Victoria’s Secret & Co. Invites You to Listen to the Second Quarter 2023 Earnings Call Webcast
August 10 2023 - 7:00AM
In conjunction with the Victoria’s Secret & Co. (NYSE:VSCO)
second quarter 2023 earnings release, which will cross the wire
after market close on Wednesday, August 30th, you are invited to
listen to a live webcast of the conference call on Thursday, August
31st at 8:00 a.m. ET with Victoria’s Secret & Co. executives.
What: |
Victoria’s Secret & Co. Second Quarter 2023 Earnings Conference
Call Webcast |
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When: |
8:00 a.m. ET on Thursday, August 31st, 2023 |
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Where: |
https://www.victoriassecretandco.com/investors/financial-information/events-and-presentations |
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How: |
Log on to victoriassecretandco.com or call: |
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Domestic Dial-In Number: 800.619.9066 (Conference ID
5358727)Domestic Replay Number: 800.839.1151 (Conference ID
5358727)International Dial-In Number: 212.519.0836 (Conference ID
5358727)International Replay Number: 203.369.3392 (Conference ID
5358727) |
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If you are unable to participate during the live
webcast, the call will also be archived on our website here.
About Victoria’s Secret &
Co. Victoria’s Secret & Co. (NYSE: VSCO) is a
specialty retailer of modern, fashion-inspired collections
including signature bras, panties, lingerie, casual
sleepwear, athleisure and swim, as well as award-winning
prestige fragrances and body care. VS&Co is comprised of
market leading brands, Victoria’s Secret and Victoria’s Secret
PINK, that share a common purpose of inspiring and uplifting our
customers in every stage of their lives, and Adore Me, a
technology-led, digital-first innovative intimates brand serving
women of all sizes and budgets at all phases of life. We are
committed to empowering our more than 30,000 associates across a
global footprint of approximately 1,350 retail stores in
approximately 70 countries. We provide our customers with products
and experiences that make them feel good inside and out while
driving positive change through the power of our products, platform
and advocacy.
Safe Harbor Statement Under the Private
Securities Litigation Reform Act of 1995We caution that
any forward-looking statements (as such term is defined in the U.S.
Private Securities Litigation Reform Act of 1995) contained in this
press release or made by us, our management, or our spokespeople
involve risks and uncertainties and are subject to change based on
various factors, many of which are beyond our control. Accordingly,
our future performance and financial results may differ materially
from those expressed or implied in any such forward-looking
statements. Forward-looking statements include, without limitation,
statements regarding our future operating results, the
implementation and impact of our strategic plans, and our ability
to meet environmental, social, and governance goals. Words such as
“estimate,” “commit,” “target,” “goal,” “project,” “plan,”
“believe,” “seek,” “strive,” “expect,” “anticipate,” “intend,”
“potential” and any similar expressions may identify
forward-looking statements. Risks associated with the following
factors, among others, could affect our financial performance and
cause actual results to differ materially from those expressed or
implied in any forward-looking statements:
- the spin-off from Bath & Body
Works, Inc. (f/k/a L Brands, Inc.) may not be tax-free for U.S.
federal income tax purposes;
- we may not realize all of the
expected benefits of the spin-off;
- general economic conditions,
inflation, consumer confidence, consumer spending patterns and
market disruptions including pandemics or significant health
hazards, severe weather conditions, natural disasters, terrorist
activities, financial crises, political crises or other major
events, or the prospect of these events;
- the novel coronavirus (COVID-19)
global pandemic has had and may continue to have an adverse effect
on our business and results of operations;
- difficulties arising from turnover
in company leadership or other key positions;
- our ability to attract, develop and
retain qualified associates and manage labor-related costs;
- our dependence on mall traffic and
the availability of suitable store locations on appropriate
terms;
- our ability to successfully operate
and expand internationally and related risks;
- our independent franchise, license,
wholesale, and joint venture partners;
- our direct channel business;
- our ability to protect our
reputation and the image of our brands;
- our ability to attract customers
with marketing, advertising and promotional programs;
- the highly competitive nature of
the retail industry and the segments in which we operate;
- consumer acceptance of our products
and our ability to manage the life cycle of our brands, keep up
with fashion trends, develop new merchandise and launch new product
lines successfully;
- our ability to realize the
potential benefits and synergies sought with the acquisition of
AdoreMe, Inc.;
- our ability to source, distribute
and sell goods and materials on a global basis, including risks
related to:
- political instability, environmental hazards or natural
disasters;
- significant health hazards or pandemics;
- legal and regulatory matters;
- delays or disruptions in shipping and transportation and
related pricing impacts; and
- disruption due to labor disputes;
- our geographic concentration of
vendor and distribution facilities in central Ohio and Southeast
Asia;
- the ability of our vendors to
deliver products in a timely manner, meet quality standards and
comply with applicable laws and regulations;
- fluctuations in freight, product
input and energy costs, including those caused by inflation;
- our and our third-party service
providers’ ability to implement and maintain information technology
systems and to protect associated data and system
availability;
- our ability to maintain the
security of customer, associate, third-party and company
information;
- stock price volatility;
- shareholder activism matters;
- our ability to maintain our credit
rating;
- our ability to comply with
regulatory requirements; and
- legal, tax, trade and other
regulatory matters.
Except as may be required by law, we assume no
obligation and do not intend to make publicly available any update
or other revisions to any of the forward-looking statements
contained in this press release to reflect circumstances existing
after the date of this press release or to reflect the occurrence
of future events, even if experience or future events make it clear
that any expected results expressed or implied by those
forward-looking statements will not be realized. Additional
information regarding these and other factors can be found in “Item
1A. Risk Factors” in our Annual Report on Form 10-K filed with the
Securities and Exchange Commission on March 17, 2023.
For further information, please contact:
Victoria’s Secret & Co.: |
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Investor Relations: |
Media Relations: |
Kevin Wynk |
Brooke Wilson |
investorrelations@victoria.com |
communications@victoria.com |
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