Recently, American lingerie company Victoria’s Secret & Co (Victoria’s Secret) announced its financial data for the fourth quarter and full year of fiscal year 2022, ending on January 28th.
The company’s revenue for fiscal year 2022 decreased by 6.5% year-on-year to $6.344 billion, and its net profit plummeted by 47.8% to $337.7 million. In the fourth quarter, revenue decreased by 7.1% year-on-year to $2.021 billion, and net profit decreased by 30.1% year-on-year to $172.1 million.
In terms of market performance, international stores performed the best, with a …