Victoria's Secret & Co.

Victoria's Secret & Co.

VSCO
Victoria's Secret & Co.US flagNew York Stock Exchange
91.51
USD
+2.30
- -
7.27BMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
88.48
81.99
59.1
79.82
79.3
78.7
77.17
78.55
82.02
Basic EPS, GAAP
2.74
-9.79
-0.79
7.6
4.35
1.39
2.04
1.93
2.56
Free Cash Flow per Basic Share
7.62
3.44
7.36
10.01
5.46
4.95
5.26
5.98
6.21
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
14.33
9.73
3.02
4.79
5.35
8.1
10.66
9.95
Tangible Book Value per Share
- -
11.64
7.04
0.13
-5.1
-4.49
-1.3
3.03
2.23
Basic Weighted Avg Shares
92
92
92
85
80
79
81
83
82
Sales/Revenue/Turnover
8,103
7,509
5,413
6,785
6,344
6,182
6,230
6,553
6,760
Operating Margin (%)
4.94
-2.29
-1.87
12.82
7.53
3.98
4.98
4.14
4.84
Depreciation Expense
425
411
326
303
274
284
258
238
230
Net Income, GAAP
251
-897
-72
646
348
109
165
161
211
Effective Tax Rate (%)
35.81
- -
- -
23.37
18.94
21.09
23.53
9.13
8.27
Profit Margin (%)
3.1
-11.95
-1.33
9.52
5.49
1.76
2.65
2.46
3.12
Working Capital
- -
-82
-317
-7
158
-81
66
376
340
LT Debt
- -
2,250
1,650
2,292
2,472
2,432
2,407
2,547
2,583
Total Equity
- -
1,314
891
257
401
438
664
910
845
Return on Invested Capital (%)
- -
- -
- -
20.95
11.83
5.78
6.84
6.47
7.98
Return on Capital (%)
- -
- -
- -
22.77
13.38
5.69
6.97
5.52
6.68
Return on Common Equity (%)
- -
-136.74
-6.54
112.54
108.75
27.25
31.22
21.52
29.41

Capital Structure

FRC

•

in mil. unless spec.
Oct'26
Jan'26
Apr'27
ST Debt
288
299
268
LT Borrowings
1,347
971
986
LT Finance Leases
1,551
1,576
1,597
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
80
80
79
Market Capitalization
2,826
4,375
4,117

Working Capital

FRC

•

in mil. unless spec.
Oct'26
Jan'26
Apr'27
Total Current Assets
1,945
1,883
1,626
Cash, Cash Equivalents & STI
249
518
207
Accounts Receivable, Net
190
186
185
Inventories
1,377
1,071
1,098
Total Current Liabilities
1,491
1,507
1,286
Payables & Accruals
860
849
692
ST Debt
288
299
268
Deferred Revenue
229
248
218

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
16.55%
37.05%
Free Cash Flow
- -
-1.34%
17.41%
Net Income, GAAP
- -
-212.61%
-2.42%
Sales/Revenue/Turnover
- -
4.45%
5.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,359
1,417
1,347
2,106
6,230
2026
1,353
1,459
1,472
2,269
6,553
2027
1,560
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.05
0.4
-0.71
2.32
2.04
2026
-0.03
0.19
-0.46
2.14
1.93
2027
0.59
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Hillary Super
Full Time Employees
12,000
Sector
Consumer Cyclical
Industry
Apparel - Retail
Address
4 Limited Parkway East Reynoldsburg OH United States of America 43068
IPO Date
Jul 21, 2021
Business
Victoria's Secret & Co. (NYSE: VSCO) operates as a leading specialty retailer of women's intimate apparel, beauty products and fashion-inspired clothing worldwide; its core offerings include signature bras, panties, lingerie, casual sleepwear, athleisure, swimwear, sport apparel and award-winning prestige fragrances and body care under the flagship Victoria's Secret and PINK brands; the company also provides innovative intimates through its Adore Me subsidiary, a digital-first platform featuring personalized shopping experiences, inclusive sizing and tech-driven recommendations such as AI-powered size matching and home try-on services. Founded in 1977 and headquartered in Reynoldsburg, Ohio, Victoria's Secret & Co. maintains an omnichannel presence with approximately 976 stores primarily in North America, complemented by e-commerce representing over 30% of revenue, and international operations spanning key markets in China, Brazil, Europe, Asia and beyond through manufacturing partnerships in 15 countries including China, Vietnam and Indonesia. The company serves fashion-conscious women across demographics, emphasizing empowerment, diversity and modern retail innovation. In recent strategic developments, Victoria's Secret & Co. completed its $400 million acquisition of Adore Me in January 2023, integrating the brand's technology to accelerate digital modernization, enhance customer experiences for Victoria's Secret and PINK, and generate over $100 million in incremental revenue through synergies like cross-selling and advanced logistics; the company pursues its "Path to Potential" growth strategy, focusing on strengthening core intimates and PINK brands, expanding high-potential categories such as beauty and sport, improving operational efficiency via store optimizations and a $250 million share repurchase program, and driving international revenue growth exceeding 25% in recent years; fiscal 2025 guidance has been raised to $6.33-6.41 billion in net sales amid high-single-digit comparable sales gains and Q2 2025 results surpassing expectations, supported by leadership enhancements including brand-specific presidents and a new creative director.

Company News

  • Victoria's Secret's Comeback Is Real—The Stock's Problem Is Different

  • Victoria's Secret quietly closed 38 stores. What shoppers should know

  • Victoria's Secret & Co.'s Plunge Offers An Entry Point

  • Victoria's Secret CEO: Entering back half of the year with tons of momentum despite revenue miss

  • Victoria's Secret stock drops on soft Q3 profit forecast

  • Victoria's Secret & Co. Q2 Earnings Call Highlights

  • Victoria's Secret sees strong ‘bras and Pink' sales, but not enough to satisfy investors

  • Victoria's Secret Stock Sinks on Earnings as Business Turnaround Narrative Takes a Hit

  • Victoria's Secret Boosts Fiscal-Year Guidance Again as Turnaround Pays Off

  • Victoria's Secret Q2 Preview: Focusing In On Staying Power Of Current Operational Momentum

  • Victoria's Secret Has Reclaimed Its Identity - Buy

  • Victoria's Secret Is All About Lift, Support, and a Good CEO Fit—and the Stock Loves It

  • Victoria's Secret seen poised for future earnings growth, says Bank of America while maintaining ‘Buy' rating

  • Victoria’s Secret seen poised for future earnings growth, says Bank of America while maintaining ‘Buy’ rating

  • Victoria's Secret & Co. Shareholders Decisively Re-Elect All Nine Company Director Nominees

  • Opinion | Victoria's Secret's Sexy Rebranding

  • Victoria's Secret Crushed the Quarter, But These Wall Street Analysts Think the Excitement May Be Overdone

  • Victoria's Secret & Co: Downgrade To Hold As Risk/Reward No Longer As Attractive

  • Wall Street Sits Up As Victoria's Secret Delivers Soaring Quarter

  • Victoria's Secret Stock Rises 47% | Closing Bell