Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Victoria's Secret share price today

Victoria's Secret & Co. · VSXY · Consumer Discretionary · Apparel Retail · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Victoria's Secret share price: $108.95 at the close on 4 November 2026, +210.7% in a year.

MixedBusiness trend from the last 12 quarters
$108.95Price +210.7% in a year
24.4×P/E higher than 84% of the last 4.2 years
$1.6 BRevenue (Aug 2026) +10.4% on a year ago
$183 MProfit (Aug 2026) +1,043.8% on a year ago
7.8%Operating margin +4.4 points on a year ago
18%ROE FY26
12.6%ROIC against a 12.4% cost of capital: +0.2 points

Victoria's Secret & Co.'s share price has risen faster than its earnings: +210.7% in a year, against −5.9% for earnings per share.

The main question: the share price moved +210.7% in a year while yearly earnings per share moved −5.9%. The difference came from the market paying a higher multiple.

The price has been rising for 43 weeks, and the P/E is higher than 84% of its own last 4.2 years. Over the last four quarters, results have been improving, with profit +1,043.8% on a year earlier, and 302% of the last 3 years' profit came in as cash. What will decide it: whether earnings grow into a price that has already moved.

What is the Victoria's Secret share price today?

Victoria's Secret & Co.'s share price was $108.95 at the close on 4 November 2026. It has been rising for 43 weeks. That is 54.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $35 and $109, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Victoria's Secret & Co. is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 6 weeks in a row.

1Y

Nov 2026: $108.95, 54.9% above its 200-day average. The price has been rising for 43 weeks.

  • Price $108.95
  • 50-day avg $86.39
  • 200-day avg $70.33
Nov 2026: $108.95, 54.9% above its 200-day average. The price has been rising for 43 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$35.25$27.94$23.93
7 Nov 2025$35.07$29.31$23.89
14 Nov 2025$35.70$30.43$23.84
21 Nov 2025$36.70$31.32$23.85
28 Nov 2025$41.33$32.28$23.98
5 Dec 2025$49.05$34.08$24.30
12 Dec 2025$54.49$36.56$24.91
19 Dec 2025$56.70$39.08$25.69
26 Dec 2025$53.81$41.10$26.43
2 Jan 2026$53.36$42.99$27.14
9 Jan 2026$65.90$45.73$28.12
16 Jan 2026$59.86$48.35$29.19
23 Jan 2026$59.75$50.46$30.09
30 Jan 2026$54.51$52.56$31.06
6 Feb 2026$62.44$55.03$32.16
13 Feb 2026$58.54$56.77$33.16
20 Feb 2026$64.37$58.06$34.01
27 Feb 2026$62.70$59.01$35.09
6 Mar 2026$46.73$59.20$35.93
13 Mar 2026$44.86$58.35$36.51
20 Mar 2026$44.86$57.35$37.15
27 Mar 2026$42.47$55.44$37.71
2 Apr 2026$46.00$54.15$38.24
10 Apr 2026$50.37$53.29$39.02
17 Apr 2026$54.72$52.60$39.82
24 Apr 2026$52.78$51.98$40.65
1 May 2026$52.36$51.18$41.48
8 May 2026$48.04$49.83$42.22
15 May 2026$45.96$48.47$42.86
22 May 2026$52.45$48.63$43.57
29 May 2026$55.00$49.51$44.27
5 Jun 2026$74.60$52.20$45.52
12 Jun 2026$78.88$55.38$46.89
18 Jun 2026$81.98$57.87$48.03
26 Jun 2026$88.50$61.10$49.45
2 Jul 2026$76.71$63.25$50.54
10 Jul 2026$78.36$65.76$51.81
17 Jul 2026$81.45$68.82$53.21
24 Jul 2026$83.55$72.59$54.63
31 Jul 2026$88.68$76.84$56.10
7 Aug 2026$98.54$80.77$57.65
14 Aug 2026$89.02$83.56$59.17
21 Aug 2026$85.39$84.67$60.43
28 Aug 2026$87.85$85.64$61.75
4 Sep 2026$75.56$85.62$62.89
11 Sep 2026$75.65$84.96$63.70
18 Sep 2026$77.93$84.78$64.58
25 Sep 2026$82.91$84.97$65.53
2 Oct 2026$91.73$85.37$66.43
9 Oct 2026$82.87$85.25$67.22
16 Oct 2026$87.34$85.12$68.07
23 Oct 2026$90.82$84.51$68.89
30 Oct 2026$96.62$85.43$69.70
4 Nov 2026$108.95$86.39$70.33
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $108.95, 54.9% above its 200-day average. The price has been rising for 43 weeks.

