Victoria’s Secret reported Q1 net sales of $1.56 billion for fiscal 2026, a 15.3% increase year-on-year (YoY), while operating income surged to $76 million from $20 million. The company raised its full-year net sales guidance to $7.03 billion–$7.13 billion. CEO Hillary Super cited double-digit growth across Victoria’s Secret, Pink, and Beauty — the fourth consecutive quarter of positive comparable sales. For Q2, the company expects operating income of $90 million–$100 million and net sales of $1.59 billion–$1.62 billion. Victoria’s Secret operates over 1,420 retail stores in about 70 countries.

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