Victoria's Secret Q4 sales rise 1%; 2025 profit guidance trails 2024 actual
Victoria's Secret & Co. reported fourth quarter 2024 net sales of $2.106 billion, up 1%, with comparable sales up 5%. GAAP net income was $193 million, or $2.33 per diluted share, versus $2.29 a year earlier, though the quarter had 13 weeks compared with 14 in the prior year. Its 2025 guidance projects adjusted operating income of $300 million to $350 million, below the $373 million reported for fiscal 2024, which makes the outlook mixed for shareholders.
Key points
- Q4 2024 net sales $2.106 billion, up 1%; comparable sales up 5%; the quarter had 13 weeks versus 14 a year earlier
- Q4 2024 GAAP EPS $2.33 vs $2.29; adjusted EPS $2.60 vs $2.58
- Fiscal 2025 guidance: net sales $6.2 billion to $6.3 billion and adjusted operating income $300 million to $350 million; fiscal 2024 adjusted operating income was $373 million
- First quarter 2025 guidance: net sales $1.30 billion to $1.33 billion vs $1.359 billion last year; adjusted operating income $10 million to $30 million
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.