Victorias Secret & Co.
36.23+1.70 (+4.92%)
Oct 29, 4:00:02 PM EDT · NYSE · VSCO · USD
Key Stats
Market Cap
2.90BP/E (TTM)
19.27Basic EPS (TTM)
1.88Dividend Yield
0%Recent Filings
10-Q
Q2 FY2025 results
Victoria's Secret & Co. posted Q2 FY2025 net sales of $1.459B, up 3% y/y from $1.417B, with North America stores rising 3% to $825M and international surging 22% to $228M, though direct dipped 5% to $406M amid a brief website outage. Gross profit climbed to $519M at 35.6% margin, edging up from 35.4%, but operating income fell to $41M from $62M as expenses jumped 9% on restructuring and marketing shifts. Year-to-date, sales edged 1% higher to $2.812B while operating income dropped to $61M from $89M. Cash stood at $188M with $524M ABL availability against $1.048B long-term debt; free cash flow turned positive at -$105M (derived). Adore Me integration wrapped with no further contingent payout expected. Yet competition in retail lingers as a key risk.
8-K
Q2 sales beat, guidance raised
Victoria's Secret & Co. reported second-quarter 2025 net sales of $1.459 billion, up 3% from $1.417 billion last year, with comparable sales rising 4% across stores and online. Adjusted operating income hit $55 million, beating guidance despite tariff headwinds, while gross margins expanded through tight inventory control. The company raised full-year sales outlook to $6.33-$6.41 billion but flagged $100 million in tariff impacts. Momentum builds, yet macro uncertainty lingers.
8-K
Exec role eliminated, CFO promoted
Victoria's Secret & Co. eliminated its Chief Operating Officer role on August 18, 2025, to streamline the executive team, leading to Dein Boyle's departure effective August 19 while he stays on through year-end for transition. CFO Scott Sekella steps up to Chief Financial and Operating Officer, gaining a $825,000 base salary and $250,000 in restricted stock units vesting over three years. This shift consolidates operations under finance amid ongoing restructuring.
8-K
Annual meeting elects directors
Victoria's Secret & Co. held its 2025 annual meeting on June 18, electing all ten director nominees amid notable opposition, with votes against ranging from 15 million to 17.5 million shares. Stockholders advisory approved executive compensation by a 46.5 million to 14.8 million margin, while overwhelmingly ratifying Ernst & Young as auditors with 69.6 million for votes. The split director support signals investor scrutiny on board oversight.
10-Q
Q1 FY2025 results
Victoria's Secret & Co. posted flat net sales of $1.353B in Q1 FY2025 ended May 3, 2025, down slightly from $1.359B a year earlier, yet international sales jumped 9% to $199M while North America stores and direct dipped 1% and 3%. Gross profit fell to $474M from $501M, with margins shrinking to 35.1% from 36.9% amid higher transportation costs and tariff adjustments, but operating income held at $20M versus $26M last year thanks to a 4% drop in general expenses to $454M from strategic marketing shifts. Operating cash flow used $150M, exceeding last year's $116M outflow due to inventory builds for international growth, leaving cash at $138M; free cash flow stood at $(193)M (derived). Debt totaled $1.082B, with $509M ABL availability and covenant compliance intact. Adore Me contingent consideration settled at zero, per management. The rights plan shields against activist threats.
IPO
Employees
Sector
Industry
BRIA
BrilliA Inc
1.90-0.01
BURL
Burlington Stores, Inc.
281.73+7.29
CURV
Torrid Holdings Inc.
1.35-0.09
JILL
J. Jill, Inc.
15.40-0.64
LULU
lululemon athletica inc.
170.30-9.68
LVLU
Lulu's Fashion Lounge Holdings,
5.13-0.51
TLYS
Tilly's, Inc.
1.54-0.05
ULTA
Ulta Beauty, Inc.
506.07-12.72
VIPS
Vipshop Holdings Limited
18.30-0.36
VNCE
Vince Holding Corp.
2.76-0.07