Victoria`s Secret & Co.
- Victoria's Secret & Co. dropped 3.2% to $21.50 despite the lingerie retailer reporting a comparable sales increase of 5% in the fiscal fourth quarter of 2024.
Revenue in the quarter jumped to $2.11 billion from $2.08 billion, net income increased to $193 million from $181 million, and earnings per diluted share rose to $2.33 from $2.29 a year ago.
The company guided for the first quarter of 2025 net sales between $1.30 billion and $1.33 billion, compared to $1.36 billion a year ago, and adjusted operating income between $10 million and $30 million, compared to $39.61 million in the same quarter in 2024.
For the full year, Victoria’s Secret estimated net sales between $6.2 billion and $6.3 billion, compared to $6.20 billion a year ago, and adjusted operating income between $300 million and $350 million, compared to $373.14 million year-to-date in 2024.
Mar 7, 2025 - Victoria's Secret & Company declined 4.9% to $17.06 after the lingerie retailer reported disappointing second quarter results.
The specialty retailer reported revenue declined 6% to $1.43 billion from $1.52 billion and comparable store sales decline accelerated to 14% from 7% a year ago.
Net income attributable to shareholders swung to a loss of ($1.4 million) from a profit of $69.9 million and diluted earnings per share plunged to (2 cents) from 83 cents year ago.
The company is forecasting third quarter net sales to decline in low- to mid-single digit from the last year's sales of $1.32 billion and adjusted operating loss in the range of $45 million and $75 million and adjusted net loss per share in the range of 70 cents to $1.0.
The company added full-year 2023 net sales to decrease in the "low-single digit range" compared to last year and estimated adjusted operating income in the range of 5% to 6% of net sales.
Aug 31, 2023 - Victoria's Secret & Co said revenue in the fourth quarter decreased 7% to $2.02 billion from $2.2 billion and net income declined to $173 million from $246 million and diluted earnings per share fell to $2.10 from $2.70 a share.
The company said net sales in the full-year 2022 declined 6% to $6.3 billion from $6.8 billion and net income fell to $348 million from $646 million and diluted earnings per share fell to $4.14 from $7.18 a year ago.
The company repurchased 0.9 million shares for $36 million and completed its $250 million stock repurchase program and announced a new plan of $250 million through the end of fiscal year 2023.
The retailer is forecasting first quarter 2023 net sales to decrease in the "mid-single digit range" compared to last year’s first quarter net sales of $1.484 billion and adjusted net income for the first quarter of 2023 is estimated to be in the range of $0.30 to $0.60 per diluted share.
Mar 2, 2023 - Victoria's Secret said Q3 sales fell 8.5% to $1.32 billion and earnings plunged to $24.4 million from $75.2 million or 29 cents from 81 cents a year ago.
Nov 30, 2022
| Year | Q1 | Q2 | Q3 | Q4 | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 2.09 | 0.01 | -0.02 | -0.92 | - | |
| 2022 | 2.69 | 0.93 | 0.83 | 0.29 | 4.14 | |
| 2021 | - | 1.97 | 1.71 | 0.81 | 7.18 | |
| 2020 | - | - | - | - | -0.82 | |
| 2019 | - | - | - | - | -10.16 |