Victoria's Secret & Co. raises 2025 outlook as Q3 sales rise 9% to $1.472 billion
Victoria's Secret & Co. reported third-quarter 2025 net sales of $1.472 billion, up 9% from a year earlier and above its previous guidance range of $1.390 billion to $1.420 billion, and raised its full-year 2025 outlook. The company still reported a GAAP net loss of $37 million, or $0.46 per diluted share, for the quarter, though this was smaller than the $56 million loss, or $0.71 per share, a year earlier. The higher full-year forecast for net sales and adjusted earnings per share is a positive sign for shareholders, but reported GAAP results for the quarter remained negative.
- Third-quarter net sales of $1.472 billion rose 9%, with comparable sales up 8%.
- Adjusted net loss was $22 million, or $0.27 per diluted share, better than the guidance range of $0.55 to $0.75 per share loss.
- Full-year 2025 net sales guidance raised to $6.450 billion to $6.480 billion from $6.330 billion to $6.410 billion.
- Full-year 2025 adjusted earnings per diluted share guidance raised to $2.40 to $2.65 from $1.80 to $2.20.