US Stock Movement | Victoria's Secret (VSXY.US) surges over 40% at market open after raising full-year guidance across the board

On the news front, Victoria's Secret released its financial report on June 2, showing that thanks to double-digit growth in sales for its brands in the first quarter, the company has decided to raise its full-year sales and profit forecasts for fiscal year 2026. In the three months ended May 2, Victoria's Secret's net sales increased by 15% year-on-year to $1.56 billion, exceeding the market expectation of $1.52 billion, marking the company's fourth consecutive quarter of revenue growth. During the period, adjusted earnings per share reached $0.60, well above the previous market expectation of $0.30.