  • Price $108.95
  • 50-day avg $86.39
  • 200-day avg $70.33
Nov 2026: $108.95, 54.9% above its 200-day average. The price has been rising for 43 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$19.58$17.30$25.24
10 Nov 2023$19.57$17.38$24.72
17 Nov 2023$21.47$17.59$24.17
24 Nov 2023$21.21$17.89$23.71
1 Dec 2023$28.53$18.58$23.29
8 Dec 2023$26.25$19.55$22.94
15 Dec 2023$25.89$20.64$22.62
22 Dec 2023$27.95$21.79$22.44
29 Dec 2023$26.54$22.66$22.37
5 Jan 2024$24.97$23.19$22.25
12 Jan 2024$23.75$23.78$22.06
19 Jan 2024$23.44$24.13$21.85
26 Jan 2024$25.96$24.73$21.64
2 Feb 2024$27.02$25.31$21.48
9 Feb 2024$29.22$25.89$21.35
16 Feb 2024$29.49$26.21$21.33
23 Feb 2024$29.47$26.42$21.36
1 Mar 2024$28.44$26.71$21.45
8 Mar 2024$18.12$26.25$21.38
15 Mar 2024$18.34$25.47$21.29
22 Mar 2024$19.81$24.96$21.29
28 Mar 2024$19.38$24.58$21.30
5 Apr 2024$18.47$23.98$21.27
12 Apr 2024$17.93$23.28$21.31
19 Apr 2024$17.29$22.33$21.29
26 Apr 2024$17.43$21.14$21.23
3 May 2024$17.55$19.99$21.18
10 May 2024$19.59$18.92$21.15
17 May 2024$22.16$18.60$21.19
24 May 2024$20.76$18.80$21.22
31 May 2024$22.79$19.03$21.24
7 Jun 2024$20.17$19.31$21.27
14 Jun 2024$17.72$19.28$21.28
21 Jun 2024$17.75$19.24$21.27
28 Jun 2024$17.67$19.27$21.28
5 Jul 2024$17.31$19.20$21.25
12 Jul 2024$18.99$19.32$21.29
19 Jul 2024$18.32$19.39$21.34
26 Jul 2024$18.59$19.21$21.42
2 Aug 2024$16.17$18.79$21.46
9 Aug 2024$19.77$18.55$21.46
16 Aug 2024$24.09$18.46$21.55
23 Aug 2024$23.40$18.93$21.68
30 Aug 2024$23.46$19.53$21.82
6 Sep 2024$24.04$19.98$21.87
13 Sep 2024$23.52$20.53$21.90
20 Sep 2024$25.59$21.19$21.88
27 Sep 2024$26.04$21.95$21.88
4 Oct 2024$24.28$22.62$21.85
11 Oct 2024$26.05$23.34$21.78
18 Oct 2024$27.48$24.30$21.80
25 Oct 2024$28.38$25.10$21.91
1 Nov 2024$31.51$25.67$22.06
8 Nov 2024$34.96$26.63$22.30
15 Nov 2024$36.68$27.87$22.54
22 Nov 2024$37.09$29.25$22.77
29 Nov 2024$38.84$30.30$22.94
6 Dec 2024$48.02$32.07$23.31
13 Dec 2024$48.71$34.28$23.76
20 Dec 2024$44.96$36.25$24.24
27 Dec 2024$42.26$37.46$24.71
3 Jan 2025$41.86$38.52$25.16
10 Jan 2025$37.58$39.30$25.55
17 Jan 2025$37.10$39.89$25.99
24 Jan 2025$37.75$40.23$26.39
31 Jan 2025$36.36$40.33$26.85
7 Feb 2025$32.14$40.09$27.27
14 Feb 2025$32.83$39.49$27.65
21 Feb 2025$27.96$38.32$27.89
28 Feb 2025$26.73$36.37$28.12
7 Mar 2025$19.05$34.12$28.12
14 Mar 2025$18.57$31.66$28.04
21 Mar 2025$20.92$29.70$28.01
28 Mar 2025$18.32$28.02$27.99
4 Apr 2025$16.95$25.99$27.97
11 Apr 2025$17.09$24.05$27.97
17 Apr 2025$16.00$22.54$27.93
25 Apr 2025$18.54$21.04$27.95
