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flag Victoria's Secret postpones earnings report after a ransomware attack hit its IT systems.

flag Victoria's Secret has postponed its quarterly earnings report due to a recent security breach affecting its IT systems, which led to a temporary shutdown of its U.S. website and impacted some in-store services. flag First detected on May 24, the incident, believed to be a ransomware attack, is part of a trend of increasing cyberattacks on retailers. flag Despite the breach, preliminary financial results show net sales of $1.35 billion and an adjusted EPS of $0.09, both exceeding previous guidance.

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