Victoria's Secret raises Q4 2022 guidance; plans $125M accelerated share repurchase

Victoria's Secret & Co.

2022-FY EPS reported $4.14 revenue$6,344,000,000

Q4 2022 operating income guidance raised to $265-275M (13-14% of sales) from $245-265M.
Q4 diluted EPS now expected $2.25-2.35, up from prior $2.05-2.25.
Net sales decline improved to 7-8% vs. prior high-single digit decline; Q4 2021 sales $2.175B.
Plans $125M ASR with Goldman Sachs; initial delivery ~2.5M shares on Feb 3, 2023; final settlement Q2 2023.
Inventory expected down low double digits YoY after modal mix shifts; expense outcome at better end.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.