Victoria's Secret & Co Reports Strong Q2 Earnings Exceeding Guidance
Victoria's Secret & Company (VSXY) reported strong financial results for the second quarter of fiscal year 2026, with net sales rising by 10% year-over-year and both operating income and earnings per share surpassing guidance. The company noted five consecutive quarters of positive comparable store sales growth, reflecting ongoing progress in its strategic transformation under CEO Hillary Super. The firm highlighted continued momentum across all brands—Victoria's Secret, PINK, and beauty—and across multiple channels, including international markets. Customer acquisition and retention improved significantly with mid-single-digit growth in the customer file for four consecutive quarters. Regular price selling increased by low double digits, supported by strong unit sales and average unit retail (AUR) gains. Key areas of strength included the bra business, which grew at a mid-teens rate due to core product performance and innovation, as well as PINK's continued traction under its Path to Potential strategy. The company remains focused on transforming Victoria’s Secret into two distinct world-class brands supported by a strong beauty segment.
Tickers: $VSCO
Topics: Conference Call Earnings Victoria's Secret and Company