Victoria's Secret & Co.

NYSE•VSCO

CEO: Mr. Timothy A. Johnson CPA

Sector: Consumer Cyclical

Industry: Apparel - Retail

Listing Date: 2021-07-21

Victoria's Secret & Co. operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands. The company provides its products through its retail stores; websites, such as VictoriasSecret.com, PINK.com, and AdoreMe.com; and other digital channels. It also operates stores under the franchise, license, and wholesale arrangements. Victoria's Secret & Co. was incorporated in 2021 and is headquartered in Reynoldsburg, Ohio.

Contact Information

4 Limited Parkway East, Reynoldsburg, OH, 43068, United States

614-577-7000

www.victoriassecretandco.com

Market Cap

$4.16B

P/E (TTM)

27.6

31.1

Dividend Yield

52W High

$66.89

52W Low

$17.50

52W Range

69%

Rank48Top 64.4%

3.3

F-Score

Modified Piotroski Analysis

Based on 7-year fundamentals

Weak • 3.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2019-2025

Financial Dashboard

Q4 2025 Data

Revenue

$2.27B+0.00%

4-Quarter Trend

EPS

$2.14+0.00%

4-Quarter Trend

FCF

$649.00M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Net Sales Growth Total Net Sales increased 5% to $6.553B in 2025, driven by comparable sales growth of 5% across channels.

International Sales Surge International channel net sales increased 27% to $967M, benefiting from China JV and wholesale royalty growth.

Strong Cash Position Ended 2025 with $518M cash and equivalents, reflecting a $291M increase in net cash provided by operations.

Adore Me Asset Impairment Recognized $120M pre-tax charge for impairment of certain Adore Me long-lived assets during the 2025 fiscal year.

Risk Factors

Macroeconomic Spending Pressure Adverse economic conditions, inflation, and recession risk may weaken consumer demand and lower gross margins.

Tariff Costs Impact Income Estimated tariffs negatively impacted 2025 operating income by approximately $85M, despite ongoing mitigation efforts.

Cybersecurity Incident Exposure May 2025 security incident disrupted website operations, negatively impacting Q2 2025 net sales by $20M.

Retail Footprint Optimization Company-operated store count decreased by 24 locations in 2025 as part of ongoing physical footprint optimization.

Outlook

Path to Potential Strategy Executing "Path to Potential" strategy focused on accelerating growth, brand differentiation, and market authority reinforcement.

Supercharge Bra Authority Priority one focuses on delivering compelling bra assortment with industry-leading fit and function pipeline.

Evolving Go-To-Market Strategy includes evolving brand projection and go-to-market approach for stronger customer connection and loyalty.

2026 Capital Investment Expect capital expenditures in range of $220M to $240M in fiscal 2026, focused on stores and technology investments.

Peer Comparison

Revenue (TTM)

SAH

$15.15B

+6.5%

AAP

$8.60B

-5.4%

VSCO

$6.55B

+5.2%

Gross Margin (Latest Quarter)

YETI

58.4%

-2.2pp

ANF

57.1%

-2.0pp

ZGN

56.0%

+1.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
VSCO	$4.16B	27.6	22.7%	56.8%
ANF	$3.83B	7.7	39.0%	33.0%
GTX	$3.82B	12.6	-39.7%	63.7%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

18.8%

Strong Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:Jun 3, 2026

EPS:$0.32

Revenue:$1.52B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data