Victoria's Secret Shareholders Re-elect All Board Members
Victoria's Secret announced that, based on the preliminary voting results at the Company's 2026 Annual Meeting of Shareholders, shareholders voted to re-elect all nine of VS&Co's director nominees, including Independent Chair Donna James, to the Company's Board of Directors. The preliminary results indicate James received the approval of over 99% of the votes cast, excluding the votes cast by BBRC International, which waged a proxy contest against the re-election of James and voted against all Company director nominees other than CEO Hillary Super. As a percentage of all votes cast, James was re-elected with over 83% approval. Each of the Company's other director nominees received the approval of at least 96% of the votes cast excluding votes cast by BBRC, or at least 81% of all votes cast. VS&Co issued the following statement: "We thank shareholders for their overwhelming support in electing all nine of the Company's director nominees. Today's outcome is a decisive statement of support for the current Board leadership from VS&Co's shareholders. It also recognizes the substantial progress, outperformance and value creation delivered under the Path to Potential strategy and reaffirms shareholder confidence in our Board's continued oversight of that strategy. With strong momentum across the business, including recent first quarter 2026 results that significantly exceeded top- and bottom-line guidance, we are confident VS&Co is well positioned for long-term success. We appreciate the engagement and support of our shareholders and remain focused on executing our Path to Potential strategy and building on the progress we have achieved to date."
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- Strong Performance Outlook: Victoria's Secret & Co. (VSXY) holds a #1 (Strong Buy) rating in the Zacks Rank, with a projected year-over-year growth rate of 53.7% for the current fiscal year, indicating strong growth potential that attracts growth investors' attention.
- Expert Stock Picks: Five Zacks experts have each selected their favorite stocks expected to skyrocket by 100% or more in the coming months, further boosting investor confidence, especially in the context of the current market pullback.
- Stock Recommendations: Bank of America has identified several stocks, including Williams-Sonoma, Jabil, Kroger, Celsius Holdings, and Victoria's Secret, that are well-positioned to perform during market uncertainty, reflecting strong confidence in their potential.
- Kroger's Positive Outlook: Despite Kroger's shares dropping over 7% in 2026, analyst Robert Ohmes remains optimistic about its growth prospects, citing the company's expansion into e-commerce and improved store execution as key drivers, maintaining a price target of $85.
- Williams-Sonoma's Recovery: Analyst Christopher Nardone upgraded Williams-Sonoma from neutral to buy, highlighting its 'affordable luxury' positioning that targets core customers with approximately $150K household income, suggesting significant margin growth potential ahead.
- Victoria's Secret Growth Potential: Victoria's Secret is projected to achieve a 10% EBIT margin by 2028, with analyst Mary Sport noting that remodeled stores are seeing significant sales increases, indicating a strong runway for mid-to-high teens EPS growth in the coming years.
- Shareholder Confidence: At its 2026 annual meeting, Victoria's Secret shareholders re-elected all nine director nominees, indicating strong confidence in the board's leadership, which led to a roughly 2% increase in share price.
- High Support for Chair: Independent Chair Donna James received over 99% support when excluding votes from BBRC International, which opposed her re-election; overall, she secured more than 83% approval, reflecting shareholder endorsement of her leadership.
- Strong Performance of Other Nominees: The company reported that each of its other director nominees received at least 96% approval excluding BBRC votes and at least 81% of all votes cast, indicating a high level of support for the board as a whole.
- Strategic Support and Future Outlook: The voting results demonstrate shareholder backing for the board and its
- Strong Shareholder Support: At the 2026 Annual Meeting, all nine nominees for Victoria's Secret Board received over 99% shareholder approval, reflecting robust trust and backing for the current board leadership.
- Independent Chair's Strong Performance: Independent Chair Donna James garnered over 83% support in the voting, despite opposition from BBRC, highlighting her significant role and influence in corporate governance.
- Increased Confidence in Strategy Execution: The company has made substantial progress under its 'Path to Potential' strategy, with first-quarter results exceeding expectations, further bolstering shareholder confidence in long-term success and indicating sustained competitive strength in the market.
- Final Results Pending Confirmation: While preliminary results show strong backing, the final voting outcomes are subject to certification by an independent inspector of elections, with plans to report through an 8-K filing to the SEC, ensuring transparency and compliance.
- Ulta's Strong Performance: Ulta Beauty reported Q1 sales of $3.16 billion, an 11% year-over-year increase that surpassed estimates of $3.11 billion, with adjusted EPS of $7.74 exceeding expectations of $6.90, showcasing the effectiveness of its omnichannel strategy and dominant market position.
- Victoria's Secret Turnaround: Victoria's Secret achieved Q1 EPS of $0.60, more than double the consensus estimate of $0.29, with revenue of $1.55 billion beating expectations of $1.52 billion, indicating successful core category focus and improved marketing effectiveness driving demand resurgence.
- Five Below's Continued Growth: Five Below's Q1 EPS soared 158% to $2.22, with sales exceeding $1.28 billion, surpassing estimates, reflecting strong customer demand for its value-oriented merchandise and the positive impact of new store openings.
- Retail Sector Trends: The retail earnings season highlights that companies with strong brands and effective execution are thriving, as Ulta, Victoria's Secret, and Five Below all exceeded earnings expectations and raised full-year guidance, presenting attractive investment opportunities.










