Financial PerformanceThe company faces a challenging second half of the year, with additional tariff pressures expected to impact financial performance in the first half of the following year.
Tariffs ImpactElevated tariff risk is not accounted for in current market models, which could significantly impact future margins.
Technology IssuesManagement is postponing its 1Q call due to a security incident that impacted the company's corporate systems, e-commerce website, and certain functions in Victoria’s Secret and PINK stores.