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HomeBusinessVictoria's Secret & Co. Faces Challenges Amid Security Breach

Victoria’s Secret & Co. Faces Challenges Amid Security Breach

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Goldman Sachs maintains a “Sell” rating for NYSE:VSCO despite surpassing first-quarter sales expectations.
A security breach in May led to a temporary shutdown of corporate systems and the US eCommerce website, delaying the release of Q1 earnings.
Victoria’s Secret reported preliminary first-quarter sales of $1.35 billion and earnings per share of $0.09, showcasing resilience amidst IT disruptions.

Victoria’s Secret & Co. (NYSE:VSCO) is a well-known retailer specializing in women’s lingerie, apparel, and beauty products. The company operates under the Victoria’s Secret and PINK brands, with a significant presence in both physical stores and online platforms. Despite its strong brand recognition, Victoria’s Secret faces competition from other retailers like Aerie and ThirdLove.

On June 4, 2025, Goldman Sachs reiterated its “Sell” rating for VSCO, maintaining a “hold” action. At the time, the stock price was $20.27. This rating comes amid recent challenges for the company, including a security breach that delayed the release of its first-quarter earnings. The breach, identified on May 24, led to a temporary shutdown of corporate systems and the US eCommerce website.

Despite the breach, Victoria’s Secret reported preliminary first-quarter sales of $1.35 billion, surpassing its guidance of $1.3 billion to $1.33 billion. The company also achieved earnings per share of $0.09, which is at the high end of its guidance range. This performance exceeded Wall Street estimates, showcasing resilience in its operations despite the IT disruptions.

The security incident caused disruptions in some in-store services at Victoria’s Secret and PINK stores, though most services have since been restored. The restoration process has hindered employees’ access to certain systems, delaying the earnings release. However, the company confirmed that its Q1 financial results were not affected by the breach.

Currently, VSCO’s stock is priced at $20.27, reflecting a decrease of 2.69% or $0.56. The stock has fluctuated between a low of $20.03 and a high of $21.52 today. Over the past year, it has reached a high of $48.73 and a low of $13.76. The company’s market capitalization is approximately $1.62 billion, with a trading volume of 5.32 million shares on the NYSE.

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