The retailer posted net sales of $1.611bn for the quarter, up from $1.459bn during the same period in 2025.
Total comparable sales climbed 9%, matching strong performance marks across physical retail, digital stores, and international branches.
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VS&Co’s adjusted operating income for Q2 reached $124m, surpassing the guidance range of $90m to $100m issued previously and more than doubling the $55m adjusted operating income recorded a year earlier.
The company reported statutory GAAP net income of $183m, or $2.18 per diluted share, heavily influenced by a $140m one-time pre-tax IEEPA tariff refund.
Excluding this temporary recovery, adjusted net income stood at $80m, or $0.95 per diluted share, compared to $27m, or $0.33 per share, in the last quarter.
VS&Co chief executive officer Hillary Super said: “We delivered another strong quarter with broad-based growth across the business. Our Path to Potential strategy is working; our brands are stronger and more relevant, our customer file is growing, and we are gaining market share as product, brand identity, storytelling and execution are all working together.
“We see significant opportunity ahead and are doubling down on what is working. We are increasing our strategic marketing investment to expand our reach, deepen customer connection, and build on the brand heat we are creating.”
On the back of these results, VS&Co raised its fiscal year 2026 net sales forecast to a range of $7.1bn to $7.18bn, up from the previously projected range of $7.03bn to $7.13bn.
The company’s adjusted operating income forecast is now $560m to $590m for the year, compared to the earlier range of $550m to $580m, and up from $403m reported in fiscal 2025.
Looking ahead to the third quarter (Q3) of 2026, the company expects net sales between $1.57bn and $1.6bn, compared to $1.472bn a year before.
Adjusted operating income for the third quarter is projected to be between $10m and $20m, compared to zero for the same period last year.
VS&Co chief financial and operating officer Scott Sekella said: “Given our strong first-half performance and continued momentum entering the back half, we are raising our full-year net sales and adjusted operating income outlook. We remain focused on delivering profitable growth while making deliberate investments in product, customer experience and marketing to drive new customer growth and sustainable long-term value.”
