Victoria's Secret gains market share with strong growth and international sales surge.

Victoria's Secret & Co. is successfully turning around its business, achieving market share growth in the mature intimates category for three consecutive quarters. The bras segment has returned to annual growth, boosting traffic and sales in related categories like panties. Customer acquisition and retention are improving, with app engagement up 25% and more younger customers joining. International sales jumped 43% in Q4, and with a forward PE of 12.5x, the company shows strong potential for stock re-rating if it continues executing well.