Victoria's Secret Q1 2026 earnings beat, raises full-year guidance
Key takeaways
- Victoria's Secret Q1 2026 earnings beat, raises full-year guidance Quartz · Mario Tama / Getty Images Cris Tolomia Tue, June 2, 2026 at 6:37 PM GMT+7 2 min read VSCO Victoria s Secret & Co.
- For the fiscal first quarter ending May 2, Victoria s Secret earned $47.7 million in net income, translating to 56 cents per diluted share;
- Comparable sales rose 13% during the quarter, the company s fourth consecutive period of positive comps.
Victoria's Secret Q1 2026 earnings beat, raises full-year guidance Quartz · Mario Tama / Getty Images Cris Tolomia Tue, June 2, 2026 at 6:37 PM GMT+7 2 min read VSCO Victoria s Secret & Co. reported first-quarter net sales of $1.56 billion on Tuesday, a 15% increase from a year earlier, and raised its full-year guidance for both sales and adjusted operating income.
For the fiscal first quarter ending May 2, Victoria s Secret earned $47.7 million in net income, translating to 56 cents per diluted share; a year ago, the company posted a net loss of $1.66 million, or 2 cents per diluted share. After stripping out one-time restructuring charges, the company s adjusted earnings came to 60 cents per share, well above the 30-cent consensus estimate, while its $1.56 billion in revenue cleared the $1.52 billion analysts had forecast, according to CNBC.
Comparable sales rose 13% during the quarter, the company s fourth consecutive period of positive comps. The company said double-digit growth was recorded across its Victoria s Secret, PINK, and Beauty brands, as well as across stores, direct, and international channels. International sales rose nearly 45% to $287.4 million.