Victoria's Secret delivered an increase in adjusted operating income of more than 300% during the third and the fourth quarter of fiscal 2020. Backed by the prudent growth efforts, Victoria's Secret is now well positioned to thrive as a standalone public company and continue with its global growth momentum. Speaking of Bath & Body Works, the business continued to demonstrate growth in operating income and sales. Supported by high-speed sourcing and logistics model, Bath & Body Works has continued to adapt and evolve according to customer tastes.