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2 jong New Ukrainian guest houses in Guelph, Elora set to open this monthThe Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as US jobs data fuelled expectations the Federal Reserve would cut interest rates this month. The Dow finished lower, as a 5.1 per cent drop in UnitedHealth Group shares weighed on the index. The S&P 500 consumer discretionary index rose 2.4 per cent to hit an all-time closing high. It led gains among sectors, boosted by Lululemon. Shares of Lululemon Athletica jumped 15.9 per cent after the sportswear maker increased full-year forecasts. Also in the consumer discretionary space, shares of cosmetics retailer Ulta Beauty advanced 9.0 per cent after the company raised its annual profit forecast. The US Labor Department report showed job growth surged in November, but an increase in the unemployment rate to 4.2 per cent pointed to an easing labour market. "It does support the case for the Fed to continue to cut rates in the December meeting and into the first quarter," said Bill Northey, senior investment director at US Bank Wealth Management in Billings, Montana. The Dow Jones Industrial Average fell 123.19 points, or 0.28 per cent, to 44,642.52, the S&P 500 gained 15.16 points, or 0.25 per cent, to 6,090.27 and the Nasdaq Composite gained 159.05 points, or 0.81 per cent, to 19,859.77. The S&P 500 registered its 57th record closing high for 2024, while the Nasdaq Composite posted its 36th record high close for the year. For the week, the Nasdaq gained 3.3 per cent, the S&P 500 rose about 1.0 per cent and the Dow fell 0.6 per cent. Following the data, US rate futures were pricing in roughly a 90 per cent chance the Fed will lower interest rates by 25 basis points at its Dec. 17-18 policy meeting, according to LSEG calculations which previously saw just a 72 per cent chance. The Fed has lowered rates by 75 basis points since September, when it launched its easing cycle. Fed Governor Michelle Bowman said inflation risks remained, which augured caution with rate decisions. Shares of health insurance companies including UnitedHealth extended declines from the previous session, two days after Brian Thompson, CEO of UnitedHealth's health insurance unit, was fatally shot outside a Manhattan hotel. The shooter remained at large and his motive has not been determined. The death sparked comments on social media over frustrations with the US health insurance system. Among other stock moves, shares of Facebook-owner Meta Platforms were up 2.4 per cent after a US appeals court upheld a law requiring China-based ByteDance to divest its popular short video app TikTok by early next year or face a ban. The Cboe Volatility Index, Wall Street's fear gauge, ended down 0.77 points at 12.77 in its lowest finish since mid-July. Declining issues outnumbered advancers by a 1.01-to-1 ratio on the NYSE. There were 354 new highs and 98 new lows on the NYSE. On the Nasdaq, 2,610 stocks rose and 1,678 fell as advancing issues outnumbered decliners by a 1.56-to-1 ratio. Volume on U.S. exchanges was 12.99 billion shares, compared with the 14.5 billion average for the full session over the last 20 trading days.COP29 in Baku: A Defining Moment for Global Climate Action

Is Tesla Stock A Buy Or A Sell After Analyst Hikes Price Target; 'Optimus Is Real'ISLAMABAD: Minister for Planning, Development and Special Initiatives Ahsan Iqbal said that Pakistan’s economy is witnessing a turnaround due to the difficult decisions taken by the government. Addressing the National Productivity, Quality, and Innovation (PQI) Summit 2024 in Islamabad on Thursday, the minister said that inflation has decreased to a single digit and exports have increased by 14 percent. He also highlighted the rapid growth of IT exports. Iqbal said, “Productivity, quality, and innovation are the bedrock of economic success. By adopting these principles, we can increase our exports from $30 billion to $100 billion.” He said that friendly countries including Saudi Arabia, UAE, Kuwait, Qatar and Azerbaijan, have identified a $29 billion portfolio investment opportunity in Pakistan. The summit began with an opening address by Federal Minister Iqbal, who emphasised the crucial role of productivity, quality, and innovation in driving sustainable economic growth and enhancing Pakistan’s global competitiveness. The Ministry of Planning, Development, and Special Initiatives inaugurated the National Productivity, Quality, and Innovation (PQI) Summit 2024 in Islamabad on Thursday. This two-day event revolves around the theme “Driving Growth Through Excellence in Productivity, Quality, and Innovation.” The event brought together a wide range of stakeholders, including esteemed academics, CEOs of leading brands, leaders from chambers of commerce and industry, and corporate executives. Senior officials from the Ministry of Planning, including members, chiefs, and project directors, also actively participated in the discussions. In his address, Iqbal highlighted Pakistan’s achievements despite early