Victoria's Secret & Co (VSCO)
Pretax margin
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 220,281 | 205,000 | 507,736 | 373,642 | 275,642 | 48,615 | -182,121 | -83,255 | 12,745 | 236,772 | 461,772 | 486,000 | 515,000 | 372,000 | 231,000 | 279,000 | 569,911 | 809,911 | 820,540 | 839,540 |
| Revenue (ttm) | US$ in thousands | 6,228,500 | 6,179,000 | 6,914,450 | 6,762,540 | 6,642,540 | 6,013,410 | 5,333,960 | 5,476,250 | 5,622,250 | 6,216,380 | 6,815,380 | 6,726,000 | 6,644,000 | 6,144,000 | 5,650,000 | 5,816,000 | 6,688,430 | 7,343,430 | 7,276,560 | 7,221,560 |
| Pretax margin | 3.54% | 3.32% | 7.34% | 5.53% | 4.15% | 0.81% | -3.41% | -1.52% | 0.23% | 3.81% | 6.78% | 7.23% | 7.75% | 6.05% | 4.09% | 4.80% | 8.52% | 11.03% | 11.28% | 11.63% |
January 31, 2025 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $220,281K ÷ $6,228,500K
= 3.54%
Victoria's Secret & Co's pretax margin has fluctuated over the past few years. It started at a healthy level of 11.63% on January 31, 2022, but experienced a gradual decline to 3.54% by January 31, 2025. The company saw a significant drop in pretax margin in the later part of 2023, reaching negative values in October, before recovering to positive levels in early 2024. Overall, the pretax margin trend indicates some fluctuations and challenges in maintaining profitability over the analyzed period. It would be essential for stakeholders to closely monitor the company's financial performance and assess strategic initiatives to improve margin stability in the future.
Peer comparison
Jan 31, 2025