Victoria’s Secret posted Q2 net sales up 10% to USD 1.61 billion; comparable sales climbed 9%.
Operating income widened to USD 257 million; net income attributable to shareholders rose to USD 183.05 million, or USD 2.18 a share.
Adjusted operating income (non-GAAP) increased to USD 123.96 million; tariff refund recoveries of over USD 140 million were excluded from adjusted results.
Management cited stronger regular-price selling and disciplined execution, while navigating tariff uncertainty; marketing investment is being increased.
Full-year net sales outlook lifted to USD 7.1 billion-USD 7.18 billion; adjusted operating income (non-GAAP) raised to USD 560 million-USD 590 million.
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