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Victoria's Secret Shares Climb More Than 40% as Lingerie Retailer Lifts Outlook

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Victoria's Secret Shares Climb More Than 40% as Lingerie Retailer Lifts Outlook

Victoria's Secret (VSXY) shares soared more than 40% in Tuesday trading as the lingerie retailer raised its full-year sales and earnings guidance.

Fiscal 2026 sales are now pegged at $7.03 billion to $7.13 billion, up from $6.85 billion to $6.95 billion previously expected. The FactSet-polled consensus indicates $6.96 billion. Victoria's Secret anticipates adjusted earnings of $4.35 to $4.60 per share, compared with an earlier guidance of $3.20 to $3.45. Analysts expect $3.48 per share.

The stock, which changed its ticker from VSCO on Tuesday, surged 44% intraday.

"We are increasingly confident in the trajectory of the business," Chief Executive Hillary Super said in a statement.

For the second quarter, Victoria's Secret expects sales in the range of $1.59 billion to $1.62 billion and adjusted EPS between $0.65 and $0.75. Consensus estimates point to $1.56 billion and $0.41, respectively.

The company's' adjusted EPS climbed to $0.60 in the first quarter that ended May 2 from $0.09 a year earlier. Sales jumped 15% to $1.56 billion, as comparable sales grew 13%.

"We drove double-digit sales growth across Victoria's Secret, PINK, and Beauty, as well as our fourth consecutive quarter of positive comps," Super said.

Price: $78.04, Change: $+23.74, Percent Change: +43.72%

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