REYNOLDSBURG, Ohio (AP) — REYNOLDSBURG, Ohio (AP) — Victoria’s Secret & Co. (VSCO) on Thursday reported fiscal fourth-quarter net income of $183.6 million.
On a per-share basis, the Reynoldsburg, Ohio-based company said it had net income of $2.14. Earnings, adjusted for one-time gains and costs, were $2.77 per share.
The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.48 per share.
The retailer of lingerie, pajamas and beauty products posted revenue of $2.27 billion in the period.
For the year, the company reported profit of $160.9 million, or $1.93 per share. Revenue was reported as $6.55 billion.
For the current quarter ending in April, Victoria’s Secret said it expects revenue in the range of $1.49 billion to $1.53 billion.
The company expects full-year revenue in the range of $6.85 billion to $6.95 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VSCO at https://www.zacks.com/ap/VSCO
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