# Victoria's Secret & Co.: overview

VSXY · NYSE · CIK 1856437 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Jan 30

Pages: [Overview](/companies/vsxy.md) · [Financials](/companies/vsxy/financials.md) · [Filings](/companies/vsxy/filings.md) · [Insiders](/companies/vsxy/insiders.md)

Latest reported revenue: [$1.61bn](/filings/0001856437-26-000021.md) for Q2 FY2026, three months to 2026-08-01, from the 10-Q filed Sep 4, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001856437-26-000021).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-11-02) | Q4 FY2024 (2025-02-01) | Q1 FY2025 (2025-05-03) | Q2 FY2025 (2025-08-02) | Q3 FY2025 (2025-11-01) | Q4 FY2025 (2026-01-31) | Q1 FY2026 (2026-05-02) | Q2 FY2026 (2026-08-01) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [1,347](/filings/0001856437-25-000045.md) | [2,106 d](/filings/0001856437-26-000004.md) | [1,353](/filings/0001856437-26-000013.md) | [1,459](/filings/0001856437-26-000021.md) | [1,472](/filings/0001856437-25-000045.md) | [2,269 d](/filings/0001856437-26-000004.md) | [1,560](/filings/0001856437-26-000013.md) | [1,611](/filings/0001856437-26-000021.md) |
| Gross margin | % | [34.7%](/filings/0001856437-25-000045.md) | [38.6% d](/filings/0001856437-26-000004.md) | [35.0%](/filings/0001856437-26-000013.md) | [35.6%](/filings/0001856437-26-000021.md) | [36.4%](/filings/0001856437-25-000045.md) | [37.7% d](/filings/0001856437-26-000004.md) | [37.5%](/filings/0001856437-26-000013.md) | [47.1%](/filings/0001856437-26-000021.md) |
| Operating margin | % | [(3.5%)](/filings/0001856437-25-000045.md) | [12.7% d](/filings/0001856437-26-000004.md) | [1.5%](/filings/0001856437-26-000013.md) | [2.8%](/filings/0001856437-26-000021.md) | [(1.3%)](/filings/0001856437-25-000045.md) | [10.1% d](/filings/0001856437-26-000004.md) | [4.9%](/filings/0001856437-26-000013.md) | [16.0%](/filings/0001856437-26-000021.md) |
| Net margin | % | [(4.2%)](/filings/0001856437-25-000045.md) | [9.2% d](/filings/0001856437-26-000004.md) | [(0.1%)](/filings/0001856437-26-000013.md) | [1.1%](/filings/0001856437-26-000021.md) | [(2.5%)](/filings/0001856437-25-000045.md) | [8.1% d](/filings/0001856437-26-000004.md) | [3.1%](/filings/0001856437-26-000013.md) | [11.4%](/filings/0001856437-26-000021.md) |
| Diluted EPS | $ per share | [(0.71)](/filings/0001856437-25-000045.md) | not reported | [(0.02)](/filings/0001856437-26-000013.md) | [0.20](/filings/0001856437-26-000021.md) | [(0.46)](/filings/0001856437-25-000045.md) | not reported | [0.56](/filings/0001856437-26-000013.md) | [2.18](/filings/0001856437-26-000021.md) |
| Free cash flow | $m | [(299) d](/filings/0001856437-25-000045.md) | [646 d](/filings/0001856437-26-000004.md) | [(193)](/filings/0001856437-26-000013.md) | [88.0 d](/filings/0001856437-26-000021.md) | [(232) d](/filings/0001856437-25-000045.md) | [649 d](/filings/0001856437-26-000004.md) | [(191)](/filings/0001856437-26-000013.md) | [328 d](/filings/0001856437-26-000021.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2022-01-29) | FY2022 (2023-01-28) | FY2023 (2024-02-03) | FY2024 (2025-02-01) | FY2025 (2026-01-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,785](/filings/0001856437-24-000005.md) | [6,344](/filings/0001856437-25-000006.md) | [6,182](/filings/0001856437-26-000004.md) | [6,230](/filings/0001856437-26-000004.md) | [6,553](/filings/0001856437-26-000004.md) |
| Gross margin | % | [40.7%](/filings/0001856437-24-000005.md) | [35.6%](/filings/0001856437-25-000006.md) | [36.3%](/filings/0001856437-26-000004.md) | [36.7%](/filings/0001856437-26-000004.md) | [36.4%](/filings/0001856437-26-000004.md) |
| Operating margin | % | [12.8%](/filings/0001856437-24-000005.md) | [7.5%](/filings/0001856437-25-000006.md) | [4.0%](/filings/0001856437-26-000004.md) | [5.0%](/filings/0001856437-26-000004.md) | [4.1%](/filings/0001856437-26-000004.md) |
| Net margin | % | [9.5%](/filings/0001856437-24-000005.md) | [5.5%](/filings/0001856437-25-000006.md) | [1.8%](/filings/0001856437-26-000004.md) | [2.6%](/filings/0001856437-26-000004.md) | [2.5%](/filings/0001856437-26-000004.md) |
| Diluted EPS | $ per share | [7.18](/filings/0001856437-24-000005.md) | [4.14](/filings/0001856437-25-000006.md) | [1.39](/filings/0001856437-26-000004.md) | [2.05](/filings/0001856437-26-000004.md) | [1.93](/filings/0001856437-26-000004.md) |
| Free cash flow | $m | [682](/filings/0001856437-24-000005.md) | [273](/filings/0001856437-25-000006.md) | [133](/filings/0001856437-26-000004.md) | [247](/filings/0001856437-26-000004.md) | [312](/filings/0001856437-26-000004.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/vsxy/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $994.1m | 11,908,110 |  | Added +52,936 |
| [FMR LLC](/funds/315066.md) | 2026-06-30 | $787.7m | 9,435,888 |  | Added +3,220,609 |
| [BBFIT INVESTMENTS PTE LTD](/funds/2094345.md) | 2026-06-30 | $742.9m | 8,898,930 |  | Reduced −1,411,601 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $411.5m | 4,929,204 |  | Added +280,395 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $298.0m | 3,570,051 |  | Reduced −12,484 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $255.9m | 3,065,050 |  | Added +57,119 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $176.0m | 2,107,912 |  | Added +278,202 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $176.0m | 2,107,381 |  | Added +77,568 |
| [ARROWSTREET CAPITAL, LIMITED PARTNERSHIP](/funds/1164508.md) | 2026-06-30 | $163.9m | 1,962,809 |  | Added +619,606 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $162.2m | 1,942,411 |  | Reduced −1,006 |

