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Wednesday, December 29, 2021
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Financial adviser REYNOLDSBURG, Ohio, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Victorias Secret & Co. (Victorias Secret or the Company) (NYSE: VSCO) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC (Goldman Sachs) to repurchase $250 million of the Companys common stock.
Key Points:
- REYNOLDSBURG, Ohio, Dec. 29, 2021 (GLOBE NEWSWIRE) -- Victorias Secret & Co. (Victorias Secret or the Company) (NYSE: VSCO) today announced that it has entered into an accelerated share repurchase agreement (ASR) with Goldman Sachs & Co. LLC (Goldman Sachs) to repurchase $250 million of the Companys common stock.
- With the unanimous support of our Board of Directors, we are announcing our first-ever share repurchase.
- We believe this share repurchase reflects our confidence in the Company and is another step on our journey to create long-term, sustainable value for our shareholders.
- More information on potential factors that could affect Victorias Secret results is included in Victorias Secret Registration Statement on Form 10 and the second and third quarters of 2021 quarterly reports on Form 10-Q filed with the Securities and Exchange Commission.
Retrieved on:
Wednesday, November 17, 2021
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Financial adviser With nearly 1,400 retail stores worldwide and a predominately female workforce of more than 25,000, Victorias Secret boasts the largest team of specialty trained bra fit experts worldwide.
Key Points:
- With nearly 1,400 retail stores worldwide and a predominately female workforce of more than 25,000, Victorias Secret boasts the largest team of specialty trained bra fit experts worldwide.
- Victorias Secret is committed to inspiring women around the world with products and experiences that uplift and champion them and their journey while creating lifelong relationships and advocating for positive change.
- Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements.
- More information on potential factors that could affect Victorias Secret results is included in Victorias Secret Registration Statement on Form 10 filed with the Securities and Exchange Commission.
Retrieved on:
Wednesday, August 18, 2021
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Financial adviser REYNOLDSBURG, Ohio, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Victorias Secret & Co. (NYSE: VSCO) today reported financial results for the second quarter ended July 31, 2021.
Key Points:
- REYNOLDSBURG, Ohio, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Victorias Secret & Co. (NYSE: VSCO) today reported financial results for the second quarter ended July 31, 2021.
- The Company reported net sales of $1.614 billion for the second quarter compared to net sales of $1.066 billion for last years second quarter.
- Second quarter 2021 sales decreased 10 percent compared to sales of $1.785 billion in the second quarter of 2019 and reflect the net closure of 240 company-operated stores since the second quarter of 2019.
- Total comparable sales for the second quarter of 2021 increased 5 percent compared to the second quarter of 2019.
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Financial adviser With nearly 1,400 retail stores worldwide and a predominately female workforce of more than 25,000, Victorias Secret boasts the largest team of specialty trained bra fit experts worldwide.
Key Points:
- With nearly 1,400 retail stores worldwide and a predominately female workforce of more than 25,000, Victorias Secret boasts the largest team of specialty trained bra fit experts worldwide.
- Victorias Secret is committed to inspiring women around the world with products and experiences that uplift and champion them and their journey while creating lifelong relationships and advocating for positive change.
- Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements.
- More information on potential factors that could affect Victorias Secret results is included in Victorias Secret Registration Statement on Form 10 filed with the Securities and Exchange Commission.
Victorias Secret includes Victorias Secret Lingerie, PINK and Victorias Secret Beauty.
Key Points:
- Victorias Secret includes Victorias Secret Lingerie, PINK and Victorias Secret Beauty.
- Victorias Secret shares will begin trading today on the New York Stock Exchange under the ticker symbol VSCO.
- Bath & Body Works stockholders entitled to receive the distribution received a book-entry account statement or a credit to their brokerage account reflecting their ownership of Victorias Secret common stock.
- More information on potential factors that could affect Victorias Secret results is included in Victorias Secret Registration Statement on Form 10 filed with the Securities and Exchange Commission.