challenges post-independence. “From limited resources, Pakistan has risen to become the seventh nuclear power and is now manufacturing advanced aircraft. However, we must acknowledge that we have lagged behind in key sectors compared to other nations,” he remarked. He pointed out that in 1980, Pakistan’s per capita income was higher than China’s, but the gap has since widened, with Bangladesh and India surpassing Pakistan in economic growth. “We must decide now whether we will become a successful nation in the next 30 years,” he stated. Iqbal stressed collective responsibility to restore Pakistan’s progress. He added that since 2022, efforts have been made to revive the economy. “Today, the stock market is rising, exports are growing, inflation is down to seven per cent, and the stock market has crossed the 96,000-point threshold. To further strengthen the economy, we need political stability, policy continuity, and an export-led growth model, with focus areas in human resource development, IT, agriculture, and mining. If we align our products with global standards, Pakistan can become a competitive economy.” Speaking on the occasion, Planning Secretary Owais Manzoor Samra said that economic progress depends on adopting productivity, quality, and innovation. “Productivity is not just about working hard but working smart. We need to eliminate inefficiencies and integrate modern technologies. This seminar reflects the government’s commitment to these goals,” he added. In his concluding remarks, Iqbal announced that the prime minister will soon launch the “5Es Framework” to promote sustainable development across all sectors. “As a Muslim nation, Pakistan has unique strengths. By turning aspirations into reality, we can secure our place on the global stage. I am confident that the expert panel here will develop actionable strategies for productivity, quality, and innovation,” he concluded. The summit provided a platform for stakeholders to exchange ideas and develop strategies for accelerating Pakistan’s economic growth through productivity, quality enhancement, and innovation. During the summit, breakout sessions were held on Productivity, Quality, and Innovation, attended by research scholars, think tanks, academia, and industry representatives. These sessions focused on improving productivity for sustainable growth, raising quality standards to meet international benchmarks, and promoting innovation to build a competitive economy. The summit is set to serve as a milestone in achieving the goal of increasing exports, ensuring economic stability, and ultimately maintaining Pakistan as a trillion-dollar economy by 2035 and a three-trillion-dollar economy by 2047, under the ministry’s development framework based on the 5Es: Exports, Energy, E-Pakistan, Environment and Climate Change, Food Security, and Equity. The framework emphasizes providing equal opportunities for all, with a special focus on empowering youth, women, and minorities, as well as developing the less developed areas of the country. Copyright Business Recorder, 2024

Trump details sweeping changes he'll carry out on day one and beyond in an exclusive interview

Records published Dec. 19, 2024

Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Investing in the stock market is crucial for maintaining spending power and hedging against inflation. A diversified portfolio is a better long-term strategy for preserving wealth than holding cash. Extreme highs and lows in your portfolio and fixating on the short-term are signs you may be underinvesting. The US stock market continues to soar through the final quarter of the year, with major indexes like the Dow Jones, Nasdaq, and S&P 500 hitting record closes on Wednesday. Investors remain optimistic following Federal Reserve Chair Jerome Powell's comment that the US economy seems to be in "remarkably good shape." Now is a better time than ever to invest in the market. Here are four signs you're not investing enough in the stock market, according to financial advisors. 1. You keep everything in cash Holding onto your cash may seem like the safer option compared to risking it on the market. But in actuality, your money is losing value due to inflation diminishing the purchasing power of the US dollar. "Even though cash yields are better than five or six years ago, they're still low compared to inflation," Tom Graff, chief investment officer at Facet , told Business Insider. "By holding onto cash, you're functionally not making any money." The best way to combat inflation and preserve wealth is by investing in a diversified portfolio of stocks, bonds, and other securities. The S&P 500 index, a popular stock market benchmark, has a historic average annual return of 10% that far outperforms the US inflation rate of 2.6%. Savings accounts, on the other hand, only have an average return of 0.43% APY . That said, your bank account is still the right place for money you know you need to pay off short-term expenses like rent, groceries, and debt. Only invest money you won't need access to for at least several years. "We've all felt inflation over the last several years eat away at our earnings and our spending power," Corbin Blackwell, senior financial planner at Betterment , told BI. "You aren't getting anything from your savings account, but investing keeps pace with inflation." 