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GlobeNewswire·

Victoria's Secret & Co. Reports 2025 Fourth Quarter and Full Year Results

  • Victoria's Secret & Co. reported fourth quarter 2025 net sales of $2.270 billion, an 8% increase, exceeding guidance.
  • Full year 2025 net sales reached $6.553 billion, representing a 5% increase and surpassing prior guidance.
  • Comparable sales rose 8% in the fourth quarter and 5% for the full year 2025.
  • Adjusted operating income for the full year 2025 was $403 million, significantly exceeding the guidance range of $350 million to $375 million.
  • Adjusted net income per diluted share for the full year 2025 was $3.00, reflecting 22% growth year-over-year.
  • The company initiated first quarter 2026 guidance with net sales forecast between $1.490 billion and $1.525 billion.
  • Fiscal 2026 net sales are projected to range from $6.850 billion to $6.950 billion, with adjusted operating income expected between $430 million and $460 million.
  • A strategic review of the non-core asset DailyLook has been initiated to evaluate opportunities for long-term success.
  • The company continues to assess the Adore Me business to optimize its position within the broader portfolio.
  • Global store count reached 1,420 at the end of fiscal 2025, with net additions across company-operated, joint venture, and partner-operated locations.