08:47 AM EDT, 06/03/2025 (MT Newswires) -- (Updates with security incident details, share movement starting in the fifth paragraph.)
Victoria's Secret (VSCO) reported preliminary fiscal Q1 adjusted net income Tuesday of $0.09 per diluted share.
Analysts polled by FactSet expected $0.04.
Preliminary sales for the fiscal quarter ended May 3 were $1.35 billion.
Analysts surveyed by FactSet expected $1.33 billion.
The company also said it restored its e-commerce website on May 29 after temporarily shutting it down three days earlier following a security incident concerning its IT systems.
Victoria's Secret said it is continuing work on restoring full access to its corporate systems and that most functions of Victoria's Secret and Pink stores have been restored.
The company said its Q1 financial results weren't impacted by the security incident but warned that it has sustained expenses and other financial impacts, which could continue and negatively impact its future results, including Q2.
Victoria's Secret also said it is postponing its Q1 earnings release and earnings call.
Shares of the lingerie retailer were 0.9% lower in recent premarket activity.