New York (AP) – Victoria’s Secret (VSCO) postpones the publication of its quarterly results following a security violation which disrupted the business operations of the popular lingerie brand and led it to Remove its American shopping site For several days last week.
In a Tuesday update, Victoria’s Secret said He first detected a “security incident involving his information technology systems” on May 24 – and immediately turned to response protocols in “containing and eradicating access to the unauthorized network”, which included commitment with third -party experts.
The Ohio -based retailer added that he temporarily closed business systems and his retail website on May 26 “as a precaution”. In the United States, Victoria’s Secret’s website remained dark for several days later, arousing prolonged frustration among buyers. It was not back online until Thursday evening.
Although it is not directly confirmed by Victoria’s Secret, the incident forced the characteristics of a cyber attack involving ransomware. Analysts note that More and more retailers This kind of attacks are faced today – and have underlined the scope and duration of the disruptions with an impact on the operations of Victoria’s Secret.
Beyond its website, certain store services at Victoria’s Secret Homonym and pink brand locations have also been closed due to a violation. But on Tuesday, the company said that most of these functions have since been restored.
Victoria’s Secret also said on Tuesday that he was trying to fully restore access to his business systems, which is why he delays his income in the first quarter – noting that the process “prevented employees from accessing certain systems and information” necessary to finalize and publish the financial report.
However, the company shared certain preliminary results. For its first quarter of 2025, which ended on May 3, Victoria’s Secret now plans to declare $ 1.35 billion in net sales and an adjusted operating profit of $ 32 million, exceeding the previously issued forecasts. Analysts interviewed by FetSet expect sales of around $ 1.33 billion on average.
Victoria’s Secret did not immediately share a new date for the release of his first quarter profit.
Victoria’s Secret argued that the violation of last month had no impact on its first quarter results, because the period ended before the violation caused disturbances. But the company said that it would continue to “assess the entire scope” of the incident, including expenses that may have an impact on future finances.
The “security incident” incident with an impact on Victoria’s Secret arrives while more and more companies report violations that disrupt operations and / or exhibit customer data, especially among retailers.
