To: Dan Eaton | Columbus Business First
Has been updated:
Columbus, Ohio (columbus business first) — Victoria’s Secret & Co. expects new products, new acquisitions and a refresh of one of its leading brands to help boost sales in 2023.
Columbus Based Retailer Friday Reports fourth quarter and full year results.
Sales in 2022 declined 6% to $6,344 million. Comparable store sales decreased 8% compared to 2021. Net income was $348 million ($4.14 per share) compared to his $646 million ($7.18 per share) in 2021.
Quarterly sales for Victoria’s Secret were down 7% to $2.02 billion. Comparable store sales decreased 6%.
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https://www.nbc4i.com/news/columbus-business-first/pink-apparel-is-pulling-victorias-secret-sales-down-heres-whats-changing/ Pink apparel is dropping sales at Victoria’s Secret.