VSCO (VSCO)
Victoria's Secret & Co.
NYSE:VSCOConsumer Cyclical · Apparel - Retail
Mkt Cap-
Float-
O/S-
Inst Own-
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$6.55B
Net Income$160.86M
Total Assets$5.01B
Free Cash Flow$312M
Debt & Equity
Debt 77%
Equity 23%
Total Debt$2.85B
Total Equity$856M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in VSCO's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$5.01B
Liabilities$4.1B
Accounts Receivable$186M
Accounts Payable$493M
Inventory$1.07B
PP&E (Net)$2.36B
Goodwill$367M
Intangible Assets$246M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 | 2022-01-29 | 2021-01-31 | 2020-01-31 | 2019-01-31 |
| Revenue | $6.55B | $6.23B | $6.18B | $6.34B | $6.79B | $5.41B | $7.51B | $8.1B |
| YoY Growth | 5.2% | 0.8% | -2.6% | -6.5% | 25.3% | -27.9% | -7.3% | - |
| Cost of Revenue | $4.17B | $3.95B | $3.94B | $4.09B | $4.03B | $3.84B | $5.45B | $5.41B |
| Gross Profit | $2.39B | $2.28B | $2.24B | $2.26B | $2.76B | $1.57B | $2.06B | $2.69B |
| Gross Margin | 36.4% | 36.7% | 36.3% | 35.6% | 40.7% | 29.0% | 27.5% | 33.2% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $2.07B | $1.97B | $2B | $1.74B | $1.89B | $1.67B | $2.23B | $2.29B |
| Other | $18.85M | $0 | $0 | $36M | $501K | $0 | $0 | $0 |
| Total Operating Expenses | $2.09B | $1.97B | $2B | $1.78B | $1.89B | $1.67B | $2.23B | $2.29B |
| Operating Income (EBIT) | $296.89M | $310M | $246M | $478M | $870M | -$101M | -$892M | $400M |
| Operating Margin | 4.5% | 5.0% | 4.0% | 7.5% | 12.8% | -1.9% | -11.9% | 4.9% |
| Interest Expense | $70.08M | $86M | $99M | $60M | $27M | $6M | $8M | $2M |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$88.87M | -$89M | -$99M | -$61M | -$27M | -$5M | -$7M | -$9M |
| Income Before Tax (EBT) | $208.02M | $221M | $147M | $417M | $843.12M | -$106M | -$899M | $391M |
| Income Tax Expense | $19.14M | $52M | $31M | $79M | $196.74M | -$34M | -$2M | $140M |
| Net Income | $160.86M | $165M | $109M | $348M | $646M | -$72M | -$897M | $251M |
| Net Income Margin | 2.5% | 2.6% | 1.8% | 5.5% | 9.5% | -1.3% | -11.9% | 3.1% |
| Supplementary Data | ||||||||
| EPS | 1.93 | 2.09 | 1.40 | 4.24 | 7.60 | -0.79 | -9.70 | 2.74 |
| Diluted EPS | 1.93 | 2.04 | 1.39 | 4.14 | 7.18 | -0.79 | -9.70 | 2.74 |
| Weighted Average OS | 83.42M | 79.00M | 78.00M | 82.00M | 85.00M | 91.58M | 91.58M | 92.51M |
| EBITDA | $516.1M | $565M | $586M | $751M | $1.17B | $226M | -$480M | $818M |
| EBITDA Margin | 7.9% | 9.1% | 9.5% | 11.8% | 17.3% | 4.2% | -6.4% | 10.1% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 | 2022-01-29 | 2021-01-31 | 2020-01-31 |
| Assets | |||||||
| Current Assets | |||||||
| Cash and Cash Equivalents | $518M | $227M | $270M | $427M | $490M | $335M | $245M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $518M | $227M | $270M | $427M | $490M | $335M | $245M |
| Accounts Receivable | $186M | $159M | $152M | $141M | $162M | $121M | $157M |
| Inventory | $1.07B | $955M | $985M | $1.05B | $949M | $701M | $855M |
| Other Current Assets | $108M | $100M | $126M | $117M | $90M | $56M | $52M |
| Total Current Assets | $1.88B | $1.44B | $1.53B | $1.74B | $1.69B | $1.24B | $1.36B |
| Long-Term Assets | |||||||
| Property, Plant & Equipment Net | $2.36B | $2.25B | $2.19B | $2.08B | $2.33B | $2.67B | $3.56B |
| Goodwill | $367M | $367M | $367M | $365M | $0 | $0 | $0 |
| Intangible Assets | $246M | $376M | $400M | $426M | $246M | $246M | $246M |
| Long-Term Investments | $53M | $47M | $60M | $56M | $35M | $35M | $38M |
| Deferred Tax Assets | $65M | $22M | $20M | $18M | $17M | $20M | $25M |
| Other Long-Term Assets | $37M | $24M | $26M | $31M | $29M | $21M | $40M |
| Total Long-Term Assets | $3.13B | $3.09B | $3.07B | $2.97B | $2.65B | $2.99B | $3.91B |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.01B | $4.53B | $4.6B | $4.71B | $4.34B | $4.23B | $5.27B |
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts Payable | $493M | $419M | $513M | $481M | $538M | $338M | $384M |
| Short-Term Debt | $4M | $4M | $4M | $4M | $4M | $0 | $61M |
| Current Income Tax Payable | $42M | $212M | $20M | $87M | $126M | $60M | $74M |
| Current Unearned Revenue | $248M | $256M | $295M | $291M | $250M | $246M | $238M |
