Victoria's Secret & Co (VSCO)

Pretax margin

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Earnings before tax but after interest (EBT) US$ in thousands 221,000 140,000 147,000 417,000 427,000
Revenue US$ in thousands 6,230,000 6,083,000 6,182,000 6,344,000 6,284,000
Pretax margin 3.55% 2.30% 2.38% 6.57% 6.80%

January 31, 2025 calculation

Pretax margin = EBT ÷ Revenue
= $221,000K ÷ $6,230,000K
= 3.55%

Victoria's Secret & Co's pretax margin has fluctuated over the past few years, indicating variations in the company's profitability before taxes. In January 2023, the pretax margin was 6.80%, showing a relatively healthy profit margin. However, by January 2024, the pretax margin had declined significantly to 2.38% and continued to decrease slightly to 2.30% by February 2024. This downward trend in profitability may signal challenges in cost management or revenue generation during that period.

Nonetheless, there was a slight improvement in the pretax margin by January 2025, where it increased to 3.55%. This uptick suggests that Victoria's Secret & Co may have taken steps to enhance profitability, though it remained below the levels seen in January 2023. Overall, the company's pretax margin performance indicates the need for continuous monitoring and strategic adjustments to maintain sustainable profitability in the competitive retail industry.


Peer comparison

Jan 31, 2025

Company name
Symbol
Pretax margin
Victoria's Secret & Co
VSCO
3.55%
Bath & Body Works Inc.
BBWI
14.07%