Victoria's Secret & Co - Understand $vsco stock

$VSCO Market Cap: $1.847 Billion

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Financial Snapshot

Revenue

$6.124B

TTM

Gross Margin

36.64%

TTM

Net Earnings

$137.9M

TTM

Current Assets

$1.488B

Q3 2024

Current Liabilities

$1.494B

Q3 2024

Current Ratio

99.6%

Q3 2024

Total Assets

$4.635B

Q3 2024

Total Liabilities

$4.141B

Q3 2024

Book Value

$494.0M

Q3 2024

Cash

$169.0M

Q3 2024

P/E

13.39

Sep 13, 2024 EST

Free Cash Flow

$196.0M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019
Revenue	$6.182B	$6.344B	$6.785B	$5.413B	$7.509B	$8.103B
YoY Change	-2.56%	-6.5%	25.35%	-27.91%	-7.33%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019
Revenue	$6.182B	$6.344B	$6.785B	$5.413B	$7.509B	$8.103B
Cost Of Revenue	$3.903B	$4.086B	$4.025B	$3.842B	$5.446B	$5.414B
Gross Profit	$2.279B	$2.258B	$2.760B	$1.571B	$2.063B	$2.689B
Gross Profit Margin	36.86%	35.59%	40.68%	29.02%	27.47%	33.19%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019
Selling, General & Admin	$1.952B	$1.780B	$1.890B	$1.672B	$2.235B	$2.289B
YoY Change	9.67%	-5.82%	13.04%	-25.19%	-2.36%
% of Gross Profit	85.66%	78.83%	68.48%	106.43%	108.34%	85.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$25.14M	$274.0M	$303.0M	$326.0M	$411.0M	$425.0M
YoY Change	-90.83%	-9.57%	-7.06%	-20.68%	-3.29%
% of Gross Profit	1.1%	12.13%	10.98%	20.75%	19.92%	15.81%
Operating Expenses	$1.977B	$1.780B	$1.890B	$1.672B	$2.235B	$2.289B
YoY Change	11.08%	-5.82%	13.04%	-25.19%	-2.36%
Operating Profit	$301.7M	$478.0M	$870.0M	-$101.0M	-$892.0M	$400.0M
YoY Change	-36.89%	-45.06%	-961.39%	-88.68%	-323.0%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019
Interest Expense	-$103.9M	$60.00M	$27.00M	$6.000M	$8.000M	-$2.000M
YoY Change	-273.11%	122.22%	350.0%	-25.0%	-500.0%
% of Operating Profit	-34.43%	12.55%	3.1%			-0.5%
Other Income/Expense, Net	$1.184M	-$1.000M	$0.00	$1.000M	$1.000M	-$7.000M
YoY Change	-218.4%		-100.0%	0.0%	-114.29%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019
Pretax Income	$147.4M	$417.0M	$843.0M	-$106.0M	-$899.0M	$391.0M
YoY Change	-64.66%	-50.53%	-895.28%	-88.21%	-329.92%
Income Tax	$31.58M	$79.00M	$197.0M	-$34.00M	-$2.000M	$140.0M
% Of Pretax Income	21.43%	18.94%	23.37%			35.81%
Net Earnings	$109.2M	$348.0M	$646.0M	-$72.00M	-$897.0M	$251.0M
YoY Change	-68.62%	-46.13%	-997.22%	-91.97%	-457.37%
Net Earnings / Revenue	1.77%	5.49%	9.52%	-1.33%	-11.95%	3.1%
Basic Earnings Per Share	$1.41	$4.24	$7.34	-$0.82	-$10.16
Diluted Earnings Per Share	$1.39	$4.14	$7.18	-$0.82	-$10.16	$2.713M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020
Cash & Short-Term Investments	$270.0M	$427.0M	$490.0M	$335.0M	$245.0M
YoY Change	-36.77%	-12.86%	46.27%	36.73%
Cash & Equivalents	$270.0M	$427.0M	$490.0M	$335.0M	$245.0M
Short-Term Investments
Other Short-Term Assets	$126.0M	$117.0M	$90.00M	$82.00M	$101.0M
YoY Change	7.69%	30.0%	9.76%	-18.81%
Inventory	$985.0M	$1.052B	$949.0M	$701.0M	$855.0M
