Cybersecurity incident delays Victoria's Secret quarterly results, potential negative financial impact

From Yahoo Finance: 2025-06-03 16:35:00

Victoria’s Secret announced a delay in releasing quarterly financial results due to a cybersecurity incident. The incident, detected on May 24, caused the shutdown of e-commerce and corporate systems. While it won’t impact results for the quarter ended May 3, the company warned of potential negative financial impacts for the second quarter of fiscal 2025.

Despite the incident, Victoria’s Secret reported preliminary first-quarter results that generally aligned with previous guidance. The stock fell nearly 3% on Tuesday, contributing to year-to-date losses of around 51%. The company had previously projected modest sales growth for the full year, which may now be impacted by the security breach.



Read more at Yahoo Finance: Victoria’s Secret Stock Slides as Cybersecurity Incident Delays Results