2. You're experiencing extreme highs and lows in your portfolio "One sign that you're not investing enough in the stock market is if you're experiencing extreme highs and lows every time you look at your portfolio's performance," said Blackwell. Being thoroughly invested in the market doesn't necessarily mean buying more stocks or increasing the size of your portfolio, she says. Rather, it refers to diversifying your assets to gain exposure from multiple areas of the market. Someone who owns 100 shares of different technology companies is less diversified than someone who owns half that amount of shares but has exposure to a mix of market sectors like health care, real estate, financials, tech, and communication services. Similar to a roller coaster, an investment portfolio that lacks proper diversification is vulnerable to frequent market swings. These extreme highs, although thrilling, prevent your portfolio from growing at a steady and reliable pace. Instead, you're at greater risk of a major loss. Diversifying your investments across various market sectors is a proven strategy to mitigate risk and enhance your portfolio's performance. By spreading your investments, you can better weather market fluctuations and capitalize on opportunities in different sectors. "You don't need to spend a lot of money to have a diversified portfolio," said Blackwell. "You can buy a share of an ETF , which is already diversified in and of itself. But you shouldn't just buy one ETF, either." Don't know where to start? Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Start your search now. 3. You never increase your retirement contributions At the beginning of your working career, you likely could only contribute a small percentage of your paycheck to your 401(k) or another of the best retirement plans . But did you increase your contributions the last time you got a raise? As you make more money, contribute more toward your retirement plan to make up for the years you could only contribute a little. This is especially important if your employer offers a match, as this is essentially free money. Although retirement may feel light years away, time is paramount as retirement savings steadily grow with compound interest and long-term investment opportunities. As mentioned before, holding onto loads of cash diminishes its spending power. Blackwell noted that investing is a crucial step in securing retirement as you can't get back that time that you missed, and relying on Social Security alone isn't recommended. "If you don't have any help in the form of investment gains and compound interest, you're going to have a really hard time affording that retirement, especially when life expectancy is so long," said Blackwell 4. You're focused on short-term volatility rather than long-term gains Another sign of underinvesting is if you find yourself holding back from participating in the current market due to its short-term volatility. The market's daily fluctuations can look intimidating, especially if you're new to stock investing, but not all volatility is bad. Blackwell explains that financial advisors prefer people to invest long-term as many opportunities need time in the market to accumulate gains. "Investing isn't about the big wins," She said. "There's not enough certainty in any portfolio to only benefit from the upside. It's always a risk, return trade-off." Graff notes that current economic and political factors impact people's perspective and optimism about the market and the US economy as a whole. However, those circumstances generally impact the short-term rather than the actual long-term potential of the average investor's portfolio. "There's always something, and when the market has been up a lot, anything that goes wrong could be a downturn," said Graff. "At some point there's going to be a bear market again, but timing that is so difficult." At the end of the day, there's no better time to invest in the market than the present, as you risk missing out on growth opportunities by focusing on the short term instead of having a long-term perspective. Moreover, long-term investing is generally less risky and provides opportunities for recovery from market downturns. "It's not fair to tell investors not to worry about problems like inflation. Instead, the real advice is to use that time to your advantage," said Graff. Credit cards Investing apps Retirement savings Cryptocurrency The stock market Retail investing

