On June 8, Victoria's Secret rose 5.34% in regular trading, trading at $78.49/share with trading volume of $38.21 million, as shares continued to build on the momentum following the company's blowout first-quarter earnings released on June 2.
The company reported Q1 FY2026 net sales of $1.56 billion, up 15% year-over-year and exceeding market expectations of $1.52 billion. Adjusted earnings per share came in at $0.60, nearly double the analyst consensus of $0.32. Net income swung to $47.7 million from a $2 million loss in the prior-year period, marking the fourth consecutive quarter of positive comparable sales growth at 13%.
All three business segments — Victoria's Secret, PINK, and Beauty — delivered double-digit sales growth. CEO Hillary Super noted the gains were achieved with significantly reduced promotional activity, with particular strength among the 18-to-24-year-old demographic. The company raised full-year net sales guidance to $7.03-7.13 billion from $6.85-6.95 billion, and lifted adjusted operating income guidance to $550-580 million from $430-460 million, driven by operating leverage and tariff mitigation efforts that reduced projected tariff impact from $160 million to approximately $40 million.
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