Victoria's Secret beats by $0.20, beats on revs; guides Q3 EPS in-line, revs above consensus; raises FY26 revenue guidance (22.78 0.79)
- Reports Q2 (Jul) earnings of $0.33 per share, excluding non-recurring items, $0.20 better than the FactSet Consensus of $0.13; revenues rose 2.9% year/year to $1.46 bln vs the $1.41 bln FactSet Consensus.
- Co issues guidance for Q3, sees EPS of ($0.75)-($0.55), excluding non-recurring items, vs. ($0.57) FactSet Consensus; sees Q3 revs of $1.390-$1.420 bln vs. $1.36 bln FactSet Consensus.
- Co raises guidance for FY26, sees FY26 revs of $6.33-$6.41 bln, above prior guidance of $6.20-$6.30 bln, vs the. $6.24 bln FactSet Consensus. At this forecasted level of net sales, the Company is reiterating its full year outlook for adjusted operating income and expects adjusted operating income to be in the range of $270 million to $320 million.