Victoria's Secret Q1 earnings beat estimates, shares jump 50%, raises full-year guidance

Victoria's Secret reported strong Q1 2026 results with net sales of $1.56 billion, a 15.3% increase year-over-year, surpassing analyst expectations. Adjusted earnings per share reached $0.60, nearly double estimates, and operating income rose significantly. The company raised its full-year 2026 sales outlook to $7.03-$7.13 billion and adjusted EPS guidance to $4.35-$4.60, citing broad growth across its brands and strong customer acquisition. This robust performance and raised guidance signal confidence in continued momentum and profitability.