Victoria's Secret Turnaround In Progress But Challenges Remain: Analyst Lowers Forecast

1. VSCO shares dropped after FY25 sales guidance missed estimates. 2. Revenue rose 1% YoY to $2.11 billion, outperforming consensus. 3. Analysts revised price forecasts down significantly, anticipating tougher comparisons. 4. Management sees potential for multi-year growth despite early turnaround signs. 5. Market response reflects cautious outlook on earnings estimates and sales growth.