| Other Current Liabilities | $255M | $47M | $380M | $25M | $312M | $211M | $155M |
| Total Current Liabilities | $1.51B | $1.38B | $1.61B | $1.58B | $1.7B | $1.56B | $1.44B |
| Long-Term Liabilities | |||||||
| Long-Term Debt | $971M | $973M | $1.12B | $1.27B | $978M | $97M | $92M |
| Long-Term Unearned Revenue | $9M | $13M | $15M | $18M | $8M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $5M | $11M | $37M | $53M | $58M | $19M | $89M |
| Other Long-Term Liabilities | $35M | $62M | $64M | $188M | $31M | $113M | $177M |
| Total Long-Term Liabilities | $2.6B | $2.49B | $2.55B | $2.73B | $2.39B | $1.78B | $2.52B |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $4.1B | $3.87B | $4.16B | $4.31B | $4.09B | $3.34B | $3.96B |
| Stockholders' Equity | |||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1M | $1M | $1M | $1M | $1M | $887M | $1.34B |
| Retained Earnings | $504M | $343M | $178M | $186M | $126M | $0 | $0 |
| Comprehensive Income & Other | $6M | -$1M | $0 | $1M | $5M | $4M | -$29M |
| Other Stockholders' Equity | $351M | $296M | $238M | $196M | $130M | $4M | -$29M |
| Total Equity | $856M | $640M | $417M | $383M | $257M | $891M | $1.31B |
| Minority Interest | $54M | $24M | $21M | $18M | $0 | $0 | $2M |
| Total Liabilities and Equity | $4.96B | $4.51B | $4.58B | $4.69B | $4.34B | $4.23B | $5.27B |
| Supplementary Data | |||||||
| Total Debt | $2.85B | $2.7B | $2.7B | $2.79B | $2.64B | $2.07B | $2.65B |
| Net Debt | $2.33B | $2.47B | $2.43B | $2.36B | $2.15B | $1.74B | $2.41B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-01-31 | 2025-02-01 | 2024-02-03 | 2023-01-28 | 2022-01-29 | 2021-01-31 | 2020-01-31 | 2019-01-31 |
| Operating Activities | ||||||||
| Net Income | $189M | $165M | $109M | $348M | $646M | -$72M | -$897M | $251M |
| Depreciation & Amortization | $238M | $258M | $284M | $274M | $303M | $326M | $411M | $425M |
| Deferred Income Tax | -$49M | -$29M | -$16M | -$28M | $1M | -$64M | -$30M | -$35M |
| Stock-Based Compensation | $55M | $60M | $56M | $48M | $33M | $25M | $38M | $39M |
| Changes in Working Capital: | ||||||||
| Accounts Receivable | -$24M | -$8M | -$13M | $22M | -$21M | $36M | $14M | $10M |
| Inventory | -$112M | $29M | $36M | $0 | -$247M | $141M | $20M | $0 |
| Accounts Payable | $114M | -$78M | -$11M | -$163M | $173M | $49M | -$118M | -$27M |
| Other Working Capital | -$31M | $51M | -$92M | -$54M | -$37M | $72M | -$106M | -$17M |
| Total Working Capital Change | -$53M | -$6M | -$80M | -$195M | -$132M | $298M | -$190M | -$54M |
| Other Non-Cash Items | $119M | -$23M | $36M | -$10M | $0 | $161M | $983M | $72M |
| Net Cash from Operating | $499M | $425M | $389M | $437M | $851M | $674M | $315M | $698M |
| Investing Activities | ||||||||
| Capital Expenditures | -$187M | -$178M | -$256M | -$164M | -$169M | -$127M | -$225M | -$341M |
| Acquisitions | $0 | $25M | $1M | -$387M | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | -$18M | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $18M | $0 | $0 | $0 | $0 |
| Other Investing Activities | $3M | $0 | $1M | -$4M | $0 | $4M | -$18M | -$2M |
| Net Cash from Investing | -$184M | -$153M | -$254M | -$555M | -$169M | -$123M | -$243M | -$343M |
| Financing Activities | ||||||||
| Debt Repaid | $4M | $149M | $154M | -$291M | -$981M | $58M | -$5M | -$63M |
| Common Stock Issuance | $4M | $0 | $3M | $5M | $5M | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | -$10M | -$125M | -$250M | -$250M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$24M | -$156M | -$15M | $12M | -$1.26B | -$407M | -$197M | -$327M |
| Net Cash from Financing | -$24M | -$315M | -$291M | $58M | -$527M | -$465M | -$192M | -$264M |
| Forex Effect | $0 | $0 | -$1M | -$3M | $0 | $4M | -$4M | $2M |
| Net Change in Cash | $291M | -$43M | -$157M | -$63M | $155M | $90M | -$124M | $93M |
| Supplementary Data | ||||||||
| Operating Cash Flow | $499M | $425M | $389M | $437M | $851M | $674M | $315M | $698M |
| Capital Expenditure | -$187M | -$178M | -$256M | -$164M | -$169M | -$127M | -$225M | -$341M |
| Free Cash Flow | $312M | $247M | $133M | $273M | $682M | $547M | $90M | $357M |
| Cash at Beginning | $227M | $270M | $427M | $490M | $335M | $245M | $369M | $276M |
| Cash at End | $518M | $227M | $270M | $427M | $490M | $335M | $245M | $369M |