Victoria's Secret Reports Strong Q1 Results Driven by Bra Sales
Victoria's Secret reported a strong first-quarter performance with sales up 15% and same-store sales rising 13%. The company swung to profit, exceeding Wall Street estimates which led to shares surging over 35% in premarket trading. CEO Hillary Super attributed the success largely to new bra launches that drove customer engagement.
Tickers: $VSCO
Topics: fashion financial_performance retail