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Victoria's Secret falls after quarterly sales outlook comes in below expectations

ReutersMar 6, 2025 11:29 AM

Lingerie maker Victoria's Secret's VSCO.N shares down 2.7% at $21.59 premarket

Co expects Q1 net sales of $1.30 billion to $1.33 billion, compared to expectations of $1.39 billion

Co says it factored in unseasonal weather across much of the U.S. that had created an additional challenge at the start of the year

"As we look forward to 2025 and the future, we recognize there are near-term headwinds and ongoing uncertainty in the macro environment which we will manage aggressively," - CEO Hillary Super

Company expects annual sales to be in the range of $6.2 billion to $6.3 billion, compared with analysts expectations of $6.21 billion

VSCO stock has fallen about 46.3% YTD as of last close

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