Post a Free Blog

Submit A Press Release

At CWEB, we are always looking to expand our network of strategic investors and partners. If you're interested in exploring investment opportunities or discussing potential partnerships and serious inquiries. Contact: jacque@cweb.com

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Filter by Categories
Action
Animation
Anime
ATP Tour (ATP)
Auto Racing
Baseball
Basketball
Boxing
Breaking News
Business
Business
Business Newsletter
Call of Duty (CALLOFDUTY)
Canadian Football League (CFL)
Car
Celebrity
Champions Tour (CHAMP)
Comedy
CONCACAF
Counter Strike Global Offensive (CSGO)
Crime
Dark Comedy
Defense of the Ancients (DOTA)
Documentary and Foreign
Drama
eSports
European Tour (EPGA)
Fashion
FIFA
FIFA Women’s World Cup (WWC)
FIFA World Cup (FIFA)
Fighting
Football
Formula 1 (F1)
Fortnite
Golf
Health
Hockey
Horror
IndyCar Series (INDY)
International Friendly (FRIENDLY)
Kids & Family
League of Legends (LOL)
LPGA
Madden
Major League Baseball (MLB)
Mixed Martial Arts (MMA)
MLS
Movie and Music
Movie Trailers
Music
Mystery
NASCAR Cup Series (NAS)
National Basketball Association (NBA)
National Football League (NFL)
National Hockey League (NHL)
National Women's Soccer (NWSL)
NBA Development League (NBAGL)
NBA2K
NCAA Baseball (NCAABBL)
NCAA Basketball (NCAAB)
NCAA Football (NCAAF)
NCAA Hockey (NCAAH)
Olympic Mens (OLYHKYM)
Other
Other Sports
Overwatch
PGA
Politics
Premier League (PREM)
Romance
Sci-Fi
Science
Soccer
Sports
Sports
Technology
Tennis
Thriller
Truck Series (TRUCK)
True Crime
Ultimate Fighting Championship (UFC)
US
Valorant
Western
Women’s National Basketball Association (WNBA)
Women’s NCAA Basketball (WNCAAB)
World
World Cup Qualifier (WORLDCUP)
WTA Tour (WTA)
Xfinity (XFT)
XFL
0
-- Advertisement --spot_img
HomeBusinessVictoria's Secret & Co. (VSCO) Faces Security Incident but Remains Optimistic About...

Victoria’s Secret & Co. (VSCO) Faces Security Incident but Remains Optimistic About Financial Performance

Add to Favorite
Added to Favorite


Goldman Sachs analyst Brooke Roach sets a price target of $15 for VSCO, indicating a potential decrease of about 26% from its current trading price.
Victoria’s Secret experiences a security breach affecting its IT systems, leading to a temporary shutdown of its website but expects to meet or exceed its financial guidance for Q1 2025.
The company’s stock price shows a slight decrease, trading around $20.24, with a market capitalization of approximately $1.62 billion.

Victoria’s Secret & Co. (NYSE:VSCO) is a well-known retailer specializing in lingerie, beauty products, and apparel. The company has a significant presence in the fashion industry, competing with brands like Aerie and ThirdLove. Recently, Brooke Roach from Goldman Sachs set a price target of $15 for VSCO, while the stock was trading at $20.27, indicating a potential decrease of about 26%.

Victoria’s Secret recently faced a security incident affecting its IT systems, leading to a temporary shutdown of its website for three days. Despite this setback, the company remains optimistic about its financial performance. It expects its net sales, adjusted operating income, and adjusted diluted earnings per share for the first quarter of 2025 to meet or exceed the high-end of its guidance ranges.

The security breach was detected on May 24, 2025, prompting Victoria’s Secret to implement response protocols and engage third-party experts. The e-commerce website was restored by May 29, 2025, and efforts continue to fully restore corporate systems. This incident highlights the importance of cybersecurity in maintaining business operations and customer trust.

Currently, VSCO’s stock price is $20.24, reflecting a slight decrease of 0.10% with a change of $0.021. The stock has fluctuated between $19.70 and $20.53 today. Over the past year, it reached a high of $48.73 and a low of $13.76. The company’s market capitalization is approximately $1.62 billion, with a trading volume of 1,792,331 shares on the NYSE.

Subscribe to get Latest News Updates

Latest News

You may like more
more

CWEB Business News: Guggenheim Boosts Disney (NYSE:DIS) Target

Guggenheim has increased its price target for The Walt...

CWEB Business News JPMorgan has reaffirmed its bearish outlook on Tesla Inc.

JPMorgan (JPM) has reaffirmed its bearish outlook on Tesla...