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Victoria's Secret on Tuesday disclosed that it detected a security incident relating to information technology systems, which led to the lingerie maker temporarily shutting down its website for roughly three days.
First quarter 2025 earnings release and call webcast postponed Company expects net sales, adjusted operating income, and adjusted diluted EPS for the first quarter to be near or exceed the high-end of previously issued guidance ranges REYNOLDSBURG, Ohio, June 03, 2025 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSCO) is providing an update on a recent security incident involving its information technology systems. On May 24, 2025, the Company detected a security incident involving its information technology systems.
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Victoria's Secret is staying hidden today as the company works to address a security incident impacting its U.S. website.
Victoria's Secret (VSCO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Clothing and lingerie retailer Victoria's Secret suspended most of the functionality of its website and some in-store services to “address a security incident,” according to a statement posted to the company's website on Wednesday.
Fashion retail giant Victoria's Secret said it is addressing a “security incident,” as its website and online orders face ongoing disruption.
The lingerie retailer said it was dealing with a “security incident."
Victoria's Secret & Co. Q1 results are expected to be unremarkable, with sales and EPS in line with management and analyst guidance. The main VSCO focus is the hostile takeover attempt by BBRC, countered by a poison pill defense to protect existing shareholders from losing control. BBRC's 13% stake and potential to reach 49.99% create uncertainty, with the board aiming to prevent a single investor's dominance.
Victoria's Secret & Co. (NYSE:VSCO) has adopted a limited-duration shareholder rights plan, commonly referred to as a “poison pill,” to prevent a potential hostile takeover attempt by Australian billionaire Brett Blundy's investment firm BBRC. BBRC has steadily increased its stake in Victoria's Secret to about 13% of its outstanding shares, including acquiring shares in violation of US antitrust laws by failing to file the required forms for three years.