Victoria’s Secret sees strong ‘bras and Pink’ sales, but not enough to satisfy investors

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Victoria’s Secret reported fiscal second-quarter results with sales near the high end of its forecasted range, but below Wall Street expectations. The stock plunged at the open on Thursday, posting its worst day in over a year. In the first quarter, the VSXY shares had surged 47.4%, marking their best single-day performance. UBS analyst Mauricio Serna had recently highlighted the robust sales momentum maintained by the company.

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