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

Victoria’s Secret & Co. (NYSE:VSCO) updated its first quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 0.200-0.300 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

Several analysts have recently issued reports on VSCO shares. Bank of America raised shares of Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price target on the stock in a research report on Monday, December 8th. Weiss Ratings upgraded shares of Victoria’s Secret & Co. from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, February 6th. Morgan Stanley upgraded shares of Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price target for the company in a research note on Friday, December 5th. Wells Fargo & Company set a $45.00 price objective on Victoria’s Secret & Co. and gave the stock an “equal weight” rating in a research report on Tuesday, December 16th. Finally, Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Six analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $62.11.

Victoria’s Secret & Co. Price Performance

Shares of VSCO opened at $52.45 on Friday. The firm has a market capitalization of $4.21 billion, a price-to-earnings ratio of 25.59, a PEG ratio of 2.21 and a beta of 2.19. The firm’s fifty day simple moving average is $59.53 and its 200-day simple moving average is $42.96. Victoria’s Secret & Co. has a twelve month low of $13.76 and a twelve month high of $66.89. The company has a current ratio of 1.30, a quick ratio of 0.38 and a debt-to-equity ratio of 1.96.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its earnings results on Thursday, March 5th. The company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.48 by $0.29. 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 for the quarter, compared to analyst estimates of $2.22 billion. During the same quarter in the prior year, the company posted $2.60 earnings per share. Victoria’s Secret & Co.’s revenue for the quarter was up 7.8% compared to the same quarter last year. 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. Equities analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Key Victoria’s Secret & Co. News

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

• Positive Sentiment: Q4 earnings and revenue beat consensus — VSCO reported adjusted EPS roughly $2.77 and revenue of ~$2.27B, topping expectations and showing comparable-sales growth. This is the primary driver of the bullish case that the turnaround is working. Victoria’s Secret & Co. Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Raise in FY2026 and Q1 guidance — management issued FY26 EPS of $3.20–3.45 (above consensus) and Q1 EPS of $0.20–0.30, plus higher revenue outlook, signaling confidence in continued sales and margin expansion. That guidance is a strong forward-looking positive for earnings expectations. Victoria’s Secret & Co. Reports 2025 Fourth Quarter and Full Year Results
• Positive Sentiment: Momentum across brands and channels — management highlighted a multi-quarter sales rebound (Pink brand strength cited) and cited the company’s turnaround strategy as working, supporting the case for ongoing comp growth and margin recovery. Victoria’s Secret posts longest sales growth streak in four years as shoppers return to Pink brand
• Neutral Sentiment: Investor materials and conference call available — the earnings slide deck and full earnings call transcript were published; these contain details on channel trends, international plans and margin drivers for deeper diligence. Q4 2025 Earnings Call Transcript
• Negative Sentiment: DailyLook operating income declined and the company initiated a strategic review — VSCO said DailyLook’s operating income fell, prompting a strategic review of the brand; investors often react negatively to asset reviews because they can signal underperformance or potential one-time charges. Victoria’s Secret Initiates Strategic Review of DailyLook Amid Q4 Results
• Negative Sentiment: Shares sold off despite the beat — several outlets noted the stock dropped after the report, suggesting either profit-taking, concerns about the DailyLook issue, or that the stronger guidance was already priced in. That market reaction explains downward pressure even with positive fundamentals. VSCO Stock Slides Despite Crushing Q4 Earnings Expectations

Hedge Funds Weigh In On Victoria’s Secret & Co.

Hedge funds have recently added to or reduced their stakes in the stock. DV Equities LLC acquired a new stake in Victoria’s Secret & Co. during the fourth quarter worth approximately $49,000. Kestra Advisory Services LLC purchased a new position in shares of Victoria’s Secret & Co. in the 4th quarter valued at $78,000. Smartleaf Asset Management LLC grew its position in shares of Victoria’s Secret & Co. by 11.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,935 shares of the company’s stock valued at $106,000 after buying an additional 199 shares during the last quarter. Quantbot Technologies LP acquired a new stake in Victoria’s Secret & Co. during the 3rd quarter worth $53,000. Finally, Aster Capital Management DIFC Ltd lifted its position in Victoria’s Secret & Co. by 158.4% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,817 shares of the company’s stock valued at $153,000 after acquiring an additional 1,727 shares during the last quarter. 90.29% of the stock is currently owned by hedge funds and other institutional investors.

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.