Victoria’s Secret sees Q4 adjusted EPS $2.20-$2.60, consensus $2.43

Sees Q4 revenue up 2%-4%, consensus $2.08B. The company said, “The Company is forecasting fourth quarter 2023 net sales to increase in the range of 2% to 4% compared to last year’s fourth quarter net sales of $2.021 billion. At this forecasted level of sales, adjusted operating income for the fourth quarter of 2023 is expected to be in the range of $245 million to $285 million. Adjusted net income for the fourth quarter of 2023 is estimated to be in the range of $2.20 to $2.60 per diluted share.”