Victoria's Secret jumps after raising annual forecasts

Victoria's Secret & Co.

02/06/2026 15:15

Updates
** Shares of Victoria's Secret VSXY.N surge as much as 49.5% to a record high of $81.20 
** Stock set for best day on record, if gains hold
** Co raises annual sales and profit forecasts, betting on strong demand for its brands including Victoria's Secret, PINK, and Beauty
** Expects annual net sales in the range of $7.03 billion to $7.13 billion vs previous forecast of $6.85 billion to $6.95 billion
** Sees annual adjusted operating income between $550 million and $580 million vs previous range of $430 million to $460 million
** Reports Q1 net sales of $1.56 billion vs analysts' estimate of $1.52 billion- data compiled by LSEG 
** Logs Q1 adjusted EPS of 60 cents vs estimates of 30 cents 

 (Reporting by Koyena Das in Bengaluru)
 ((koyena.das@thomsonreuters.com))