While the breach occurred after the first-quarter period ending May 3—and thus didn’t affect reported figures—Victoria’s Secret opted to postpone its quarterly earnings release due to ongoing restoration of internal data and systems (apnews.com boston25news.com). Preliminary results indicate $1.35 billion in net sales and $32 million in adjusted operating income, slightly above analyst expectations. Despite financial performance being intact, the company warned that breach mitigation and recovery efforts may raise second-quarter expenses apnews.com wsj.com.
This incident joins a wave of recent cyberattacks targeting retailers like Adidas, Marks & Spencer, and Cartier. Experts caution that organized cybercriminal groups—possibly including Scattered Spider—are increasingly targeting U.S. retail chains with sophisticated attacks apnews.com newsweek.com fastcompany.com. As a result, consumers are urged to remain vigilant for potential phishing scams or account fraud, while companies are reminded of the importance of swift detection, thorough response, and strong cybersecurity reinforcement.