{"id":964007,"date":"2026-05-18T09:07:27","date_gmt":"2026-05-18T13:07:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/victorias-secret-co-issues-letter-to-shareholders-highlighting-strong-performance-significant-shareholder-value-creation-and-continued-momentum-under-current-leadership\/"},"modified":"2026-05-18T09:07:27","modified_gmt":"2026-05-18T13:07:27","slug":"victorias-secret-co-issues-letter-to-shareholders-highlighting-strong-performance-significant-shareholder-value-creation-and-continued-momentum-under-current-leadership","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/victorias-secret-co-issues-letter-to-shareholders-highlighting-strong-performance-significant-shareholder-value-creation-and-continued-momentum-under-current-leadership\/","title":{"rendered":"Victoria\u2019s Secret & Co. Issues Letter to Shareholders Highlighting Strong Performance, Significant Shareholder Value Creation and Continued Momentum Under Current Leadership"},"content":{"rendered":"

\nUrges Shareholders to Vote \u201cFOR\u201d All Highly Qualified Directors at the 2026 Annual Meeting of Shareholders
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REYNOLDSBURG, Ohio, May 18, 2026 (GLOBE NEWSWIRE) — Victoria\u2019s Secret & Co. (\u201cVS&Co\u201d or the \u201cCompany\u201d) (NYSE: VSCO) today issued a letter to shareholders highlighting the significant progress and shareholder value creation achieved under the leadership of Chief Executive Officer Hillary Super and the support of the Company\u2019s Board of Directors (the \u201cBoard\u201d).<\/p>\n

The letter underscores the Company\u2019s strong operational and financial momentum under its Path to Potential strategy and highlights the Board\u2019s conviction that continued execution of this strategy is the best path to sustained long-term shareholder value creation. Since the announcement of Ms. Super\u2019s appointment in August 2024, VS&Co has delivered a total shareholder return (\u201cTSR\u201d) of 141%, significantly outperforming the peer group used by research analysts, the S&P 500 Consumer Discretionary Distribution Retail index and the S&P 600.1<\/sup> In fiscal year 2025, the Company delivered comparable sales growth, improved profitability, growth across brands, channels and geographies and continued progress across each of the four pillars of the Company\u2019s Path to Potential strategy.<\/p>\n

The Company launched VSPathtoPotential.com to provide shareholders with additional information and resources about VS&Co\u2019s strategy to maximize value for shareholders, as well as instructions for how to vote at the 2026 Annual Meeting of Shareholders on Thursday, June 11 (the \u201cAnnual Meeting\u201d).<\/p>\n

The Board encourages shareholders to vote \u201cFOR\u201d all of the Company\u2019s highly qualified directors at the Annual Meeting to support continued value creation.
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The full text of the letter follows:<\/p>\n

\n Dear Fellow Shareholder,<\/strong>\n <\/p>\n

Under CEO Hillary Super\u2019s leadership and with the support of the Board\u2019s active oversight and strategic guidance, Victoria\u2019s Secret & Co. (\u201cVS&Co\u201d or the \u201cCompany\u201d) is executing a clear strategy that is creating significant shareholder value.<\/p>\n

Since the Board announced Ms. Super\u2019s appointment in August 2024, VS&Co has delivered total shareholder return (\u201cTSR\u201d) of 141%, significantly outperforming the peer group used by research analysts, the S&P 500 Consumer Discretionary Distribution Retail index, and the S&P 600.1<\/sup> These results reflect best-in-class financial and operational performance, as well as continued momentum across the business, with growth accelerating in the back half of 2025.<\/p>\n

Despite this progress, BBRC\u202fInternational Pte Limited (\u201cBBRC\u201d) and its Chairman Brett Blundy have launched a proxy contest that threatens to disrupt the Company\u2019s momentum, without offering a compelling case for change.<\/p>\n

You face an important decision at the Company\u2019s 2026 Annual Meeting of Shareholders (\u201cAnnual Meeting\u201d) on Thursday, June 11. We have the right Board with diverse expertise, led by Chair Donna James, and the right leadership team to continue delivering value to shareholders. Why disrupt what is working? A vote \u201cFOR\u201d all of our highly-qualified directors is a vote to maintain our momentum and support continued execution of the Company\u2019s strategy for long-term shareholder value creation.<\/p>\n

\n VS&Co\u2019s Transformation Is Creating Value for Shareholders.<\/strong>\n <\/p>\n\n\n\n
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\n Research Analysts Recognize That Our Strategy Is Working:<\/strong>\n <\/p>\n\n\n\n\n\n
\u201cWe believe Victoria\u2019s Secret is transitioning from recovery to structural growth, led by innovation in its bra and PINK, reestablishing relevance.\u201d \u2014 Jefferies, 4\/23\/263<\/sup><\/td>\n\u00a0<\/td>\n\u201c\u2026[M]anagement is successfully repositioning its Victoria’s Secret and PINK brands… its turnaround playbook is working. This should lead to sustained comp sales growth.\u201d \u2014 UBS, 3\/12\/263<\/sup><\/td>\n<\/tr>\n
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\u201c\u2026CEO Hillary Super has now been at the helm for over a year and a half, enough time to identify issues and begin to implement improvements with a newly hired team – and we are bullish on the trajectory of the business under this new team today.\u201d\u2014 Wells Fargo, 5\/8\/263<\/sup><\/td>\n\u00a0<\/td>\n\u201cThe [fourth] quarter was clear evidence that the \u201cPath to Potential\u201d playbook is working and, importantly, is just getting started and becoming repeatable.\u201d\u2014 Barclays, 4\/5\/263<\/sup><\/td>\n<\/tr>\n
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\n 2025 Was A Standout Year For Victoria\u2019s Secret<\/strong>\n <\/p>\n

Strong execution against the Path to Potential\u2019s four pillars is driving broad-based progress across the business:<\/p>\n