VS Q3 Sales Up 9.2%

Now on the company website: Victoria’s Secret Shine Patch Lightly Lined Wireless Bra; and PINK x LoveShackFancy Jogger Set.

Victoria’s Secret reported a loss of $37.348 million on 9.2% higher sales of $1.471519  billion in the third quarter, compared to the greater loss of $56.227 million on sales of $1.347424 billion in the same three months last year. Stores and direct comparable sales were up 8%. The stores only comps were up 5%.

CEO Hilary Super stated the sales growth and earnings improvement was “driven by strength across Victoria’s Secret, Pink and beauty, and supported by momentum across channels and geographies.” She added, “building on the third quarter’s outperformance as well as the solid start to our fourth quarter, we are raising our full year outlook and are well positioned for a successful holiday season and finish to our fiscal 2025.”

The financial release noted VS “is now forecasting net sales in the range of $6.450 billion to $6.480 billion, compared to prior guidance of $6.330 billion to $6.410 billion. At this forecasted level of net sales, adjusted operating income is expected to be in the range of $350 million to $375 million, compared to prior guidance of $270 million to $320 million. Adjusted net income per diluted share for the full year 2025 is estimated to be in the range of $2.40 to $2.65, compared to prior guidance of $1.80 to $2.20. This outlook includes an estimated net tariff impact of approximately $90 million for fiscal year 2025, compared to prior guidance of $100 million.”