STOCKS | Victoria's Secret Raises Full-Year Sales Outlook Again

Victoria's Secret raised its full-year sales outlook again, saying it now expects annual sales of $7.1 billion to $7.18 billion. According to Sina Finance, the lingerie retailer had previously forecast sales of $7.03 billion to $7.13 billion. The company also said it expects third-quarter sales of $1.57 billion to $1.6 billion, compared with FactSet consensus estimates of $1.57 billion. Victoria's Secret reported second-quarter net income of $183 million, or $2.18 per share, versus $16.2 million, or $0.20 per share, a year earlier.