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Victoria's Secret stock fell despite a substantial earnings beat in fiscal Q2. The company's sales came in slightly below expectations in the period.

Victoria's Secret & Co. (VSXY) Q2 2026 Earnings Call Transcript

The headline numbers for Victoria's Secret (VSXY) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

NetApp (NTAP) initially popped on its earnings report, but as Diane King Hall points out, concerns over its free cash flow had investors second guessing the company's outlook. Five Below (FIVE) continues to show strength in discount retail in its earnings while Victoria's Secret (VSXY) plunges on its report.

Victoria's Secret (VSXY) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.33 per share a year ago.

REYNOLDSBURG, Ohio, Sept. 03, 2026 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. (“VS&Co” or the “Company”) (NYSE: VSXY) today reported financial results for the second quarter ended August 1, 2026.

VSXY's Beauty business posts low double-digit growth, led by fine fragrance and mist, with new products boosting momentum.