Can Victoria's Secret Keep PINK Growing After Five Strong Quarters?

Victoria's Secret & Company (VSXY) reported that its PINK brand achieved high-single-digit growth for the fifth consecutive quarter, driven by strong performance in bras, panties, and apparel. The Marshmallow bra launch generated outsized results, and apparel has grown for eight consecutive quarters. Management expects intimates and apparel to reach a 50-50 mix over time, with significant growth opportunities ahead.