In the latest earnings call, Victoria's Secret executives stated that the current performance outlook does not yet reflect any potential impact from possible tariff rate adjustments.

The company emphasized that it will continue to closely monitor relevant policy trends and assess their potential chain reactions on its business. The executive pointed out that uncertainties exist in the global trade environment, and potential changes in tariff policies are among the external risk factors the company is focusing on. Management will promptly adjust business strategies according to developments, but at this stage, such variables have not yet been incorporated into the financial forecasting model.