Victoria’s Secret & (VSCO) - 2023 Q1 - Earnings Call Presentation

ADJUSTED 1 CONSOLIDATED AND COMBINED STATEMENTS OF INCOME THIRTEEN WEEKS ENDED APRIL 29, 2023 AND APRIL 30, 2022 (Unaudited) (In millions except per share amounts) Decrease mid-single digits compared to $1.521 Approximately $90 million to $95 million 1 Defined as operating cash flow less capital expenditures. First Quarter Earnings May 31, 2023 (Unaudited) Adjusted SG&A Expense Rate Approximately 79 million VICTORIA'S SECRET & CO. Forward Looking Statements • our ability to realize the potential benefits an ...