Alberta aiming to create test site to support new drilling technologies LEDUC COUNTY, ALTA. — Alberta’s government says it will invest up to $50 million to support the creation of a first-in-Canada drilling test site to support technology development in the oil, gas, geothermal and lithium industries. The Canadian Press Nov 25, 2024 10:43 AM Nov 25, 2024 11:05 AM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message An oil rig drills a well under moon light near Cremona, Alta., Sunday, Sept. 24, 2023. THE CANADIAN PRESS/Jeff McIntosh LEDUC COUNTY, ALTA. — Alberta’s government says it will invest up to $50 million to support the creation of a first-in-Canada drilling test site to support technology development in the oil, gas, geothermal and lithium industries. The Alberta Drilling Accelerator is intended to be an open-access, industry-led site where companies can test drilling technologies at deep depths, high temperatures and varying rock types. A location for the hub site has yet to be determined. While no binding contracts have been signed, the province says several companies have expressed strong interest in serving as anchor tenants, including Calgary-based geothermal company Eavor Technologies, Tourmaline Oil Corp. and international oilfield service supermajor Halliburton. The money the province is providing will come from the industry-funded Technology Innovation and Emissions Reduction (TIER) program, which Alberta's heavy emitters are required to pay into as part of the province's industrial carbon pricing system. The provincial government says the Alberta Drilling Accelerator could start drilling in 2026. This report by The Canadian Press was first published Nov. 25, 2024. Companies in this story: (TSX:TOU) The Canadian Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message More The Mix 'We need an industry': Crowsnest Pass residents voting on support for new coal mine Nov 25, 2024 11:21 AM So you're gathering with relatives whose politics are different. Here are some tips for the holidays Nov 25, 2024 11:06 AM ‘Busiest Thanksgiving ever’: How the TSA plans to handle record air travel Nov 25, 2024 10:59 AM Featured Flyer

A Chinese film set during the Covid-19 pandemic won the top prizes in Taiwan's prestigious Golden Horse Awards, which saw the highest number of entries from China in recent years despite political tensions. Beijing banned its entertainers from joining Golden Horse -- dubbed the Chinese-language "Oscars" -- in 2019 after a Taiwanese director voiced support for the island's independence in an acceptance speech in 2018. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Investors can be optimistic about defense stocks under Trump: Bernstein

Senate passes defense bill that will raise troop pay and aims to counter China's powerFrom British rule in India to cinema actors turning politicians, the predictions of Potuluri Veera Brahmendra Swamy have intrigued generations. Known for his remarkable foresight, Brahmendra Swamy authored the Kalagnanam, a book containing over 14,000 prophecies in Telugu poetry, offering a glimpse into the future of the world. While modern technology enables us to predict natural disasters like cyclones and famines, Brahmendra Swamy’s predictions continue to captivate us with their uncanny accuracy. Here are the 20 predictions by Potuluri Veera Brahmendra Swamy that came true. World Wars and Disasters - Brahmendra Swamy predicted that the 5000 years of Kaliyuga would be marked by devastating events, including natural disasters and wars. The 1939-1945 World War II and the 2004 Indian Ocean Tsunami, which killed over 230,000 people, align with his predictions of massive destruction. British Rule in India - Swamy’s prophecy about "fair-faced people" ruling India came true with the British colonization, where the British controlled India for nearly 200 years. A Woman Would Rule for 16 Years - He predicted that a woman would rule for 16 years, which matches the tenure of Indira Gandhi, India’s first female Prime Minister, who ruled from 1966-1977 and again from 1980-1984. The Advent of Automobiles - The "non-living vehicles" predicted by Swamy refer to the invention of cars, trains, and planes, which revolutionized transportation. Electricity and Hydroelectric Power - He foresaw that "lamps would be lit with water," symbolizing the development of electricity and hydroelectric power, where water is used to generate energy. Fraudulent Gurus - Swamy predicted that genuine spiritual teachers would be rare, and fraudulent ones would be plentiful. This reflects the rise of self-proclaimed gurus today. End of Monarchies, Rise of Democracy - He predicted that traditional monarchies would end, and democracies would rise. This is seen in India after independence in 1947 when democracy replaced monarchy. San Francisco Earthquake - Swamy predicted a huge earthquake in San Francisco, which occurred in 1906, causing significant destruction. Cinema Actors Turned Politicians - Swamy’s prediction that "images on the screen would rule countries" has come true with film stars like N.T. Rama Rao, M.G. Ramachandran, and Arnold Schwarzenegger entering politics. Global Mobility - Swamy predicted that people would move constantly for work or other reasons, which is true in today’s globalized world. Decline in Social Morality - Swamy predicted that immoral actions, like the sale