Victoria’s Secret & Co. Invites You to Listen to the Third Quarter 2021 Earnings Call Webcast
November 04 2021 - 3:30PM
In conjunction with the Victoria’s Secret & Co. (NYSE:VSCO)
third quarter 2021 earnings release, which will cross the wire
after market close on Wednesday, Nov. 17, you are invited to listen
to a live webcast of the conference call on Thursday, Nov. 18 at
8:00 a.m. ET with Victoria’s Secret & Co. executives.
What: |
Victoria’s Secret & Co. Third Quarter 2021 Earnings Conference
Call Webcast |
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When: |
8:00 a.m. ET
on Thursday, Nov. 18, 2021 |
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Where: |
victoriassecretandco.com |
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How: |
Log on to
victoriassecretandco.com or call: |
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Domestic
Dial-In Number: 800.619.9066 (Conference ID 5358727) Domestic
Replay Number: 800.839.8275 (Conference ID 175361) International
Dial-In Number: 212.519.0836 (Conference ID 5358727) International
Replay Number: 203.369.3606 (Conference ID 175361) |
If you are unable to participate during the live
webcast, the call will also be archived on our website here.
ABOUT VICTORIA’S SECRET
Victoria’s Secret is the world’s largest intimates specialty
retailer offering a wide assortment of modern, fashion-inspired
collections including signature bras, panties, lingerie, casual
sleepwear and athleisure, as well as award-winning prestige
fragrances and body care. With nearly 1,400 retail stores worldwide
and a predominately female workforce of more than 25,000,
Victoria’s Secret boasts the largest team of specialty trained bra
fit experts worldwide. Victoria’s Secret is committed to inspiring
women around the world with products and experiences that uplift
and champion them and their journey while creating lifelong
relationships and advocating for positive change.
Safe Harbor Statement Under the Private
Securities Litigation Reform Act of 1995
We caution that any forward-looking statements
(as such term is defined in the Private Securities Litigation
Reform Act of 1995) contained in this press release or made by our
Company or our management involve risks and uncertainties and are
subject to change based on various factors, many of which are
beyond our control. Accordingly, our future performance and
financial results may differ materially from those expressed or
implied in any such forward-looking statements. Words such as
“estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,”
“intend,” “planned,” “potential” and any similar expressions may
identify forward-looking statements. Risks associated with the
following factors, among others, in some cases have affected and in
the future could affect our financial performance and actual
results and could cause actual results to differ materially from
those expressed or implied in any forward-looking statements
included in this press release or otherwise made by our company or
our management:
- the spin-off from Bath & Body Works, Inc. (f/k/a L Brands,
Inc.) may not be tax-free for U.S. federal income tax
purposes;
- a loss of synergies from separating the businesses that could
negatively impact the balance sheet, profit margins or earnings of
Victoria’s Secret or that Victoria’s Secret does not realize all of
the expected benefits of the spin-off;
- general economic conditions, consumer confidence, consumer
spending patterns and market disruptions including pandemics or
significant health hazards, severe weather conditions, natural
disasters, terrorist activities, financial crises, political crises
or other major events, or the prospect of these events;
- the novel coronavirus (COVID-19) global pandemic has had and is
expected to continue to have an adverse effect on our business and
results of operations;
- the seasonality of our business;
- divestitures or other dispositions and related operations and
contingent liabilities from businesses that we have divested;
- difficulties arising from turnover in company leadership or
other key positions;
- our ability to attract, develop and retain qualified associates
and manage labor-related costs;
- the dependence on mall traffic and the availability of suitable
store locations on appropriate terms;
- our ability to grow through new store openings and existing
store remodels and expansions;
- our ability to successfully operate and expand internationally
and related risks;
- our independent franchise, license and wholesale partners;
- our direct channel businesses;
- our ability to protect our reputation and our brand
images;
- our ability to attract customers with marketing, advertising
and promotional programs;
- our ability to maintain, enforce and protect our trade names,
trademarks and patents;
- the highly competitive nature of the retail industry and the
segments in which we operate;
- consumer acceptance of our products and our ability to manage
the life cycle of our brands, keep up with fashion trends, develop
new merchandise and launch new product lines successfully;
- our ability to source, distribute and sell goods and materials
on a global basis, including risks related to:
- political instability, environmental hazards or natural
disasters;
- significant health hazards or pandemics, which could result in
closed factories, reduced workforces, scarcity of raw materials,
and scrutiny or embargoing of goods produced in infected
areas;
- duties, taxes and other charges;
- legal and regulatory matters;
- volatility in currency exchange rates;
- local business practices and political issues;
- potential delays or disruptions in shipping and transportation
and related pricing impacts;
- disruption due to labor disputes; and
- changing expectations regarding product safety due to new
legislation;
- our geographic concentration of vendor and distribution
facilities in central Ohio;
- fluctuations in foreign currency exchange rates;
- the ability of our vendors to deliver products in a timely
manner, meet quality standards and comply with applicable laws and
regulations;
- fluctuations in product input costs;
- our ability to adequately protect our assets from loss and
theft;
- fluctuations in energy costs;
- increases in the costs of mailing, paper, printing or other
order fulfillment logistics;
- claims arising from our self-insurance;
- our and our third-party service providers' ability to implement
and maintain information technology systems and to protect
associated data;
- our ability to maintain the security of customer, associate,
third-party and company information;
- stock price volatility;
- our ability to pay dividends and related effects;
- shareholder activism matters;
- our ability to maintain our credit rating;
- our ability to service or refinance our debt and maintain
compliance with our restrictive covenants;
- our ability to comply with laws, regulations and technology
platform rules or other obligations related to data privacy and
security;
- our ability to comply with regulatory requirements;
- legal and compliance matters; and
- tax, trade and other regulatory matters.
We are not under any obligation and do not intend
to make publicly available any update or other revisions to any of
the forward-looking statements contained in this press release to
reflect circumstances existing after the date of this press release
or to reflect the occurrence of future events even if experience or
future events make it clear that any expected results expressed or
implied by those forward-looking statements will not be realized.
More information on potential factors that could affect Victoria’s
Secret results is included in Victoria’s Secret Registration
Statement on Form 10 filed with the Securities and Exchange
Commission.
For further information, please contact:
Victoria’s Secret & Co.: |
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Investor Relations: |
Media Relations: |
Jason Ware |
Brooke Wilson |
investorrelations@victoria.com |
Communications@victoria.com |
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