Victoria’s Secret & Co. (NYSE:VSCO) Issues Q1 2026 Earnings Guidance

Victoria’s Secret & Co. (NYSE:VSCO) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 0.200-0.300 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.4 billion. Victoria’s Secret & Co. also updated its FY 2026 guidance to 3.200-3.450 EPS.

Victoria’s Secret & Co. Stock Performance

Shares of NYSE VSCO traded down $7.21 during mid-day trading on Thursday, hitting $52.80. The company had a trading volume of 2,177,778 shares, compared to its average volume of 1,831,684. The stock has a market cap of $4.24 billion, a price-to-earnings ratio of 25.76, a PEG ratio of 2.29 and a beta of 2.19. Victoria’s Secret & Co. has a 12 month low of $13.76 and a 12 month high of $66.89. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.30 and a quick ratio of 0.38. The firm’s 50 day simple moving average is $59.56 and its two-hundred day simple moving average is $42.89.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings data on Thursday, March 5th. The company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.46 by $0.31. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The firm had revenue of $2.27 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the prior year, the business earned $2.60 EPS. The firm’s revenue was up 7.8% on a year-over-year basis. Victoria’s Secret & Co. has set its Q1 2026 guidance at 0.200-0.300 EPS and its FY 2026 guidance at 3.200-3.450 EPS. As a group, equities research analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on VSCO shares. Guggenheim began coverage on shares of Victoria’s Secret & Co. in a report on Tuesday, December 9th. They issued a “neutral” rating on the stock. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $34.00 to $60.00 in a research report on Friday, December 5th. Weiss Ratings upgraded shares of Victoria’s Secret & Co. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Zacks Research cut Victoria’s Secret & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Finally, Morgan Stanley upgraded Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price objective for the company in a research report on Friday, December 5th. Seven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $59.00.

Key Headlines Impacting Victoria’s Secret & Co.

Here are the key news stories impacting Victoria’s Secret & Co. this week:

• Positive Sentiment: Q4 earnings and revenue beat consensus — VSCO reported $2.77 EPS and $2.27B revenue, both above analyst estimates, signaling stronger profitability and top‑line execution. Victoria’s Secret (VSCO) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised guidance materially — FY2026 EPS was guided to $3.20–3.45 (vs. ~2.82 consensus) and revenue to ~$6.9–7.0B (vs. ~6.6B consensus); Q1 EPS guided to $0.20–0.30 (vs. ~0.09 consensus). This ups the company’s growth trajectory and investor expectations. Victoria’s Secret & Co. Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Comparable‑sales momentum and brand turnaround — the company posted its best streak of comparable‑sales growth in four years as shoppers returned to the Pink brand; CEO Hillary Super emphasized the strategy is working. That supports sustained sales improvement. Victoria’s Secret posts longest sales growth streak in four years as shoppers return to Pink brand
• Positive Sentiment: Street momentum — at least one sell‑side note (Barclays coverage) is projecting strong upside for the stock, which can support further buying interest. Barclays Forecasts Strong Price Appreciation for Victoria’s Secret & Co. (NYSE:VSCO) Stock
• Neutral Sentiment: Company disclosures and presentation — the press release, slide deck and earnings materials provide more detail on margin drivers and channel performance; useful for modeling but not new directional news by themselves. View Press Release / Slide Deck
• Negative Sentiment: Execution bar and valuation risk — raised guidance lifts expectations (and the stock) but also increases the risk of disappointment if trends slow; the stock trades at elevated multiples and with a high beta, and the company has leverage on its balance sheet, which investors should monitor. (Background metrics: P/E ~27.5, PEG ~2.3, beta ~2.2, D/E ~1.96.)

Institutional Investors Weigh In On Victoria’s Secret & Co.

Institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC lifted its stake in Victoria’s Secret & Co. by 29.6% during the fourth quarter. Corient Private Wealth LLC now owns 20,272 shares of the company’s stock valued at $1,098,000 after buying an additional 4,629 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Victoria’s Secret & Co. during the fourth quarter valued at approximately $656,000. Summit Global Investments acquired a new stake in shares of Victoria’s Secret & Co. during the fourth quarter valued at approximately $408,000. State of Tennessee Department of Treasury lifted its position in shares of Victoria’s Secret & Co. by 5.4% in the 4th quarter. State of Tennessee Department of Treasury now owns 34,493 shares of the company’s stock valued at $1,880,000 after acquiring an additional 1,771 shares in the last quarter. Finally, Mackenzie Financial Corp acquired a new position in Victoria’s Secret & Co. in the 4th quarter worth approximately $237,000. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Victoria’s Secret & Co. Company Profile

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.