2 May 2025$19.59$19.82$27.96
9 May 2025$19.26$18.95$27.98
16 May 2025$23.57$18.90$28.10
23 May 2025$22.27$19.44$28.24
30 May 2025$21.21$19.53$28.29
6 Jun 2025$22.16$19.54$28.24
13 Jun 2025$18.19$19.74$28.17
20 Jun 2025$18.83$19.91$28.05
27 Jun 2025$19.32$20.07$27.94
3 Jul 2025$20.57$20.35$27.90
11 Jul 2025$19.14$20.48$27.77
18 Jul 2025$19.04$20.41$27.58
25 Jul 2025$21.48$20.45$27.48
1 Aug 2025$18.72$20.09$27.35
8 Aug 2025$21.12$19.94$27.18
15 Aug 2025$22.34$20.09$27.02
22 Aug 2025$22.15$20.13$26.83
29 Aug 2025$23.02$20.50$26.55
5 Sep 2025$26.25$20.93$26.32
12 Sep 2025$26.44$21.60$26.07
19 Sep 2025$26.62$22.28$25.80
26 Sep 2025$26.24$23.01$25.35
3 Oct 2025$29.09$23.78$24.87
10 Oct 2025$28.25$24.69$24.49
17 Oct 2025$30.28$25.65$24.19
24 Oct 2025$33.17$26.66$23.98
31 Oct 2025$35.25$27.94$23.93
7 Nov 2025$35.07$29.31$23.89
14 Nov 2025$35.70$30.43$23.84
21 Nov 2025$36.70$31.32$23.85
28 Nov 2025$41.33$32.28$23.98
5 Dec 2025$49.05$34.08$24.30
12 Dec 2025$54.49$36.56$24.91
19 Dec 2025$56.70$39.08$25.69
26 Dec 2025$53.81$41.10$26.43
2 Jan 2026$53.36$42.99$27.14
9 Jan 2026$65.90$45.73$28.12
16 Jan 2026$59.86$48.35$29.19
23 Jan 2026$59.75$50.46$30.09
30 Jan 2026$54.51$52.56$31.06
6 Feb 2026$62.44$55.03$32.16
13 Feb 2026$58.54$56.77$33.16
20 Feb 2026$64.37$58.06$34.01
27 Feb 2026$62.70$59.01$35.09
6 Mar 2026$46.73$59.20$35.93
13 Mar 2026$44.86$58.35$36.51
20 Mar 2026$44.86$57.35$37.15
27 Mar 2026$42.47$55.44$37.71
2 Apr 2026$46.00$54.15$38.24
10 Apr 2026$50.37$53.29$39.02
17 Apr 2026$54.72$52.60$39.82
24 Apr 2026$52.78$51.98$40.65
1 May 2026$52.36$51.18$41.48
8 May 2026$48.04$49.83$42.22
15 May 2026$45.96$48.47$42.86
22 May 2026$52.45$48.63$43.57
29 May 2026$55.00$49.51$44.27
5 Jun 2026$74.60$52.20$45.52
12 Jun 2026$78.88$55.38$46.89
18 Jun 2026$81.98$57.87$48.03
26 Jun 2026$88.50$61.10$49.45
2 Jul 2026$76.71$63.25$50.54
10 Jul 2026$78.36$65.76$51.81
17 Jul 2026$81.45$68.82$53.21
24 Jul 2026$83.55$72.59$54.63
31 Jul 2026$88.68$76.84$56.10
7 Aug 2026$98.54$80.77$57.65
14 Aug 2026$89.02$83.56$59.17
21 Aug 2026$85.39$84.67$60.43
28 Aug 2026$87.85$85.64$61.75
4 Sep 2026$75.56$85.62$62.89
11 Sep 2026$75.65$84.96$63.70
18 Sep 2026$77.93$84.78$64.58
25 Sep 2026$82.91$84.97$65.53
2 Oct 2026$91.73$85.37$66.43
9 Oct 2026$82.87$85.25$67.22
16 Oct 2026$87.34$85.12$68.07
23 Oct 2026$90.82$84.51$68.89
30 Oct 2026$96.62$85.43$69.70
4 Nov 2026$108.95$86.39$70.33
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $108.95, 54.9% above its 200-day average. The price has been rising for 43 weeks.