of children and increased affairs, would become common. These issues are being reported more today. Rise of Cruel Husbands - He predicted the rise of cruel husbands who treat their wives poorly. Unfortunately, this is seen in many instances of domestic violence today. Religious Conflicts - Swamy warned that conflicts based on religion would harm humanity, which is evident in ongoing religious extremism and terrorism. Rising Oceans and Global Warming - Swamy’s prophecy about rising oceans swallowing cities aligns with today’s fears of global warming and rising sea levels. Foreigners in Power and New Education Systems - Swamy predicted that foreigners would rule and bring a new education system. This happened with British colonial rule, which introduced Western education systems in India. Extinction of Wild Animals - Swamy foresaw the extinction of wild animals like lions due to poaching and habitat destruction, with many species now endangered.Selling of Merit - Swamy predicted that people would prioritize money over merit, seen today in education where management quotas and donations often replace merit-based admissions. Musi River Flood in Hyderabad - Swamy predicted the Musi River flood in Hyderabad, which happened in 1908, causing widespread destruction. Adulteration of Goods - He foresaw widespread adulteration of food and goods, which is a common issue today with fake products and compromised quality. The Birth of Gandhi - Swamy’s mention of a great soul named "Gandhi" refers to Mahatma Gandhi, who led India to independence through non-violence. Disclaimer: This article is based on popular beliefs. Times Now is not responsible for the accuracy or completeness of the information and facts provided here. Get Latest News Live on Times Now along with Breaking News and Top Headlines from Astrology and around the world.

Chinese film about Covid-19 wins Taiwan's top Golden Horse prizes

A new study highlights the unexpected ways AI is transforming everyday tasks, focusing on how the technology is helping to make them more efficient and convenient. Research forecasts that 45 percent of grocery shopping activities will be handled by AI within five years. In particular, smart AI integration in retail and homes can reduce food waste by 30 percent through precise demand forecasting and expiration monitoring. The research comes from ZeroBounce , and it reveals how AI quietly helps in everyday tasks. This shows how the technology aligns with the modern home and workspace. Highlights from the research have been extracted by Digital Journal. Grocery Shopping – Smart Grocery Shopping with AI With the power of AI-powered apps , consumers can get tailored grocery lists, price comparisons, and real-time stock updates. For example: • Research shows that AI could reduce grocery prices by up to 20 percent through optimized inventory and logistics. • Within five years, an estimated 45 percent of grocery shopping tasks will be automated, thanks to AI’s ability to predict consumer needs with uncanny accuracy. Dish Washing – Efficient Cleaning Made Easy Modern dishwashers are making household chores smarter by assessing dish types and quantities and then automatically adjusting water temperature, pressure, and cycle duration for the best clean. Trends indicate: • Within the next five years, automation is expected to take over 33 percent of dishwashing tasks, making everyday life more convenient. • The dishwasher industry is projected to reach a revenue of $14.9 billion by 2030, with an annual growth rate of 7.1 percent, driven by the increasing demand for automated home appliances. Cooking – Intelligent Meal Prep AI-driven cooking systems enhance kitchen efficiency and sustainability by helping chefs optimize menu planning, forecast ingredient needs, and reduce food waste. AI can even factor in external conditions, like weather or local events, that might affect ingredient availability or customer demand. In relation to this: • Research shows that integrating AI-based systems to track waste could cut food waste by up to 30 percent within just one year. • 32 percent of cooking tasks are set to be automated in the coming years, making the kitchen much more efficient and user-friendly. Laundry – Smarter Fabric Care The integration of AI in washers and dryers ensures that detergent use and cycle settings are personalized, improving overall laundry care. Washing machine producers (Samsung, LG) state that by tailoring wash parameters to fabric specifics, AI machines ensure more efficient and gentle processes, extending garment life and reducing environmental impact. Smart machines also estimate energy and water consumption, improving efficiency. • Automation is expected to handle 29 percent of laundry tasks in the next five years, making laundry care more convenient and efficient. Pet Care – Simplified Health and Feeding Advanced pet care devices, including smart feeders and activity monitors, are transforming how we care for our pets by automating feeding schedules and tracking health. Research from the American