Victoria's Secret

VSXY

Market cap $5.8B

Victoria's Secret & Co. NYSE: VSXY just executed a textbook operational turnaround, crushing first-quarter analyst estimates and triggering a violent short squeeze that punished overextended institutional bears.

Victoria's Secret has delivered one of its strongest quarterly performances in years, signaling that the retailer's ongoing transformation efforts may finally be gaining traction in an increasingly competitive lingerie market.

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Lingerie retailer's shares were up 47% on Tuesday.

Victoria's Secret & Co. surged 46.7% after reporting stellar Q1 2026 results and significantly raising 2026 guidance. VSXY's growth is driven by international partner-operated locations, double-digit comparable sales, and a successful shift away from heavy promotions. Profitability improved sharply, with EPS rising from -$0.02 to $0.56 and adjusted net profit to $50.5 million, both beating expectations.

Victoria's Secret's embrace of its sexy roots powered strong sales and a huge spike in its stock on Tuesday — a turnaround from weak profits blamed on its doomed attempt at going woke. A strong earnings report drove the company's stock 48% higher as of Tuesday afternoon.

Victoria's Secret & Co. (NYSE:VSCO) reported much stronger-than-expected first quarter results, with earnings and revenue topping Wall Street estimates and the company raising its full-year outlook. Shares surged as much as 50% following the report, briefly trading above $80 per share.

This morning we see Alphabet (GOOGL) raising $80 billion to finance more AI investment.

Victoria's Secret stock soars after the company raises its fiscal-year guidance and posts better-than-expected first-quarter earnings and revenue.

Victoria's Secret & Co. NYSE: VSCO reported a stronger-than-expected first quarter of fiscal 2026, with management citing broad-based growth across Victoria's Secret, PINK and Beauty, stronger customer acquisition and benefits from a more disciplined promotional strategy.