Victoria's Secret Tops Low Q1 Estimates, Raises Full-Year Guidance After 13% Comparable Sales Growth

Victoria's Secret reported adjusted earnings per share of 60 cents for the quarter ended May 2, 2026, double the 30-cent consensus estimate compiled by LSEG. 52 billion expected by analysts. 66 million, or 2 cents per share, in the year-earlier period.

4 percent increase projected by StreetAccount. 35 billion a year earlier. The retailer said it achieved the gains with fewer promotions and gained market share, particularly among shoppers ages 18 to 24.

CEO Hillary Super said there were very consistent double-digit sales increases across Victoria's Secret, Pink, beauty channels, digital, stores and international. She noted that Supercharging bras produced double-digit comparable sales growth and that the company saw the most growth from shoppers ages 18 to 24.

Super has been with Victoria's Secret for almost two years, and her executive team has been in place for about a year.

95 billion. 99 billion. It also lifted full-year adjusted operating income guidance to between $550 million and $580 million, up more than $100 million from the previous range of $430 million to $460 million.

56 billion LSEG consensus. Finance chief Scott Sekella said the company hiked its outlook because better-than-expected sales led to stronger leverage on fixed costs and lower tariff rates after many of President Donald Trump's sweeping duties were ruled illegal. He added that trends have remained consistent into the second quarter even after tax refunds dried up.

Sekella said some customers used extra tax refund stimulus to shop at Victoria's Secret stores, but it was a normal amount. Shares of Victoria's Secret closed 47 percent higher on the day of the earnings release.