Victoria’s Secret’s stock rallies on more upbeat third-quarter forecast, but retailer says its products don’t stand out enough

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Shares of Victoria’s Secret & Co. rose after hours on Wednesday after the maker of bras, lingerie and sleepwear said it could lose less than previously thought during the third quarter, as plans to boost growth help it navigate weaker demand for intimate wear.

Shares of Victoria’s Secret VSCO were up 3.2% after hours.

The company said it…

Source
Las Vegas News Magazine

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