Earnings Results: Victoria’s Secret shows lower sales in first earnings report after spin-off

Shares of Victoria’s Secret & Co. fell more than 8% late Wednesday after the retailer reported quarterly sales that fell short of expectations, even though it said it ran fewer sales, in its first earnings report as a standalone company.

Shares of Victoria’s Secret & Co. fell more than 8% late Wednesday after the retailer reported quarterly sales that fell short of expectations, even though it said it ran fewer sales, in its first earnings report as a standalone company.