Victoria's Secret & Co (VSCO)
Pretax margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 140,000 | 427,000 | 843,000 |
| Revenue | US$ in thousands | 6,083,000 | 6,284,000 | 6,758,000 |
| Pretax margin | 2.30% | 6.80% | 12.47% |
February 3, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $140,000K ÷ $6,083,000K
= 2.30%
Victoria's Secret & Co's pretax margin has shown a declining trend over the past three years, decreasing from 12.47% in January 2022 to 6.80% in January 2023, and further decreasing to 2.30% in February 2024. This indicates that the company's profitability before taxes has been gradually eroding. A declining pretax margin could suggest inefficiencies in cost management, pricing strategies, or revenue generation. It is important for the company to closely examine its operational and financial performance to identify and address the factors contributing to this downward trend in profitability.
Peer comparison
Feb 3, 2024
Company name
Symbol
Pretax margin
Victoria's Secret & Co
VSCO
2.30%
Bath & Body Works Inc.
BBWI
14.34%