Victoria's Secret Crushed the Quarter, But These Wall Street Analysts Think the Excitement May Be Overdone
2026-06-04 09:31:42 ET
Victoria's Secret (NYSE:VSCO) is a large, well-known retailer that sells women's clothing and lingerie. It has been working on a business turnaround for several years. And it seems like investors think that the turnaround has happened after the company reported first-quarter 2026 earnings. But Wall Street analysts from Jefferies and UBS think the stock has moved too far, too fast. They might be right.
To be fair, Victoria's Secret had a very strong first quarter in 2026, despite consumers becoming increasingly budget-conscious. The retailer's sales rose 15%, exceeding management's guidance. Same-store sales growth was also impressive, at 13%. Earnings per share was $0.56, up from a loss of $0.02 per share in the first quarter of 2025.
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