NYSE$VSCO

Victoria's Secret & Co. · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Victoria's Secret reported Q4 fiscal 2024 net sales of $2.11B with net income of $193M and diluted EPS of $2.33.

Net sales were $2.106 billion for the 13-week quarter as comparable sales rose 5%. Net income attributable to Victoria's Secret was $193.4 million, or $2.33 per diluted share; adjusted EPS was $2.60.

  • Q4 net sales $2.11B; comps +5%.
  • Net income $193M; diluted EPS $2.33 (adj. $2.60).
  • Gift-card accounting change added ~$26M to Q4 sales.
  • FY25 sales outlook $6.2B–$6.3B; adj. operating income $300M–$350M.

Headline financials

Total Revenue

$2.11B

Previous: $2.08B+1.1%
EPS (adj)

$2.33

Previous: $2.58-9.7%
Comparable Store Sales

3.0%

No prior period
Total comparable sales

5.0%

No prior period
Net Income

$193M

Previous: $173M+11.8%
Operating Income

$268M

Previous: $244M+9.7%
Gross Profit

$813M

Previous: $744M+9.3%

Revenue & EPS history

Victoria's Secret · Revenue · Quarterly

$2.11B

Q4 2024+1.1%vs Q4 2023
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Victoria's Secret · $1.56B total across 3 segments · Q1 2026

  • Stores - North America
    $803M+11.3%
  • Direct
    $469M+8.4%
  • International
    $287M+44.4%

Forward guidance

Retail outlook focuses on traffic, promotions, and inventory.

Tailwinds

  • Brand and omni-channel initiatives.
  • Cost and working-capital discipline.

Headwinds

  • Consumer spending softness.
  • Competitive promotional pressure.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+1.1%

Avg return

Earnings day

-3.0%

Avg return

5 days after

-9.7%

Avg return

30 days after

39%

9 / 23 earnings

Positive

+46.8%

Q1 2026

Best reaction

-32.4%

Q4 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+46.8%+36.9%
Q4 2025-12.8%-20.5%-23.3%
Q3 2025+17.0%+25.1%+28.4%
Q2 2025-0.5%-1.7%+15.2%
Q1 2025+4.4%+4.7%-4.2%
Q1 2027-5.5%-16.1%-13.8%
Q4 2024-8.2%-26.8%-23.7%
Q3 2024+9.4%+6.2%-4.6%
Q2 2024-3.1%-5.1%+5.3%
Q1 2024-5.4%-18.0%-22.6%
Q4 2023-32.4%-28.6%-30.7%
Q3 2023+20.7%+21.7%+18.9%
Q2 2023+7.3%+10.8%-6.7%
Q1 2023-12.8%-13.3%-18.5%
Q4 2022-7.2%-10.0%-11.4%
Q3 2022-5.2%-4.6%-21.3%
Q2 2022-1.9%-7.4%-21.7%
Q1 2022+5.2%-2.7%-34.5%
Q1 2021-2.1%-4.2%-5.5%
Q4 2021+8.6%-16.9%-1.5%
Q3 2021+12.2%+14.1%-4.1%
Q4 2020-5.0%-4.2%-18.2%
Q2 2021-3.7%-8.0%-13.9%
Q2 2020
Q1 2020

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