Victoria’s Secret Reports Q2 Non-GAAP EPS Beat, Revenue Miss
In its second-quarter earnings report for fiscal year 2026, Victoria's Secret (VSXY:NYSE) reported a non-GAAP earnings per share of $0.95, which exceeded analysts' expectations by $0.18. However, the company’s revenue came in at $1.61 billion, missing estimates by $10 million despite showing year-over-year growth of 10.3%. Total comparable sales for Q2 increased by 9%, indicating strong performance in same-store sales. The mixed results reflect both positive and negative market signals: the earnings beat suggests improved profitability or cost management, while the revenue miss may signal challenges with demand or pricing strategies. In response to these outcomes, VS&Co has raised its full-year net sales guidance for 2026.
Tickers: $VSCO