Corporate GovernanceMay 18, 2026, 08:32 AM
Victoria's Secret TSR 141% under CEO Super; Urges Vote FOR Directors
AI Summary
Victoria's Secret & Co. issued a letter to shareholders, emphasizing significant progress and 141% total shareholder return (TSR) since CEO Hillary Super's appointment in August 2024. The company highlighted strong operational and financial momentum in fiscal year 2025, driven by its "Path to Potential" strategy. The Board encourages shareholders to vote "FOR" all qualified directors at the upcoming Annual Meeting on June 11, 2026, to counter a proxy contest by BBRC International Pte Limited and support continued value creation.
Key Highlights
- Total Shareholder Return (TSR) of 141% delivered since August 2024.
- Fiscal Year 2025 achieved 5% accelerated comparable sales growth.
- Adjusted net income grew 15% in fiscal year 2025.
- Board encourages shareholders to vote "FOR" all directors at June 11, 2026 Annual Meeting.
- Company launched VSPathtoPotential.com for strategy and voting information.
- Proxy contest initiated by BBRC International Pte Limited.
- Strategy pillars include reasserting bra leadership and reigniting PINK.
Price Impact
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