Victoria's Secret & Co. reaffirmed the sales guidance for the Second Quarter and Fiscal Year 2024. For the quarter, the Company is forecasting second quarter 2024 net sales to decrease in the low-single digit range compared to last year?s second quarter net sales of $1.427 billion.

For the year, the company expects net sales to be in the range of 4% to 6%. The Company is reaffirming its full year outlook and is forecasting 52-week fiscal year 2024 net sales to be about $6.0 billion, or down low-single digits compared to a comparative 52-weeks from fiscal year 2023.