Veterinary Medical Association highlights that more veterinarians are adopting AI tools for diagnostic imaging and managing medical records. • With these innovations, it is projected that 21% of pet care tasks will be automated in the next five years, enhancing both convenience and the quality of care for pets. Commenting on the findings to Digital Journal Liviu Tanase, CEO at ZeroBounce says: “AI is turning everyday chores into effortless experiences—whether it’s grocery shopping tailored to your preferences or dishwashing cycles optimized without a second thought. It’s all about making life easier, freeing up time, and letting people focus on what truly matters. As technology continues to evolve, it’s simplifying routines in ways we never imagined. This transformation is not just about convenience; it’s about redefining how we live and interact with the world around us”. Dr. Tim Sandle is Digital Journal's Editor-at-Large for science news.Tim specializes in science, technology, environmental, business, and health journalism. He is additionally a practising microbiologist; and an author. He is also interested in history, politics and current affairs.CM Naidu arrives in Vizag

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Sam Altman's Nuclear Startup Oklo Signs Huge Power DealQ3 Sales and operating results better than guidance Q3 Sales increase of 7% represents sequential improvement for the fifth consecutive quarter Raises full year 2024 outlook and provides fourth quarter guidance REYNOLDSBURG, Ohio, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. ("Victoria's Secret” or the "Company”) (NYSE: VSCO) today reported financial results for the third quarter ended November 2, 2024. Chief Executive Officer Hillary Super commented, "I am very encouraged by the strength of our third quarter business and the positive, early customer response to our holiday merchandise assortments. Sales increased 7% for the quarter, with mid-single digit growth in North America and 20+% growth from our International business. Our sales performance was well ahead of our expectations, and our best quarterly sales growth since 2021. Our strength for the quarter was broad based across all regions, all channels, all major merchandise categories and importantly all brands - Victoria's Secret, PINK and Adore Me - were up to last year. We won the major moments during the quarter, starting with PINK back to campus in August, followed by our VSX sport launch in September and finishing the quarter with the return of the VS Fashion Show in October. I am particularly optimistic because these results were powered by emotional products she loves and clear, elevated brand marketing and storytelling. Our strength in sales and disciplined inventory management translated to strong margins which were up to last year, and our teams continue to be relentless on controlling costs in our business. I want to thank our VS&Co team whose passion for our brands and commitment to our customers and our transformation fueled these results. It was a great quarter for me to have joined the company and a great quarter to be on the VS&Co team.” Hillary continued, "We are excited to see our momentum from the third quarter continue through Black Friday and Cyber Monday. Our merchandise offering and giftable product assortments are resonating with the customer and driving traffic both in stores and online. The strong product acceptance supported by our best-in-mall store experience and dozens of digital enhancements are driving solid conversion and basket size. As I travel with the teams, I have observed that our stores are often the busiest in the mall and am particularly impressed with how we continue to serve and engage our customers.” Third Quarter 2024 Results The Company reported net sales of $1.347 billion for the third quarter of 2024, an increase of 7% compared to net sales of $1.265 billion for the third quarter of 2023 and above our previously communicated guidance range of a net sales increase of low-single digits. Total comparable sales for the third quarter of 2024 increased 3%. The Company reported a net loss of $56 million, or $0.71 per share for the third quarter of 2024. This result compares to a net loss of $71 million, or $0.92 per share for the third quarter of 2023. Third quarter 2024 operating loss was $47 million compared to $67 million in the third quarter of 2023. Excluding the impact of the items described at the conclusion of this press release, third quarter 2024 adjusted net loss was $39 million, or $0.50 per diluted share, which was better than our previously communicated range of an adjusted net loss of $0.60 to $0.80 per share and better than last year's third quarter adjusted net loss of $66 million, or $0.86 per share. Third quarter 2024 adjusted operating loss of $28 million was favorable to our previously communicated guidance of an adjusted operating loss in the range of $40 to $60 million, and last year's third quarter adjusted operating loss of $60 million. Full Year and Fourth Quarter 2024 Outlook The Company