Victoria’s Secret reported a 9% increase in net sales to $1.47bn for Q3 FY25, surpassing guidance. CEO Hillary Super credits the performance to strong results across all segments and regions. Gross profit rose to $536.14m, with an operating loss of $19m and net loss narrowing to $37.35m. Adjusted gross margin improved by 170 basis points due to lower promotions and higher regular-priced sales. Full-year 2025 net sales are now forecasted between $6.45bn and $6.48bn, with adjusted operating income expected between $350m and $375m. Q4 2025 net sales are projected between $2.17bn and $2.20bn. CFO Scott Sekella emphasizes cost management and investments for growth.

Read more at Yahoo Finance: Victoria’s Secret hikes FY25 guidance after Q3 surpasses target