Victoria's Secret & Co (VSCO)
Gross profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,242,000 | 2,258,000 | 2,760,000 |
| Revenue | US$ in thousands | 6,083,000 | 6,284,000 | 6,758,000 |
| Gross profit margin | 36.86% | 35.93% | 40.84% |
February 3, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,242,000K ÷ $6,083,000K
= 36.86%
Analyzing Victoria's Secret & Co's gross profit margin over the past three years reveals fluctuations in the company's ability to generate profit from its sales after accounting for the cost of goods sold. The gross profit margin decreased slightly from 40.84% in January 2022 to 35.93% in January 2023, indicating potentially lower efficiency in managing production costs or increased competition impacting pricing strategies. However, there was a notable improvement in the gross profit margin to 36.86% in February 2024, suggesting enhanced cost control measures or successful pricing strategies. It is essential for the company to continuously monitor and manage its cost structure to sustain or improve profitability in the future.
Peer comparison
Feb 3, 2024