secwatch.observer — SEC 8-K summary
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Issuer:     Victoria's Secret & Co. (VSCO)
CIK:        0001856437
Form:       8-K
Filed at:   2025-06-11T23:59:59+00:00
Accession:  0001856437-25-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VS&Co Q1 sales beat guidance; FY25 operating income guidance cut on tariffs
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- Q1 net sales $1.353B, flat YoY, above guidance of $1.30-1.33B; comparable sales -1%.
- Adjusted operating income $32M, above guidance of $10-30M; GAAP operating income $20M.
- Adjusted EPS $0.09 (near high-end of -$0.10 to $0.10 range); GAAP net loss $0.02 per share.
- Q2 guidance: net sales $1.380-1.410B; adjusted operating income $15-35M; adjusted EPS $0.00-0.15.
- Full-year adjusted operating income guided to $270-320M (prev. $300-350M) due to $50M tariff impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856437/000185643725000028/0001856437-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856437/000185643725000028/vsco-20250611.htm
  HTML page:      https://secwatch.observer/filing/0001856437-25-000028

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