Victoria's Secret & Co. (NYSE:VSCO) could continue delivering strong earnings growth as sustained sales momentum supports margin expansion, according to Bank of America, which maintained its ‘Buy' rating on the retailer. Bank of America analysts wrote that recent sales trends have eased concerns about a potential slowdown following the company's first-quarter earnings beat and increased full-year guidance.
The new CEO has been a boon for the company's stock price, not least on the day she announced its new stock ticker: VSXY.
Victoria's Secret & Co.delivered strong Q1 2026 results, with 15% net sales growth and significant margin expansion. Core intimates, PINK, and Beauty all posted double-digit growth, while international sales surged and regular-price selling improved profit quality. Despite operational progress, I downgrade VSXY to hold, as much of the turnaround is already priced in and forward margin clarity is needed.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Hillary Super CEO | XMUN Exchange | US9264001028 ISIN |
| US Country | 12,000 Employees | - Last Dividend | - Last Split | 21 Jul 2021 IPO Date |
Victoria's Secret & Co. is recognized globally as a premier retailer specializing in women's intimate wear, alongside a variety of apparel and beauty products. With a rich array of offerings that cater to various aspects of casual and active lifestyles, the company has cemented itself as a lifestyle brand beyond just lingerie. Established in 2021, Victoria's Secret & Co. has its headquarters in Reynoldsburg, Ohio, illustrating its significant growth and expansion worldwide. The brand's global reach is further amplified through its strategic utilization of both traditional retail stores and modern digital platforms, enabling it to connect with a broad audience. Through franchises, licenses, and wholesale agreements, Victoria's Secret & Co. extends its presence, ensuring its products are accessible in numerous markets around the globe.
All these products are underpinned by Victoria's Secret & Co.'s commitment to quality, fashion, and empowering women, available through their flagship Victoria's Secret, PINK, and Adore Me brands. These offerings are made accessible through various channels including retail stores, dedicated websites like VictoriasSecret.com, PINK.com, and AdoreMe.com, and other digital platforms, embodying the brand's flexible and consumer-focused retail strategy.