Victoria's Secret & Co. posted Q4 2024 revenue of $2.11 billion, a 1% increase year-over-year. The company reported net income of $193 million and adjusted net income of $216 million. Adjusted EPS came in at $2.60, exceeding expectations. Operating income also rose slightly to $268 million. Strong sales performance across key segments and controlled cost management contributed to the positive results.
Revenue increased 1% to $2.11 billion in Q4 2024.
Net income reached $193 million, up from $181 million in Q4 2023.
Adjusted EPS was $2.60, exceeding expectations.
Operating income improved to $268 million from $258 million in the prior year.
Victoria's Secret anticipates macroeconomic challenges in early 2025 but expects gradual improvement in sales and profitability as the year progresses.
Visualization of income flow from segment revenue to net income