Victoria's Secret

VSCO

Market cap $2.44B

The Investment Committee give you their top stocks to watch for the second half.

The market does not think much of women's apparel company Victoria's Secret (NYSE: VSCO).

Her predecessor dialed back the lingerie brand's ultrasexy image. Now Hillary Super wants to embrace it again.

Victoria's Secret & Co. (NYSE:VSCO ) Goldman Sachs 32nd Annual Global Retailing Conference 2025 September 4, 2025 1:10 PM EDT Company Participants Hillary Super - CEO & Director Scott Sekella - Chief Financial and Operating Officer Conference Call Participants Brooke Roach - Goldman Sachs Group, Inc., Research Division Presentation Brooke Roach Research Analyst Good afternoon, and welcome to another session of our 32nd Annual Global Retailing Conference. My name is Brooke Roach, and I cover the apparel brands and softline sector here at GS.

Victoria's Secret & Co. shows weak U.S. performance and muted overall growth, with international markets providing the only bright spot in recent results. Margins are under pressure from tariffs and higher costs, and the company expects lower profitability and free cash flow for the rest of FY25. Valuation is now more reasonable after a significant stock decline, but ongoing execution concerns and a lack of insider buying keep me cautious.

Victoria's Secret & Co. VSCO reported upbeat second-quarter results on Thursday.

REYNOLDSBURG, Ohio, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) announced today that Hillary Super, Chief Executive Officer, and Scott Sekella, Chief Financial and Operating Officer, will participate in a fireside chat at the Goldman Sachs 32nd Annual Global Retailing conference on Thursday, September 4, 2025, at 1:10 p.m. ET.

Victoria's Secret & Co. (NYSE:VSCO ) Q2 2025 Earnings Conference Call August 28, 2025 8:30 AM ET Company Participants Hillary Super - CEO & Director Kevin Wynk - Head of Investor Relations Scott Sekella - Chief Financial Officer Conference Call Participants Dana Lauren Telsey - Telsey Advisory Group LLC Evan Dorschner - Goldman Sachs Group, Inc., Research Division Janet Joseph Kloppenburg - JJK Research Associates, Inc. Juliana Duque - Wells Fargo Securities, LLC, Research Division Lauren B. Levine - Morgan Stanley, Research Division Marni Shapiro - Unidentified Company The Retail Tracker - Unidentified Company Mauricio Serna Vega - UBS Investment Bank, Research Division Michael Vu - Barclays Bank PLC, Research Division Operator Good morning.

Shares of Victoria's Secret (VSCO -1.23%) rallied on Thursday, up as much as 11.8% before retreating to a 4.8% gain as of 10:26 a.m. ET.

While the top- and bottom-line numbers for Victoria's Secret (VSCO) give a sense of how the business performed in the quarter ended July 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.