Victoria's Secret Analyst Flags Profit Pressure, Keeps Rating Amid Tariff And Cyber Headwinds
1. Telsey maintained 'Market Perform' rating with $24 target price for VSCO. 2. Victoria's Secret reported flat sales of $1.35 billion, meeting expectations. 3. Fiscal year 2025 income guidance lowered to $270-$320 million from $300-$350 million. 4. Second-quarter sales forecasted at $1.38-$1.41 billion, slightly below estimates. 5. Tariff impacts expected to cost $120 million, with a $50 million net hit.