Victoria's Secret shares soar 300% in a year ahead of Q2 earnings release on Sept 3

Victoria's Secret is set to announce its Q2 earnings on September 3, with its shares having surged over 300% in the past year. The company's modest growth in its bra segment is positively impacting related categories like panties and sleepwear, attracting new customers and boosting overall sales. Despite the strong performance, the stock is currently considered fairly valued at its trading levels. Investors will be watching the upcoming earnings report closely to gauge if the momentum can continue.