ET 07:37

Victoria’s Secret (VSCO) Q1 Sales Jump 15.3%, Topping Estimates; Stock Rises

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Earnings

Victoria’s Secret & Co. (NYSE: VSCO) reported first-quarter 2026 results that surpassed Wall Street’s revenue and profit expectations, pushing shares up 1.6% to $55.18 on June 2, 2026. The intimate apparel and beauty retailer posted sales of $1.56 billion, a 15.3% increase from a year earlier and 2.6% above analysts’ consensus. Non-GAAP earnings per share of $0.60 nearly doubled the $0.32 estimate. The company forecast second-quarter revenue at approximately $1.60 billion, exceeding the $1.56 billion consensus, and raised its full-year sales guidance. Same-store sales rose 13% year-over-year, marking a fourth consecutive quarter of positive comparable sales and accelerating from the two-year average of 4.6%. Management cited product innovation and expanded customer acquisition driving growth across Victoria’s Secret, PINK, and Beauty categories. The results continue momentum from late 2025, reflecting the turnaround strategy under CEO Hillary Super after the company’s spin-off from L Brands in 2020.

EditorWong Mei Ling