Highlights

  • Quarterly loss narrows as revenue rises against prior-year figures.
  • Hedge fund activity shows shifts in institutional positions during Q2.
  • Analysts maintain mixed views with ratings across Buy, Hold, and Sell.

Victoria’s Secret & Co. (NYSE:VSCO) released its earnings results on Friday. The company reported EPS of (USD 0.27) for the quarter, which was above the consensus estimate of (USD 0.60). Revenue for the period came in at USD 1.47 billion, compared with analysts’ expectations of USD 1.41 billion. Return on equity stood at 33.77%, while net margin measured 2.42%. Revenue increased 9.2% from the same quarter last year. During the prior-year period, EPS was (USD 0.50).

Victoria’s Secret also updated guidance. The company now expects FY 2025 EPS of 2.400–2.650 and Q4 2025 EPS of 2.200–2.45.

Institutional Activity

Recent filings show several hedge funds adjusting their holdings in VSCO during the second quarter.
Key changes include:

  • Holocene Advisors LP increased its stake by 130.2%, now holding 51,102 shares.
  • Bank of America Corp DE grew its position by 44.2%, reaching 1,415,200 shares.
  • California State Teachers Retirement System raised holdings slightly by 0.7%, now holding 65,191 shares.
  • Sei Investments Co. expanded its position by 20.1%, reaching 175,079 shares.
  • Cerity Partners LLC lifted its stake by 3.9%, now holding 23,557 shares.

Institutional ownership stands at 90.29%, according to recent disclosures.

Analyst Ratings and Commentary

Several research firms updated their views following the earnings release.
Recent reports note:

  • Goldman Sachs upgraded the stock from sell to neutral and raised its target from USD 18.00 to USD 32.00.
  • Wells Fargo increased its target from USD 14.00 to USD 17.00, maintaining an underweight rating.
  • Weiss Ratings reiterated a hold (c) rating.
  • Bank of America lifted its price objective from USD 18.00 to USD 21.00, assigning an underperform rating.
  • Barclays reiterated an overweight rating with a USD 47.00 target.

Shares of VSCO last traded at USD 49.05, up around 18% on December 05, 2025.