Victoria’s Secret (ticker: VSXY) has reported a significant turnaround in its performance, posting a 15% increase in net sales to $1.56 billion for the first quarter of fiscal 2026, along with a 13% rise in comparable sales. The company also shifted to a net income of $47.7 million, marking its fourth consecutive quarter of positive comparable sales. This turnaround follows a strategic rebranding under CEO Hillary Super, which included a change in ticker from VSCO to VSXY.
As part of its growth strategy, Victoria’s Secret is aiming for net sales between $7.03 billion and $7.13 billion for the full year, up from previous guidance of $6.85-$6.95 billion. The adjusted operating income forecast has also increased to $550-$580 million from $430-$460 million. Analyst estimates have risen substantially, with the Zacks Consensus Estimate for fiscal 2026 earnings per share now at $4.61, reflecting a year-over-year growth of approximately 53.7%.
The company is also modernizing its retail presence, targeting 45% of stores to adopt a “store of the future” format by year-end, and expanding its international reach, where sales surged nearly 45% in the first quarter. As a result of these positive trends, Victoria’s Secret ranks as a Zacks #1 (Strong Buy) stock and is positioned well for continued growth within the apparel retail industry.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