## Recent filings

[All 378 filings](/companies/vsxy/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-09 | 07:00 ET | [8-K](/filings/0001856437-26-000023.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001856437-26-000023 |
| 2026-09-04 | 07:20 ET | [10-Q](/filings/0001856437-26-000021.md) | Quarterly report, period 2026-08-01 | 0001856437-26-000021 |
| 2026-09-03 | 07:01 ET | [8-K](/filings/0001856437-26-000019.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001856437-26-000019 |
| 2026-08-20 | 07:02 ET | [8-K](/filings/0001856437-26-000017.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001856437-26-000017 |
| 2026-07-29 | 16:30 ET | [SCHEDULE 13D/A](/filings/0001213900-26-082834.md) | Ownership report, active investor, amended | 0001213900-26-082834 |
| 2026-06-15 | 16:15 ET | [8-K](/filings/0001856437-26-000015.md) | 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001856437-26-000015 |
| 2026-06-05 | 07:15 ET | [10-Q](/filings/0001856437-26-000013.md) | Quarterly report, period 2026-05-02 | 0001856437-26-000013 |
| 2026-06-04 | 20:25 ET | [SCHEDULE 13D/A](/filings/0001213900-26-065438.md) | Ownership report, active investor, amended | 0001213900-26-065438 |
| 2026-06-02 | 07:01 ET | [8-K](/filings/0001856437-26-000011.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001856437-26-000011 |
| 2026-05-21 | 08:35 ET | [8-K](/filings/0001856437-26-000007.md) | 8.01 Other events; 9.01 Financial statements and exhibits | 0001856437-26-000007 |

## Latest annual report

[Form 10-K for the fiscal year ended Jan 31, 2026](/filings/0001856437-26-000004.md), filed Mar 20, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1856437
- Tickers: VSXY
- Exchange: NYSE
- SIC code: 5621 Retail-Women's Clothing Stores
- State of incorporation: not reported
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 27, 2026, 16:18 ET. No prices; not investment advice.