---
schema_version: "secwatch.filing_event.v1"
accession: "0001856437-23-000009"
form_type: "8-K"
ticker: "VSCO"
cik: "0001856437"
company_name: "Victoria's Secret & Co."
filed_at: "2023-03-02T23:59:59+00:00"
generated_at: "2026-06-18T16:14:31.934553+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Victoria's Secret Q4 2022 adjusted EPS $2.47 beats guidance; net sales $2.02B

## Summary
- Q4 2022 net sales $2.021B, down 7% YoY; comparable sales down 6%.
- GAAP diluted EPS $2.10; adjusted diluted EPS $2.47, above guidance of $2.25-$2.35.
- Adjusted operating income $280M, above guidance of $265M-$275M.
- Inventory down double digits vs prior year; initial FY2023 and Q1 2023 guidance provided.
- CEO cites challenging environment but brand repositioning on track; loyalty program and Adore Me integration underway.

## SEC filing metadata
- accession: 0001856437-23-000009
- form_type: 8-K
- ticker: VSCO
- cik: 0001856437
- company_name: Victoria's Secret & Co.
- filed_at: 2023-03-02T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856437/000185643723000009/0001856437-23-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856437/000185643723000009/vsco-20230302.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856437-23-000009
- JSON: https://secwatch.observer/filing/0001856437-23-000009.json
- Plain text: https://secwatch.observer/filing/0001856437-23-000009.txt

## Key facts
- Earnings Releases
  Victoria's Secret & Co. reported fourth quarter of 2022 results: revenue $2.021 billion, net income $173 million, EPS $2.10 per diluted share. Guidance initiated.
  - Period: fourth quarter of 2022
  - Revenue: $2.021 billion
  - Net income: $173 million
  - EPS: $2.10 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: recent guidance range of adjusted net income of $2.25 to $2.35 per diluted share and adjusted operating income of $265 million to $275 million. The Company reported net sales of $2.021 billion for the fourth quarter of 2022, a decrease of 7% compared to net sales of $2.175 billion in the prior year fourth quarter. This result was in-line with our most recent guidance
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856437/000185643723000009/0001856437-23-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.