  • Price $108.95
  • 50-day avg $86.39
  • 200-day avg $70.33
Nov 2026: $108.95, 54.9% above its 200-day average. The price has been rising for 43 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021$50.47$58.76–
12 Nov 2021$51.46$55.32–
26 Nov 2021$53.88$53.89–
10 Dec 2021$50.61$52.66–
23 Dec 2021$49.11$52.12–
7 Jan 2022$56.82$52.35–
21 Jan 2022$52.47$53.02–
4 Feb 2022$57.50$53.49–
18 Feb 2022$58.91$54.81–
4 Mar 2022$50.48$55.71–
18 Mar 2022$50.92$54.66–
1 Apr 2022$50.15$54.04–
14 Apr 2022$49.10$52.88–
29 Apr 2022$47.12$50.45–
13 May 2022$49.17$49.01$54.81
27 May 2022$42.67$48.40$54.01
10 Jun 2022$35.61$46.30$52.67
24 Jun 2022$35.06$43.45$51.16
8 Jul 2022$28.21$40.02$49.72
22 Jul 2022$33.28$36.22$48.35
5 Aug 2022$37.20$34.16$47.55
19 Aug 2022$39.85$33.76$46.92
2 Sep 2022$32.76$34.19$46.16
16 Sep 2022$32.13$34.76$45.17
30 Sep 2022$29.12$35.07$44.08
14 Oct 2022$35.43$34.68$43.29
28 Oct 2022$38.58$34.27$42.38
11 Nov 2022$44.55$34.89$41.64
25 Nov 2022$47.40$36.98$41.06
9 Dec 2022$44.97$39.76$40.35
23 Dec 2022$40.38$41.23$39.84
6 Jan 2023$32.44$40.84$39.23
20 Jan 2023$39.75$40.66$38.56
3 Feb 2023$45.75$40.39$38.21
17 Feb 2023$41.53$39.72$37.92
3 Mar 2023$35.78$39.16$37.50
17 Mar 2023$30.33$38.18$36.91
31 Mar 2023$34.15$37.38$36.56
14 Apr 2023$33.11$36.10$36.58
28 Apr 2023$31.01$33.93$36.78
12 May 2023$25.50$31.40$36.58
26 May 2023$21.65$29.76$35.94
9 Jun 2023$18.08$27.52$34.99
23 Jun 2023$16.96$24.83$34.26
7 Jul 2023$19.41$22.19$33.56
21 Jul 2023$19.57$20.41$33.03
4 Aug 2023$20.41$19.32$32.34
18 Aug 2023$20.59$19.34$31.47
1 Sep 2023$19.81$19.31$30.38
15 Sep 2023$18.49$19.30$29.14
29 Sep 2023$16.68$18.76$27.77
13 Oct 2023$15.45$17.81$26.56
27 Oct 2023$18.52$17.38$25.74
10 Nov 2023$19.57$17.38$24.72
24 Nov 2023$21.21$17.89$23.71
8 Dec 2023$26.25$19.55$22.94
22 Dec 2023$27.95$21.79$22.44
5 Jan 2024$24.97$23.19$22.25
19 Jan 2024$23.44$24.13$21.85
2 Feb 2024$27.02$25.31$21.48
16 Feb 2024$29.49$26.21$21.33
1 Mar 2024$28.44$26.71$21.45
15 Mar 2024$18.34$25.47$21.29
28 Mar 2024$19.38$24.58$21.30
12 Apr 2024$17.93$23.28$21.31
26 Apr 2024$17.43$21.14$21.23
10 May 2024$19.59$18.92$21.15
24 May 2024$20.76$18.80$21.22
7 Jun 2024$20.17$19.31$21.27
21 Jun 2024$17.75$19.24$21.27
5 Jul 2024$17.31$19.20$21.25
19 Jul 2024$18.32$19.39$21.34
2 Aug 2024$16.17$18.79$21.46
16 Aug 2024$24.09$18.46$21.55
30 Aug 2024$23.46$19.53$21.82
13 Sep 2024$23.52$20.53$21.90
27 Sep 2024$26.04$21.95$21.88
11 Oct 2024$26.05$23.34$21.78
25 Oct 2024$28.38$25.10$21.91
8 Nov 2024$34.96$26.63$22.30
22 Nov 2024$37.09$29.25$22.77
6 Dec 2024$48.02$32.07$23.31
20 Dec 2024$44.96$36.25$24.24
3 Jan 2025$41.86$38.52$25.16
17 Jan 2025$37.10$39.89$25.99
31 Jan 2025$36.36$40.33$26.85
14 Feb 2025$32.83$39.49$27.65
28 Feb 2025$26.73$36.37$28.12
14 Mar 2025$18.57$31.66$28.04
28 Mar 2025$18.32$28.02$27.99
11 Apr 2025$17.09$24.05$27.97
25 Apr 2025$18.54$21.04$27.95
9 May 2025$19.26$18.95$27.98
23 May 2025$22.27$19.44$28.24
6 Jun 2025$22.16$19.54$28.24
20 Jun 2025$18.83$19.91$28.05
3 Jul 2025$20.57$20.35$27.90
18 Jul 2025$19.04$20.41$27.58
1 Aug 2025$18.72$20.09$27.35
15 Aug 2025$22.34$20.09$27.02
29 Aug 2025$23.02$20.50$26.55
12 Sep 2025$26.44$21.60$26.07
26 Sep 2025$26.24$23.01$25.35
10 Oct 2025$28.25$24.69$24.49
24 Oct 2025$33.17$26.66$23.98
7 Nov 2025$35.07$29.31$23.89
21 Nov 2025$36.70$31.32$23.85
5 Dec 2025$49.05$34.08$24.30
19 Dec 2025$56.70$39.08$25.69
2 Jan 2026$53.36$42.99$27.14
16 Jan 2026$59.86$48.35$29.19
30 Jan 2026$54.51$52.56$31.06
13 Feb 2026$58.54$56.77$33.16
27 Feb 2026$62.70$59.01$35.09
13 Mar 2026$44.86$58.35$36.51
27 Mar 2026$42.47$55.44$37.71
10 Apr 2026$50.37$53.29$39.02
24 Apr 2026$52.78$51.98$40.65
8 May 2026$48.04$49.83$42.22
22 May 2026$52.45$48.63$43.57
5 Jun 2026$74.60$52.20$45.52
18 Jun 2026$81.98$57.87$48.03
2 Jul 2026$76.71$63.25$50.54
17 Jul 2026$81.45$68.82$53.21
31 Jul 2026$88.68$76.84$56.10
14 Aug 2026$89.02$83.56$59.17
28 Aug 2026$87.85$85.64$61.75
11 Sep 2026$75.65$84.96$63.70
25 Sep 2026$82.91$84.97$65.53
9 Oct 2026$82.87$85.25$67.22
23 Oct 2026$90.82$84.51$68.89
4 Nov 2026$108.95$86.39$70.33
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

