earnings
confidence high
sentiment positive
materiality 0.80
Victoria's Secret Q2 net income $151M, EPS $1.71; Q3 guidance EPS $0.60-$0.70
Victoria's Secret & Co.
2021-Q2 EPS reported
$3.68
revenue$3,168,000,000
- Net income of $151.1M ($1.71 diluted EPS) vs net loss of $199.5M ($2.26 loss per share) in Q2 2020.
- Operating income $202.7M, exceeding guided >$200M; best spring season in five years.
- Net sales $1.614B, -10% vs Q2 2019 due to 240 net store closures; total comp sales +5% vs 2019.
- Direct channel sales $468.8M, +26% vs 2019; Q3 outlook: sales up mid- to high-single digits vs $1.35B; EPS $0.60-$0.70.