Victoria's Secret & Co (VSCO)
Net profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Net income | US$ in thousands | 109,000 | 348,000 | 646,000 |
| Revenue | US$ in thousands | 6,083,000 | 6,284,000 | 6,758,000 |
| Net profit margin | 1.79% | 5.54% | 9.56% |
February 3, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $109,000K ÷ $6,083,000K
= 1.79%
The net profit margin of Victoria's Secret & Co has shown a declining trend over the past three fiscal years. In the most recent fiscal year ending on February 3, 2024, the net profit margin stood at 1.79%, indicating that the company retained $1.79 in net income for every $100 in revenue generated. This represents a significant decrease from the prior year, where the net profit margin was 5.54% as of January 28, 2023, and a substantial decline from two fiscal years ago when it was 9.56% as of January 29, 2022.
The decreasing net profit margin suggests that the company's profitability relative to its revenue has been declining over time. This trend could be a result of various factors such as increasing operating expenses, pricing pressures, or declining sales volumes. It is crucial for Victoria's Secret & Co to closely monitor and address the underlying causes of this declining trend in order to sustain long-term profitability and financial health.
Peer comparison
Feb 3, 2024