Shares of Victoria's Secret (VSCO) slipped more than 5% in after-hours trading on Wednesday, even as the lingerie and cosmetics retailer topped Wall Street expectations on fourth-quarter earnings.

Victoria's Secret (VSCO) came out with quarterly earnings of $2.60 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.58 per share a year ago.