Victoria’s Secret Director Steps Down Amid Proxy Contest

Victoria’s Secret ( (VSCO) ) has provided an announcement.

On May 10, 2026, Victoria’s Secret disclosed that director Mariam Naficy has chosen not to stand for re-election at the company’s annual meeting scheduled for June 11, 2026, citing near-term professional commitments and the demands of engaging with BBRC International’s proxy contest launched on May 4, 2026. Her decision, which the company stated did not stem from any disagreement over operations or governance, leads to the withdrawal of her nomination and a planned reduction in board size from ten to nine directors immediately after the annual meeting, signaling a modest governance adjustment amid an active proxy environment.

The most recent analyst rating on (VSCO) stock is a Buy with a $57.00 price target. To see the full list of analyst forecasts on Victoria’s Secret stock, see the VSCO Stock Forecast page.

Spark’s Take on VSCO Stock

According to Spark, TipRanks’ AI Analyst, VSCO is a Neutral.

The score is held back primarily by elevated leverage and weak technical momentum (price below key moving averages with negative MACD). Offsetting factors include improving cash generation and a broadly positive earnings call with higher FY26 guidance, while valuation (P/E ~28) offers limited downside support without a dividend.

To see Spark’s full report on VSCO stock, click here.

More about Victoria’s Secret

Victoria’s Secret & Co. operates in the intimates and apparel industry, focusing on lingerie, sleepwear, and related lifestyle products. The company targets primarily female consumers and maintains a significant presence in the global retail market through both physical stores and e-commerce channels.

Average Trading Volume: 2,294,581

Technical Sentiment Signal: Buy

Current Market Cap: $3.87B

For a thorough assessment of VSCO stock, go to TipRanks’ Stock Analysis page.