Victoria's Secret Q1 2026 Earnings Beat Estimates, Stock Surges 43%
Victoria's Secret & Co. reported Q1 2026 net sales of $1.56 billion, a 15% year-over-year increase, with adjusted earnings of $0.60 per share far exceeding the $0.30 consensus. Comparable sales rose 13% across all brands and channels, and international sales surged nearly 45%. The company raised its full-year sales guidance to $7.03-$7.13 billion and adjusted operating income to $550-$580 million. Shares jumped up to 50% in premarket trading following the report.
Cross-source coverage
Wire timeline
Victoria's Secret Hits Record High as Bra Strategy Resonates
Victoria's Secret & Co. shares surged 47% to an all-time high after the company reported better-than-expected quarterly earnings and raised its annual net sales guidance to as much as $7.13 billion. The lingerie retailer posted net sales of $1.56 billion for the quarter ended May 2, exceeding analyst estimates. Comparable sales and current-quarter guidance also surpassed forecasts. The strong performance signals that CEO Hillary Super's turnaround strategy, focusing on bras and the youth-oriented Pink brand, is gaining traction. The company has posted four consecutive quarters of annual revenue growth, with bras gaining market share among 18- to 44-year-olds. Growth was strongest in under-$50,000 and over-$200,000 income brackets. The stock has nearly quadrupled over the past year. A shareholder vote on board chair Donna James is scheduled for June 11, amid pressure from investor Brett Blundy's BBRC International.
Yahoo FinanceBra Sales Power Victoria's Secret Turnaround and Shares Soar
Victoria's Secret reported a strong first-quarter performance, with net sales rising 15% to $1.56 billion and same-store sales up 13%. The company swung to a profit of $47.7 million from a loss a year earlier, beating Wall Street estimates and its own guidance. Shares surged 47% to an all-time closing high of $80.06. CEO Hillary Super attributed the turnaround to a renewed focus on bra sales, which she described as the 'stickiest' category that drives repeat purchases and cross-selling of other items. The company raised its full-year sales guidance to $7.03-$7.13 billion. The positive results come amid pressure from billionaire investor Brett Blundy, who launched a proxy fight after being denied a board seat.
Yahoo FinanceVictoria's Secret Stock Surges 43% on Strong Q1 Earnings Beat
Victoria's Secret (NYSE: VSXY) stock soared 43.2% on June 2, 2026, after reporting Q1 2026 earnings that significantly exceeded analyst expectations. The company earned $0.60 per share (non-GAAP) on sales of $1.56 billion, compared to consensus estimates of $0.32 per share on $1.52 billion in sales. Q1 sales jumped 15% year-over-year, with same-store sales growing 13% across its Victoria's Secret, PINK, and Beauty brands. GAAP earnings were $0.56 per share, reversing a loss of $0.02 per share in the prior year. Management guided Q2 sales to approximately $1.6 billion (nearly 10% growth) and raised full-year sales guidance to around $7.1 billion. Adjusted operating income is expected between $550 million and $580 million, implying potential earnings of roughly $6.66 per share, a significant improvement over last year's $1.93 per share GAAP earnings.
Yahoo FinanceVictoria's Secret Reports Blowout Q1 Earnings, Lifts Full-Year Guidance
Victoria's Secret & Co. reported much stronger-than-expected first quarter results for 2026, with earnings and revenue significantly exceeding Wall Street estimates. Net sales reached $1.56 billion, up 15.3% year-over-year, while adjusted earnings per share came in at $0.60, well above the $0.29-$0.32 analyst consensus. Comparable sales rose 13%. The company swung from a net loss of $2 million in Q1 2025 to net income of $48 million. Operating income surged to $76 million from $20 million. Following the strong quarter, Victoria's Secret raised its full-year 2026 outlook, now expecting net sales between $7.03 billion and $7.13 billion and adjusted earnings of $4.35 to $4.60 per share. CEO Hillary Super cited broad-based growth across Victoria's Secret, PINK, and Beauty brands, along with customer acquisition gains and full-price selling momentum. Shares surged up to 50% following the report.