Price stage: Sideways from Oct 2025 to Jan 2026; Rising from Jan 2026 to Nov 2026.

Price stage: Falling in Nov 2023; Sideways from Dec 2023 to Mar 2024; Falling from Mar 2024 to Aug 2024; Rising from Aug 2024 to Feb 2025; Sideways from Feb 2025 to Sep 2025; Sideways from Sep 2025 to Jan 2026; Rising from Jan 2026 to Nov 2026.

Price stage: Falling from Dec 2022 to Jan 2023; Sideways from Jan 2023 to Feb 2023; Falling from Mar 2023 to Nov 2023; Sideways from Dec 2023 to Mar 2024; Falling from Mar 2024 to Aug 2024; Rising from Aug 2024 to Feb 2025; Sideways from Feb 2025 to Aug 2025; Sideways from Sep 2025 to Jan 2026; Rising from Jan 2026 to Nov 2026.

Week by week since 2021: did it beat the S&P 500 over the past 13 weeks?

Ahead in 118 of 264 weeks

Week by week since 2021: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
23 Jul 2021no S&P 500 reading
30 Jul 2021no S&P 500 reading
6 Aug 2021no S&P 500 reading
13 Aug 2021no S&P 500 reading
20 Aug 2021no S&P 500 reading
27 Aug 2021no S&P 500 reading
3 Sep 2021no S&P 500 reading
10 Sep 2021no S&P 500 reading
17 Sep 2021no S&P 500 reading
24 Sep 2021no S&P 500 reading
1 Oct 2021no S&P 500 reading
8 Oct 2021no S&P 500 reading
15 Oct 2021no S&P 500 reading
22 Oct 2021+26.6%
29 Oct 2021+8.0%
5 Nov 2021−16.8%
12 Nov 2021−36.0%
19 Nov 2021−25.6%
26 Nov 2021−23.4%
3 Dec 2021−20.9%
10 Dec 2021−23.6%
17 Dec 2021−24.1%
23 Dec 2021−24.5%
31 Dec 2021−7.6%
7 Jan 2022+2.6%
14 Jan 2022+3.2%
21 Jan 2022−0.6%
28 Jan 2022+14.1%
4 Feb 2022+16.1%
11 Feb 2022+25.6%
18 Feb 2022+13.7%
25 Feb 2022+8.6%
4 Mar 2022−0.2%
11 Mar 2022+3.4%
18 Mar 2022+6.1%
25 Mar 2022+12.1%
1 Apr 2022−5.1%
8 Apr 2022−10.9%
14 Apr 2022−7.0%
22 Apr 2022−9.9%
29 Apr 2022−8.6%
6 May 2022−6.2%
13 May 2022−11.5%
20 May 2022−16.2%
27 May 2022−18.7%
3 Jun 2022−12.8%
10 Jun 2022−16.9%
17 Jun 2022−18.8%
24 Jun 2022−20.2%
1 Jul 2022−28.4%
8 Jul 2022−28.5%
15 Jul 2022−29.6%
22 Jul 2022−20.2%
29 Jul 2022−21.6%
5 Aug 2022−24.9%
12 Aug 2022−23.8%
19 Aug 2022−16.4%
26 Aug 2022−12.3%
2 Sep 2022−16.6%
9 Sep 2022−7.4%
16 Sep 2022−6.1%
23 Sep 2022−8.7%
30 Sep 2022+10.4%
7 Oct 2022+26.8%
14 Oct 2022+30.8%
21 Oct 2022+17.1%
28 Oct 2022+10.0%
4 Nov 2022+14.0%
11 Nov 2022+16.5%
18 Nov 2022+16.6%
25 Nov 2022+31.0%
2 Dec 2022+31.9%
9 Dec 2022+33.6%
16 Dec 2022+19.7%
23 Dec 2022+30.5%
30 Dec 2022+15.8%
6 Jan 2023−11.3%
13 Jan 2023−3.1%
20 Jan 2023+1.1%
27 Jan 2023−2.9%
3 Feb 2023+7.6%
10 Feb 2023−11.0%
17 Feb 2023−8.4%
24 Feb 2023−15.3%
3 Mar 2023−18.8%
10 Mar 2023−27.3%
17 Mar 2023−22.5%
24 Mar 2023−24.5%
31 Mar 2023−11.6%
6 Apr 2023−5.8%
14 Apr 2023−17.3%
21 Apr 2023−20.4%
28 Apr 2023−23.2%
5 May 2023−39.2%
12 May 2023−38.2%
19 May 2023−41.5%
26 May 2023−51.1%
2 Jun 2023−49.6%
9 Jun 2023−54.6%
16 Jun 2023−48.1%
23 Jun 2023−56.2%
30 Jun 2023−57.2%
7 Jul 2023−47.1%
14 Jul 2023−50.6%
21 Jul 2023−50.9%
28 Jul 2023−44.8%
4 Aug 2023−34.9%
11 Aug 2023−29.3%
18 Aug 2023−23.3%
25 Aug 2023−21.5%
1 Sep 2023−7.1%
8 Sep 2023−12.0%
15 Sep 2023−6.6%
22 Sep 2023+1.9%
29 Sep 2023−0.7%
6 Oct 2023−22.8%
13 Oct 2023−16.1%
