Victoria’s Secret Just Dropped Their Q4 2024 Earnings

Victoria’s Secret wrapped up 2024 with some seriously solid numbers, posting an adjusted net income of $216 million—that’s $2.60 per share. Sales also got a boost, climbing 1.1% to $2.11 billion, with comparable sales up 5% after adjusting for last year’s extra week. It’s clear the brand is making money moves.

The Numbers That Matter

- Q4 Net Income: $193 million (up 6.6%)
- Adjusted Net Income: $216 million
- Sales: $2.11 billion (up 1.1%)
- Comparable Sales Growth: +5%
- Operating Income: $268 million (up 3.9%)

What’s Next?

Looking ahead, the brand forecasts 2025 sales between $6.2 billion and $6.3 billion, but an anticipated 10% tariff on Chinese imports could reduce operating income by $10–20 million. Although the earnings beat expectations, investor sentiment is cautious with shares dipping in after-hours trading. Victoria’s Secret has a track record of bouncing back, and all eyes are on how they will navigate these upcoming challenges.