Yahoo FinanceVictoria's Secret Reports Blowout Q1 Earnings, Lifts Full-Year Guidance
Victoria's Secret & Co. reported much stronger-than-expected first-quarter results for 2026, with net sales of $1.56 billion (up 15.3% year-over-year) and adjusted EPS of $0.60, significantly above analyst expectations of $0.29-$0.32. Comparable sales rose 13%. Operating income surged to $76 million from $20 million a year earlier. The company raised its full-year 2026 outlook, now expecting net sales between $7.03 billion and $7.13 billion and adjusted earnings of $4.35-$4.60 per share. CEO Hillary Super cited broad-based growth across Victoria's Secret, PINK, and Beauty brands, along with customer acquisition gains and full-price selling momentum. Jefferies analysts highlighted margin expansion, reduced promotional activity, and sustainable growth trajectory. Shares surged up to 50% following the report.
Yahoo FinanceVictoria's Secret Shares Jump After Strong Quarterly Results and Upgraded Outlook
Victoria's Secret & Co. reported first-quarter results that significantly exceeded market expectations, with adjusted earnings of $0.60 per share versus the $0.32 consensus estimate. Revenue rose 15% year-over-year to $1.56 billion, surpassing the $1.52 billion forecast. The company delivered its fourth consecutive quarter of positive comparable sales growth at 13%. Operating income of $76 million far exceeded the company's guidance range of $32-$42 million. CEO Hillary Super highlighted broad-based strength across Victoria's Secret, PINK, and Beauty segments. Following the strong performance, the company raised its full-year revenue outlook to $7.03-$7.13 billion and adjusted operating income forecast to $550-$580 million. Shares jumped in premarket trading, amplified by high short interest of approximately 19.1%.
Yahoo FinanceVictoria's Secret Q1 2026 Earnings Beat Estimates, Raises Full-Year Guidance
Victoria's Secret & Co. reported strong fiscal first-quarter 2026 results on June 2, with net sales of $1.56 billion, a 15% increase year-over-year, and adjusted earnings per share of 60 cents, well above the 30-cent consensus estimate. Comparable sales rose 13%, marking the fourth consecutive quarter of positive comps, with double-digit growth across all brands (Victoria's Secret, PINK, Beauty) and channels (stores, direct, international). International sales surged nearly 45% to $287.4 million. The company raised its full-year sales guidance to $7.03-$7.13 billion and adjusted operating income to $550-$580 million. CFO Scott Sekella attributed the upgrade to better-than-expected Q1 sales and reduced tariff exposure after courts struck down some import duties. CEO Hillary Super's strategy of reducing discounting and focusing on brand identity drove market-share gains among 18-to-24-year-olds. Victoria's Secret stock rose about 40% in premarket trading.
Yahoo FinanceVictoria's Secret Q1 2026 Earnings Beat Estimates, Raises Full-Year Guidance
Victoria's Secret & Co. reported first-quarter net sales of $1.56 billion for fiscal Q1 2026, a 15% year-over-year increase, significantly beating analyst expectations. The company posted net income of $47.7 million (56 cents per diluted share) compared to a net loss a year earlier. Adjusted earnings of 60 cents per share far exceeded the 30-cent consensus estimate. Comparable sales rose 13%, marking the fourth consecutive quarter of positive comps, with double-digit growth across all brands (Victoria's Secret, PINK, Beauty) and channels. International sales surged nearly 45% to $287.4 million. The company raised its full-year sales guidance to $7.03-$7.13 billion and adjusted operating income to $550-$580 million. CFO Scott Sekella attributed the improved outlook to stronger-than-expected Q1 sales and reduced tariff exposure after courts struck down some Trump-era import duties. CEO Hillary Super's strategy of reducing discounting and focusing on brand identity drove double-digit new customer acquisition, especially among 18-24 year olds. Victoria's Secret stock rose about 40% in premarket trading.
Yahoo Finance