Quarterly revenue reached $1.6 billion, beating estimates as comparable sales rose 13 percent under new leadership.
Victoria’s Secret reported a 15 percent jump in first-quarter sales to $1.6 billion, exceeding the 12.7 percent growth analysts expected. Comparable sales climbed 13 percent, reversing a 1 percent decline in the same period last year.
Earnings swung to $48 million, or 56 cents per share, from a $2 million loss a year earlier. Adjusted earnings per share hit 60 cents, nearly double the 32-cent consensus forecast. The results reflect broad-based growth across brands, channels, and regions.
The company raised its full-year outlook, citing momentum under CEO Hillary Super, who took over in September 2024. Activist investor Brett Blundy remains critical but acknowledged improved performance.