From Yahoo Finance: 2025-06-11 11:30:00

Victoria’s Secret revised its full-year operating income forecast downwards due to increased costs from new tariffs. The company anticipates an additional $50 million in expenses. Despite reporting better-than-expected revenue in the first quarter, shares fell as the cyberattack-delayed financial report revealed the impact of tariffs, resulting in lowered adjusted operating income expectations. CFO Scott Sekella emphasized cost control and agility in the uncertain economic environment. Shares have dropped nearly 3% and almost 50% in value this year.



Read more at Yahoo Finance: Victoria’s Secret Cuts Outlook on Expected Tariff Impact