Victoria’s Secret & Co. (NYSE:VSXY) stock rose Thursday after the lingerie retailer reported first-quarter fiscal 2026 results that topped Wall Street expectations and raised its full-year outlook.

Victoria’s Secret Earnings Beat Expectations

The company reported adjusted earnings of 60 cents per share, beating analysts' estimates of 30 cents per share. Revenue increased 15% year over year to $1.56 billion, ahead of the consensus estimate of $1.52 billion.

Total comparable sales climbed 13% during the quarter, reflecting broad-based strength across the business.

By segment, North America store sales increased 11.3% year over year to $802.8 million, direct sales rose 8.4% to $469.4 million, and international sales surged 44.9% to $287.4 million.

During the earnings call, Chief Executive Officer Hillary Super said the ...