secwatch.observer — SEC 8-K summary
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Issuer:     Victoria's Secret & Co. (VSCO)
CIK:        0001856437
Form:       8-K
Filed at:   2022-08-24T23:59:59+00:00
Accession:  0001856437-22-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Victoria's Secret Q2 EPS $0.83 ($1.09 adj.); net sales down 6% to $1.521B; Q3 guidance weak
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- Q2 net income $70M ($0.83 diluted EPS); adjusted diluted EPS $1.09 near midpoint of guidance.
- Net sales $1.521B, down 6% YoY; comparable sales decreased 8%.
- Q3 guidance: net sales down high single digits; operating income $10-40M; EPS $0.00-0.25.
- Full-year 2022: net sales down mid-to-high single digits; adjusted operating income $525-575M.
- Repurchased $62M of shares in Q2 ($171M YTD) under $250M authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856437/000185643722000023/0001856437-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856437/000185643722000023/vsco-20220824.htm
  HTML page:      https://secwatch.observer/filing/0001856437-22-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer