Shares of Victoria’s Secret (VSCO) fell Tuesday, extending 2025 declines, after the intimate apparel company disclosed a technology-related “security incident” it said could affect its financial performance.

The company provided preliminary Q1 results, but a shutdown of its website during “retail’s all-important Memorial Day weekend” was a “significant problem,” according to analysts.

The apparel chain took its e-commerce operation offline for three days last week. Its stock has taken a dive this year.