Prepaid Expenses
Receivables	$152.0M	$141.0M	$162.0M	$121.0M	$157.0M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.533B	$1.737B	$1.691B	$1.239B	$1.358B
YoY Change	-11.74%	2.72%	36.48%	-8.76%
Property, Plant & Equipment	$2.194B	$2.078B	$2.326B	$2.668B	$3.563B
YoY Change	5.58%	-10.66%	-12.82%	-25.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$106.0M	$105.0M	$81.00M	$76.00M	$103.0M
YoY Change	0.95%	29.63%	6.58%	-26.21%
Total Long-Term Assets	$3.067B	$2.974B	$2.653B	$2.990B	$3.912B
YoY Change	3.13%	12.1%	-11.27%	-23.57%
Total Assets	$4.600B	$4.711B	$4.344B	$4.229B	$5.270B
YoY Change
Accounts Payable	$513.0M	$481.0M	$538.0M	$338.0M	$384.0M
YoY Change	6.65%	-10.59%	59.17%	-11.98%
Accrued Expenses	$645.0M	$598.0M	$667.0M	$769.0M	$542.0M
YoY Change	7.86%	-10.34%	-13.26%	41.88%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$4.000M	$4.000M	$4.000M	$0.00	$61.00M
YoY Change	0.0%	0.0%		-100.0%
Total Short-Term Liabilities	$1.614B	$1.579B	$1.698B	$1.556B	$1.440B
YoY Change	2.22%	-7.01%	9.13%	8.06%
Long-Term Debt	$1.120B	$1.271B	$978.0M	$97.00M	$92.00M
YoY Change	-11.88%	29.96%	908.25%	5.43%
Other Long-Term Liabilities	$1.391B	$1.407B	$1.353B	$1.666B	$2.335B
YoY Change	-1.14%	3.99%	-18.79%	-28.65%
Total Long-Term Liabilities	$2.511B	$2.678B	$2.331B	$1.763B	$2.427B
YoY Change	-6.24%	14.89%	32.22%	-27.36%
Total Liabilities	$4.183B	$4.328B	$4.087B	$3.338B	$3.958B
YoY Change	-3.35%	5.9%	22.44%	-15.66%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020
Basic Shares Outstanding	78.00M shares	82.00M shares	88.00M shares	88.00M shares	88.00M shares
Diluted Shares Outstanding	79.00M shares	84.00M shares	90.00M shares	88.00M shares	88.00M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $1.8469 Billion

About Victoria's Secret & Co

Victoria's Secret & Co. operates as a lingerie, clothing and beauty retailer. The company is headquartered in Reynoldsburg, Ohio. The company went IPO on 2021-07-21. The company offers a range of products across intimate apparel, sleepwear, loungewear, swimwear, and beauty. Victoria's Secret brand offers bras, panties, lingerie, casual sleepwear, athleisure and swim, as well as prestige fragrances and body care across its global retail locations and its online e-commerce channel. PINK is a fashion and lifestyle brand for young women providing on trend products, including bras, panties, loungewear, knit tops, activewear, accessories and beauty. PINK is sold across North America and internationally at Victoria's Secret and PINK retail stores and online. Adore Me is a direct-to-consumer lingerie and apparel brand that is focused on serving women of all sizes and budgets. Adore Me is sold online and in Adore Me's six retail stores.

Industry: Retail-Women's Clothing Stores Peers: American Eagle Outfitters Inc Boot Barn Holdings Inc Buckle Inc Burlington Stores Inc Foot Locker Inc Gap Inc Ross Stores Inc Urban Outfitters Inc TJX Companies Inc