Victoria’s Secret sees FY23 adjusted EPS $1.85-$2.25, consensus $2.16

Sees FY23 revenue down 2%-3%, consensus $6.18B. The company said, “The Company is forecasting full year 2023 net sales to decrease in the range of 2% to 3% compared to last year. At this forecasted level of sales, adjusted operating income for the year is expected to be in the range of $290 million to $330 million. Adjusted net income for the full year 2023 is estimated to be in the range of $1.85 to $2.25 per diluted share.”