earnings
confidence high
sentiment neutral
materiality 0.70
Victoria's Secret Q4 comps +5%, EPS $2.60 adj; guides Q1 sales down 2-4%
Victoria's Secret & Co.
2024-FY EPS reported
$2.05
revenue$6,230,000,000
- Q4 net sales $2.106B (+1% vs 14-wk year; comps +5%); adj. EPS $2.60 vs $2.58 a year ago.
- Full-year net sales $6.230B (+1%); adj. diluted EPS $2.69 vs $2.27 in fiscal 2023.
- Q1 2025 sales guidance $1.30B-$1.33B, below $1.359B prior year; adj. op income $10M-$30M.
- FY 2025 sales guidance $6.2B-$6.3B (excludes $26M gift-card breakage); adj. op income $300M-$350M.
- Gift-card accounting estimate change boosted Q4 net sales and op income by ~$26M.