Movement Alert|Victoria's Secret Rises 5.09% in Regular Trading, Q1 Earnings Significantly Beat Expectations with Full-Year Guidance Raised

Market Focus06-18

On June 18, Victoria's Secret rose 5.09% in regular trading, trading at $82.825/share, with turnover of $23.89 million.

On the news front, the company previously reported fiscal Q1 results for the quarter ended May 2 that significantly exceeded market expectations. Net sales grew 15% year-over-year to $1.56 billion, with same-store sales rising 13%. Operating profit surged 280% to $76 million, while net income reached $48 million, a sharp turnaround from a $2 million loss in the prior-year period. The strong performance reflects the company's brand transformation strategy continuing to deliver results, with core category sales momentum robust and profitability materially improved. Management also raised full-year guidance, further boosting market confidence.

Within the Apparel Retail sector, the broader group traded positively. Among individual stocks, Boot Barn up 3.97%, Burlington up 2.58%, Gap up 2.27%, TJX Companies up 0.92%, Ross up 0.55%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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