Revenue: As of FY2026 Q3, the actual value is USD 1.472 B, beating the estimate of USD 1.409 B.EPS: As of FY2026 Q3, the actual value is USD -0.46.EBIT: As of FY2026 Q3, the actual value is USD -1 M.<h3>Segment Revenue</h3><ul><li>Total Net Sales: $1,472 million for the third quarter of 2025, an increase of 9% compared to $1,347 million in the third quarter of 2024. Year-to-date net sales were $4,284 million, up 4% from $4,124 million in 2024.</li><li>North America Stores: $778 million in the third quarter of 2025, up 5% from $738 million in 2024. Year-to-date sales were $2,325 million, up 3% from $2,267 million in 2024.</li><li>Direct Channel: $429 million in the third quarter of 2025, up 4% from $411 million in 2024. Year-to-date sales were $1,268 million, down 2% from $1,290 million in 2024.</li><li>International: $265 million in the third quarter of 2025, up 34% from $198 million in 2024. Year-to-date sales were $691 million, up 22% from $567 million in 2024.</li></ul><h3>Operational Metrics</h3><ul><li>Operating Loss: $19 million for the third quarter of 2025, improved from a loss of $47 million in 2024. Year-to-date operating income was $42 million, unchanged from 2024.</li><li>Net Loss: $37 million for the third quarter of 2025, compared to $56 million in 2024. Year-to-date net loss was $23 million, compared to $28 million in 2024.</li><li>Gross Profit: $536 million for the third quarter of 2025, up from $468 million in 2024. Year-to-date gross profit was $1,529 million, up from $1,471 million in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used for Operating Activities: -$174 million year-to-date 2025, compared to -$249 million in 2024.</li><li>Net Cash Used for Investing Activities: -$163 million year-to-date 2025, compared to -$133 million in 2024.</li><li>Net Cash Provided by Financing Activities: $360 million year-to-date 2025, compared to $272 million in 2024.</li></ul><h3>Unique Metrics</h3><ul><li>Comparable Sales: Increased by 8% in the third quarter of 2025 compared to 3% in 2024. Year-to-date comparable sales increased by 4% compared to a decrease of 2% in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focusing on its Path to Potential strategic plan, which includes priorities such as supercharging its Bra Authority, recommitting to PINK, fueling growth in beauty, and evolving its brand projection and go-to-market strategy.</li><li>Non-Core Business: The company is managing near-term headwinds and ongoing uncertainty in the macro environment, including tariffs and security incidents, with mitigation strategies in place.</li></ul><h3>Priority</h3><ul><li>Strategic Initiatives: Continued investment in capabilities that differentiate the company in the marketplace, with a commitment to delivering value for shareholders and building a foundation for sustained, long-term profitable growth.</li></ul>

Victorias Secret | 10-Q: FY2026 Q3 Revenue Beats Estimate at USD 1.472 B