Victoria's Secret & Co. 8K

Victoria’s Secret & Co. announced stronger-than-expected Q2 2026 results, received over $140 million in tariff refunds, and raised its full-year 2026 sales and adjusted operating income guidance.

Victoria’s Secret & Co. reported strong financial results for the second quarter of 2026, with net sales rising 10% year-over-year to $1.611 billion and operating income increasing to $257 million, driven by a 9% comparable sales gain across stores and direct channels and supported by broad-based growth in North America, international, and direct businesses. The company received over $140 million in IEEPA tariff refunds in the quarter, which, along with restructuring and other one-time items, were excluded from adjusted results; adjusted operating income was $124 million versus $55 million a year earlier, and adjusted net income was $80 million, or $0.95 per diluted share. Based on the strong first-half performance and continued momentum, VS&Co raised its full-year 2026 guidance, now forecasting net sales of $7.10–$7.18 billion and adjusted operating income of $560–$590 million, and provided third-quarter guidance calling for net sales of $1.57–$1.60 billion and operating income of $10–$20 million. Management highlighted continued investment in marketing, product innovation, and brand initiatives, including expanded campaigns and a larger Victoria’s Secret Fashion Show, while reaffirming focus on profitable growth and long-term value creation.

Filing Facts

CIK

1856437

Ticker

-

Form

8K

Source Type

sec

Accession

0001856437-26-000019

Alert Tier

7