secret Turnaround and Shares Soar 35%

Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology

Related Stories

MTN Nigeria Confirms 25GB Data Reward, Warns Against Fake Links

Erdinger Owner Werner Brombach Dies

West Bengal to Audit Industrial Parks, Submit BHAVYA Proposals

Climate Change Threatens Nigerian Coastal Fishermen's Livelihoods

PERSPECTA