Victoria’s Secret shares soar as turnaround efforts fuel forecast upgrade

Victoria’s Secret shares surged to a record high on Tuesday after the lingerie retailer raised its annual outlook following double-digit quarterly revenue growth across its brands.
Shares in the business jumped around 50 per cent earlier in the session, putting the company on track for its strongest day on record, before trading 40 per cent higher at $75.61. The stock had earlier hit a record high of $81.28.
The rally came after Victoria’s Secret lifted its fiscal 2026 net sales fore