Last week, the American laundry provider Victoria’s Secret & Co. had temporarily hired his online business after a “security incident that concerned the IT systems”. According to media reports, the company had become the victim of a hacker attack. On Tuesday, the group now gave a first overview of the consequences of the alleged attack.
The work on the IT system continues
As a “precaution”, Victoria’s Secret closed the e-commerce website on May 26 and shut down its IT system, according to a message. The online shop was therefore put back into operation on May 29, and the “limited” effects on the branches of the brands of Victoria’s Secret and Pink have now been remedied. According to the communication, the company continues to work to restore the “complete access” to its own IT system.
According to the group, “certain systems and information” are not available for employees: inside: on the basis of the ongoing measures. Therefore, the company postponed the publication of its results planned for Thursday for the first quarter of the 2025/26 financial year. A new appointment will be announced “in due course”, according to a message.
Preliminary results lie above the expectations
The laundry provider at the same time presented preliminary figures for the kick -off quartal completed on May 3. These were surprisingly positive. The net turnover was $ 1.35 billion (1.18 billion euros) and thus exceeded the forecast, and the operating profit, which was adjusted for special effects, was unexpectedly high with $ 32 million (28 million euros). The adjusted diluted profit per share was $ 0.09 and thus in the upper area of the target corridor of -0.10 to +0.10.
The company also explained that it is currently examining the “full extent” of the recent security incident and its effects. The incident did not lead to “essential operational disorders”, but caused additional costs and could also result in further expenses, the group said. These additional burdens could “negatively influence” future results from the second quarter.