You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 2 hours ago • loading... • Updated 2 hours ago
Victoria Secret shares spike 40% after big earnings beat, raised sales outlook
The retailer lifted full-year sales and profit forecasts after first-quarter revenue beat estimates and comparable sales rose 13%, according to StreetAccount.
Summary
Shoppers may be feeling gloomy about high prices at the pump, but they’re still shelling out for new bras and underwear at Victoria’s Secret.