20 Oct 2023+6.2%
27 Oct 2023+1.9%
3 Nov 2023−1.4%
10 Nov 2023−1.7%
17 Nov 2023+1.0%
24 Nov 2023+14.2%
1 Dec 2023+42.3%
8 Dec 2023+55.2%
15 Dec 2023+34.2%
22 Dec 2023+52.6%
29 Dec 2023+47.9%
5 Jan 2024+62.3%
12 Jan 2024+43.3%
19 Jan 2024+6.0%
26 Jan 2024+21.5%
2 Feb 2024+24.3%
9 Feb 2024+35.6%
16 Feb 2024+26.5%
23 Feb 2024+27.4%
1 Mar 2024−12.0%
8 Mar 2024−42.2%
15 Mar 2024−37.8%
22 Mar 2024−39.2%
28 Mar 2024−37.0%
5 Apr 2024−36.8%
12 Apr 2024−31.7%
19 Apr 2024−28.9%
26 Apr 2024−37.1%
3 May 2024−38.5%
10 May 2024−36.9%
17 May 2024−30.8%
24 May 2024−33.8%
31 May 2024−22.7%
7 Jun 2024+7.0%
14 Jun 2024−9.8%
21 Jun 2024−14.9%
28 Jun 2024−12.9%
5 Jul 2024−13.3%
12 Jul 2024−3.7%
19 Jul 2024−4.9%
26 Jul 2024−0.5%
2 Aug 2024−12.1%
9 Aug 2024−1.4%
16 Aug 2024+4.0%
23 Aug 2024+6.5%
30 Aug 2024−3.9%
6 Sep 2024+18.0%
13 Sep 2024+29.2%
20 Sep 2024+39.8%
27 Sep 2024+42.4%
4 Oct 2024+37.0%
11 Oct 2024+33.7%
18 Oct 2024+43.5%
25 Oct 2024+46.3%
1 Nov 2024+87.7%
8 Nov 2024+64.6%
15 Nov 2024+46.6%
22 Nov 2024+52.6%
29 Nov 2024+58.7%
6 Dec 2024+87.3%
13 Dec 2024+99.6%
20 Dec 2024+71.7%
27 Dec 2024+58.2%
3 Jan 2025+69.1%
10 Jan 2025+44.1%
17 Jan 2025+32.8%
24 Jan 2025+28.0%
31 Jan 2025+10.0%
7 Feb 2025−8.5%
14 Feb 2025−14.6%
21 Feb 2025−25.4%
28 Feb 2025−29.8%
7 Mar 2025−55.1%
14 Mar 2025−55.0%
21 Mar 2025−48.9%
28 Mar 2025−50.0%
4 Apr 2025−44.9%
11 Apr 2025−46.5%
17 Apr 2025−45.0%
25 Apr 2025−41.5%
2 May 2025−40.3%
9 May 2025−34.0%
16 May 2025−25.7%
23 May 2025−16.9%
30 May 2025−19.8%
6 Jun 2025+12.3%
13 Jun 2025−8.1%
20 Jun 2025−15.4%
27 Jun 2025−5.2%
3 Jul 2025−2.4%
11 Jul 2025−4.8%
18 Jul 2025−0.2%
25 Jul 2025+0.2%
1 Aug 2025−14.1%
8 Aug 2025−3.2%
15 Aug 2025−13.5%
22 Aug 2025−12.0%
29 Aug 2025−0.9%
5 Sep 2025+10.4%
12 Sep 2025+35.2%
19 Sep 2025+29.7%
26 Sep 2025+28.2%
3 Oct 2025+34.4%
10 Oct 2025+42.9%
17 Oct 2025+53.2%
24 Oct 2025+48.1%
31 Oct 2025+78.6%
7 Nov 2025+60.7%
14 Nov 2025+55.4%
21 Nov 2025+63.6%
28 Nov 2025+73.6%
5 Dec 2025+80.9%
12 Dec 2025+102.4%
19 Dec 2025+110.5%
26 Dec 2025+100.8%
2 Jan 2026+81.3%
9 Jan 2026+127.0%
16 Jan 2026+93.6%
23 Jan 2026+78.4%
30 Jan 2026+53.2%
6 Feb 2026+75.1%
13 Feb 2026+62.5%
20 Feb 2026+70.8%
27 Feb 2026+51.3%
6 Mar 2026−2.8%
13 Mar 2026−14.8%
20 Mar 2026−16.2%
27 Mar 2026−12.9%
2 Apr 2026−9.8%
10 Apr 2026−21.5%
17 Apr 2026−11.3%
24 Apr 2026−15.3%
1 May 2026−8.1%
8 May 2026−29.9%
15 May 2026−29.9%
22 May 2026−26.7%
29 May 2026−22.6%
5 Jun 2026+49.9%
12 Jun 2026+63.8%
18 Jun 2026+67.6%
26 Jun 2026+93.4%
2 Jul 2026+53.2%
10 Jul 2026+44.5%
17 Jul 2026+44.2%
24 Jul 2026+54.8%
31 Jul 2026+65.7%
7 Aug 2026+100.3%
14 Aug 2026+88.7%
21 Aug 2026+60.1%
28 Aug 2026+58.0%
4 Sep 2026−3.1%
11 Sep 2026−7.1%
18 Sep 2026−6.9%
25 Sep 2026−12.1%
2 Oct 2026+16.2%
9 Oct 2026+2.6%
16 Oct 2026+4.5%
23 Oct 2026+5.9%
30 Oct 2026+7.8%
4 Nov 2026+11.4%
Each bar is one week, from 2021 to now (264 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 5.3 years the share price moved +159% while the S&P 500 moved +74%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Victoria's Secret pay?