is raising its full year outlook and is now forecasting net sales for the 52-week fiscal year 2024 to be up approximately 1% to 2%, compared to prior guidance of down approximately 1%, to a comparative 52-weeks from fiscal year 2023. The Company estimated the extra week in the fourth quarter of 2023 represented approximately $80 million in net sales. At this forecasted level of sales, adjusted operating income for fiscal year 2024 is now expected to be in the range of $315 million to $345 million, or favorable to prior guidance of $275 million to $300 million. The Company is forecasting net sales for the 13-week fourth quarter 2024 to increase approximately 2% to 4% to a comparative 13-weeks from the fourth quarter of 2023. At this forecasted level of sales, adjusted operating income for the fourth quarter of 2024 is expected to be in the range of $240 million to $270 million. Adjusted net income per diluted share for the fourth quarter of 2024 is estimated to be in the range of $2.00 to $2.30. Forecasted adjusted operating income and adjusted net income per diluted share for the fourth quarter and full year 2024 exclude the financial impact of purchase accounting items related to the Adore Me acquisition, including expense (income) related to changes in the estimated fair value of contingent consideration and performance-based payments, as well as the amortization of intangible assets. The Company is not able to provide a reconciliation of forward-looking adjusted operating income or adjusted net income per diluted share to the most directly comparable forward-looking GAAP financial measures because the Company is unable to provide a meaningful or accurate reconciliation or estimation of certain reconciling items without unreasonable effort, due to the inherent difficulty in forecasting the timing of, and quantifying, the various purchase accounting items that are necessary for such reconciliation. Quarterly Earnings Conference Call Victoria's Secret & Co. will conduct its third quarter earnings call at 8:00 a.m. Eastern on Friday, December 6, 2024. To listen, call 1-800-619-9066 (international dial-in number: 1-212-519-0836); conference ID 5358727. For an audio replay, call 1-800-839-1334 (international replay number: 1-203-369-3831); conference ID 2485654 or log onto www.victoriassecretandco.com . The materials accompanying the earnings call have been posted on the Investors section of the Company's website. The audio replay will be available approximately two hours after the conclusion of the call. About Victoria's Secret & Co. Victoria's Secret & Co. (NYSE: VSCO) is a specialty retailer of modern, fashion-inspired collections including signature bras, panties, lingerie, casual sleepwear, athleisure and swim, as well as award-winning prestige fragrances and body care. VS&Co is comprised of market leading brands, Victoria's Secret and PINK, that share a common purpose of supporting women in all they do, and Adore Me, a technology-led, digital first innovative intimates brand serving women of all sizes and budgets at all phases of life. We are committed to empowering our more than 30,000 associates across a global footprint of 1,380 retail stores in nearly 70 countries. We strive to provide the best products to help women express their confidence, sexiness and power and use our platform to celebrate the extraordinary diversity of women's experiences. Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 We caution that any forward-looking statements (as such term is defined in the U.S. Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management, or our spokespeople involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements, and any future performance or financial results expressed or implied by such forward-looking statements are not guarantees of future performance. Forward-looking statements include, without limitation, statements regarding our future operating results, the implementation and impact of our strategic plans, and our ability to meet environmental, social, and governance goals. Words such as "estimate,” "commit,” "will,” "target,” "goal,” "project,” "plan,” "believe,” "seek,” "strive,” "expect,” "anticipate,” "intend,” "continue,” "potential” and any similar expressions are intended to identify forward-looking statements. Risks associated with the following factors, among others, could affect our results of operations and financial performance and cause actual results to differ materially from those expressed or implied in any forward-looking statements: Total Net Sales (Millions): Quarter 2024 Quarter 2023 Inc/ (Dec) Date 2024 Date 2023 Inc/ (Dec) Comparable Sales Increase (Decrease): Quarter 2024 Quarter 2023 Date 2024 Date 2023 1 - Results include company-operated stores in the U.S. and Canada, consolidated joint venture stores in China and direct sales. 2 - Results include company-operated stores in the U.S. and Canada and consolidated joint venture stores in China. Total Stores: 2/3/24 Opened Closed 11/2/24

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