---
schema_version: "secwatch.filing_event.v1"
accession: "0001856437-26-000002"
form_type: "8-K"
ticker: "VSCO"
cik: "0001856437"
company_name: "Victoria's Secret & Co."
filed_at: "2026-03-05T23:59:59+00:00"
generated_at: "2026-05-15T19:52:47.460247+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Victoria's Secret Q4 beats: adj EPS $2.77 vs guide $2.20-2.45; net sales +8% to $2.27B

## Summary
- Q4 adjusted EPS $2.77, above guidance $2.20-$2.45; net sales $2.27B (+8% YoY) above $2.17-$2.20B guide.
- Full year 2025 adjusted EPS $3.00 (+22% YoY ex gift card adj); adj operating income $403M vs guide $350-$375M.
- Initiates FY2026 net sales guidance $6.85-$6.95B (vs $6.553B) and operating income $430-$460M.
- Initiates strategic review of DailyLook non-core asset; also evaluating Adore Me within portfolio.

## SEC filing metadata
- accession: 0001856437-26-000002
- form_type: 8-K
- ticker: VSCO
- cik: 0001856437
- company_name: Victoria's Secret & Co.
- filed_at: 2026-03-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1856437/000185643726000002/0001856437-26-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1856437/000185643726000002/vsco-20260305.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001856437-26-000002
- JSON: https://secwatch.observer/filing/0001856437-26-000002.json
- Plain text: https://secwatch.observer/filing/0001856437-26-000002.txt

## Key facts
- Earnings Releases
  Victoria's Secret & Co. reported full fiscal year ended January 31, 2026 results: revenue $6.553 billion, net income $161 million, or $1.93 per diluted share, EPS $1.93 per diluted share.
  - Period: full fiscal year ended January 31, 2026
  - Revenue: $6.553 billion
  - Net income: $161 million, or $1.93 per diluted share
  - EPS: $1.93 per diluted share
  - Result: reported results
  source text: The Company reported net sales of $6.553 billion for fiscal year 2025, an increase of 5% compared to net sales of $6.230 billion for fiscal year 2024 and above our previously communicated guidance range of $6.450 billion to $6.480 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856437/000185643726000002/0001856437-26-000002-index.htm
- Earnings Releases
  Victoria's Secret & Co. updated its fiscal year 2026 guidance (initiated).
  - Period: fiscal year 2026
  - Guidance: initiated
  - Result: guidance update
  source text: The Company is forecasting fiscal year 2026 net sales to be in the range of $6.850 billion to $6.950 billion compared to net sales of $6.553 billion in fiscal year 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856437/000185643726000002/0001856437-26-000002-index.htm
- Earnings Releases
  Victoria's Secret & Co. updated its first quarter of 2026 guidance (initiated).
  - Period: first quarter of 2026
  - Guidance: initiated
  - Result: guidance update
  source text: The Company is forecasting net sales for the first quarter of 2026 to be in the range of $1.490 billion to $1.525 billion compared to net sales of $1.353 billion for the first quarter of 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856437/000185643726000002/0001856437-26-000002-index.htm
- Earnings Releases
  Victoria's Secret & Co. reported the fourth quarter and fiscal year ended January 31, 2026 results: revenue $2.270 billion, net income $184 million, or $2.14 per diluted share, EPS $2.14 per diluted share.
  - Period: the fourth quarter and fiscal year ended January 31, 2026
  - Revenue: $2.270 billion
  - Net income: $184 million, or $2.14 per diluted share
  - EPS: $2.14 per diluted share
  - Result: reported results
  source text: The Company reported net sales of $2.270 billion for the fourth quarter of 2025, an increase of 8% compared to net sales of $2.106 billion for the fourth quarter of 2024 and above our previously communicated guidance range of $2.170 billion to $2.200 billion.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1856437/000185643726000002/0001856437-26-000002-index.htm

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