Victoria's Secret & Co. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Victoria's Secret on?

Victoria's Secret is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Victoria's Secret profitable?

Victoria's Secret & Co. earned $183 M of net profit in the Aug 2026 quarter, +1,043.8% on the same quarter a year earlier. Full-year FY26 profit was $161 M. Over 4 years profit has grown −29.3% a year on average. That is 11.4% of the quarter's revenue. The same quarter a year earlier lost $31.4 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

6 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was $161 M (−2.4% on the year before).

FY26 profit $161 M (−2.4% on the year before), −29.3% a year over 4 years

  • Net profit $161 M
FY26 profit $161 M (−2.4% on the year before), −29.3% a year over 4 years
QuarterNet profit
FY22$646 M
FY23$348 M
FY24$109 M
FY25$165 M
FY26$161 M

Growth on a year earlier

  • Growth on a year earlier −2.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY23−46.1%
FY24−68.7%
FY2551.4%
FY26−2.4%
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Aug 2026: $183 M (+1,043.8% on a year earlier)

  • Net profit (quarterly) $183 M
Aug 2026: $183 M (+1,043.8% on a year earlier)
QuarterNet profit (quarterly)
May 2024−$4.0 M
Aug 2024$32.0 M
Sep 2024−$54.9 M
Nov 2024−$56.0 M
Feb 2025$193 M
May 2025−$2.0 M
Aug 2025$16.0 M
Sep 2025−$31.4 M
Nov 2025−$37.0 M
Jan 2026$184 M
May 2026$48.0 M
Aug 2026$183 M

Growth on a year earlier

  • Growth on a year earlier 1,043.8%
Growth on a year earlier
QuarterGrowth on a year earlier
May 2024−500%
Aug 2024–
Sep 2024–
Nov 2024–
Feb 20256.6%
May 2025–
Aug 2025−50%
Sep 2025–
Nov 2025–
Jan 2026−4.7%
May 2026–
Aug 20261,043.8%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Victoria's Secret make, and is it growing?

Victoria's Secret & Co. reported $1.6 B of revenue in the Aug 2026 quarter, +10.4% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 4 years it has grown −0.9% a year on average. The last full year, FY26, came in at $6.6 B.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to $6.9 B.

FY26 revenue was $6.6 B, +5.2% on the year before.

FY26 revenue $6.6 B (+5.2% on the year before), −0.9% a year over 4 years

  • Revenue $6.6 B
FY26 revenue $6.6 B (+5.2% on the year before), −0.9% a year over 4 years
QuarterRevenue
FY22$6.8 B
FY23$6.3 B
FY24$6.2 B
FY25$6.2 B
FY26$6.6 B

Growth on a year earlier

  • Growth on a year earlier 5.2%
Growth on a year earlier
QuarterGrowth on a year earlier
FY22–
FY23−6.5%
FY24−2.6%
FY250.8%
FY265.2%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Aug 2026: $1.6 B (+10.4% on a year earlier), the 4th quarter in a row of growth

  • Revenue (quarterly) $1.6 B
Aug 2026: $1.6 B (+10.4% on a year earlier), the 4th quarter in a row of growth
QuarterRevenue (quarterly)
May 2024$1.4 B
Aug 2024$1.4 B
Sep 2024−$759 M
Nov 2024$1.3 B
Feb 2025$2.1 B
May 2025$1.4 B
Aug 2025$1.5 B
Sep 2025$1.5 B
Nov 2025$1.5 B
Jan 2026$2.3 B
May 2026$1.6 B
Aug 2026$1.6 B

Growth on a year earlier

  • Growth on a year earlier 10.4%
Growth on a year earlier
QuarterGrowth on a year earlier
May 2024−3.4%
Aug 2024−0.7%
Sep 2024−160%
Nov 20246.5%
Feb 20251.1%
May 2025−0.4%
Aug 20253%
Sep 2025–
Nov 20259.3%
Jan 20267.7%
May 202615.3%
Aug 202610.4%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +10.7% on average, against −0.9% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +8.2%, against +43.3% a year over the last 8 quarters (rolling over).

