Victoria’s Secret Stock Sinks as Sales-Growth Outlook Disappoints | Global News Avenue

Victoria’s Secret shares fell Thursday, extending a tough drop for underwear retailers.

The company reported late yesterday that sales grew to $2.1 billion, according to consensus among analysts tracked by Visible Alpha, with fourth-quarter financial results exceeding $2.1 billion. Victoria’s SecretVSCO) CEO Hillary Super said holiday quarter sales were Victoria’s Secret, Pink and the company’s beauty business.

However, investors may want to get stronger revenue guidance. The company predicts net sales in 2025 will be between $6.2 billion and $6.3 billion, up 0.3% year-on-year, compared with 0.9% in 2024. Visible Alpha’s current consensus estimate for the current year is $6.24 billion, roughly in line with guidance.

“As the new year begins, we recognize that the macro environment is uncertain and consumer confidence has changed,” the company said in a press release. “Our forecast assumes that our environment will gradually get better over the course of our year and that we execute strategies aimed at growing sales in North America and international businesses.”

Victoria’s Secret stock fell more than eight on Thursday, exceeding $20 each. They fell about 20% this year, well below their December highs near $49.

Net income rose for the full year in the fourth quarter, falling from $181 million to $193 million.