![]() ![]() ![]() Victoria's Secret is projecting fourth-quarter sales to come in anywhere from flat to 3% higher, which isn't bad and isn't great. Again, good news that suggests the retailer's turnaround efforts are gaining traction. When you examine just stores that were open in 20, comparable-store sales increased 4%. ![]() So it's really not an apples-to-apples comparison to look back to the pre-pandemic results without making some adjustments. That's up from $1.35 billion a year ago, but down from $1.58 billion in the third quarter of 2019, before the pandemic.īut even here, there's a wrinkle: Victoria's Secret has been closing stores during its turnaround effort (roughly 260 have been shuttered since the third quarter of 2019). Which, in a bit of reverse order, brings the story to the top line, which came in at $1.44 billion.
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