How much of every $100 of sales does Victoria's Secret keep?

Victoria's Secret & Co.'s operating margin was 7.8% in the Aug 2026 quarter, 4.4 percentage points higher than the same quarter a year ago. Over the last four quarters it has moved +9.1 percentage points. Across 5 years it has been between 4.2% and 12.8%. The latest quarter is within that range.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +9.1 percentage points on the year while gross margin changed +2.5 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY26: 5.9%, within a range of 4.2% to 12.8% over 5 years

  • Operating margin 5.9%
FY26: 5.9%, within a range of 4.2% to 12.8% over 5 years
QuarterOperating margin
FY2212.8%
FY238.3%
FY244.2%
FY255.2%
FY265.9%

Change on the year before (points)

  • Change on the year before (points) +0.7 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY22–
FY23−4.5 pts
FY24−4.1 pts
FY25+1.0 pts
FY26+0.7 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Aug 2026: operating margin 7.8% (+4.4 points on a year earlier)

  • Operating margin 7.8%
Aug 2026: operating margin 7.8% (+4.4 points on a year earlier)
QuarterOperating margin
May 20242.4%
Aug 20244%
Sep 20246.2%
Nov 2024−2.5%
Feb 202512.9%
May 20251.9%
Aug 20253.4%
Sep 2025−1.3%
Nov 2025−0.3%
Jan 202613.9%
May 20265.2%
Aug 20267.8%

Change on a year earlier (points)

  • Change on a year earlier (points) +4.4 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
May 2024−1.1 pts
Aug 2024+1.0 pts
Sep 2024+11.4 pts
Nov 2024+2.7 pts
Feb 2025−0.4 pts
May 2025−0.5 pts
Aug 2025−0.6 pts
Sep 2025−7.5 pts
Nov 2025+2.2 pts
Jan 2026+1.0 pts
May 2026+3.3 pts
Aug 2026+4.4 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Victoria's Secret's profit turning into cash?

Over the last 3 years, 302% of Victoria's Secret & Co.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in $499 M of operating cash against $161 M of profit. After $187 M of spending on assets, $312 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY26: operating cash $499 M against profit $161 M; 302% of 3 years' profit came in as cash

  • Operating cash $499 M
  • Net profit $161 M
  • Free cash $312 M
FY26: operating cash $499 M against profit $161 M; 302% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY22$851 M$646 M$682 M
FY23$437 M$348 M$273 M
FY24$389 M$109 M$133 M
FY25$425 M$165 M$247 M
FY26$499 M$161 M$312 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Aug 2026: operating cash $402 M = 220% of the quarter's profit

  • Operating cash (quarterly) $402 M
Aug 2026: operating cash $402 M = 220% of the quarter's profit
QuarterOperating cash (quarterly)
May 2024−$116 M
Aug 2024$115 M
Sep 2024−$124 M
Nov 2024−$248 M
Feb 2025$674 M
May 2025−$150 M
Aug 2025$156 M
Sep 2025$247 M
Nov 2025−$180 M
Jan 2026$673 M
May 2026−$137 M
Aug 2026$402 M

Operating cash as % of profit

  • Operating cash as % of profit 220%
Operating cash as % of profit
QuarterOperating cash as % of profit
May 2024–
Aug 2024359%
Sep 2024–
Nov 2024–
Feb 2025349%
May 2025–
Aug 2025975%
Sep 2025–
Nov 2025–
Jan 2026366%
May 2026−285%
Aug 2026220%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Victoria's Secret's cash go?

Victoria's Secret & Co. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $621 M on assets over the last 3 years. Averaged over those years that is 3.2% of FY26 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $621 M over the last 3 years.

FY26: capex $187 M, steady spending

  • Capex $187 M
FY26: capex $187 M, steady spending
QuarterCapex
FY22$169 M
FY23$164 M
FY24$256 M
FY25$178 M
FY26$187 M
Capital spending each year, $ M.

Aug 2026: capex $74.0 M in the quarter

  • Capex (quarterly) $74.0 M
Aug 2026: capex $74.0 M in the quarter
QuarterCapex (quarterly)
May 2024$39.0 M
Aug 2024$60.0 M
Sep 2024$25.5 M
Nov 2024$51.0 M
Feb 2025$28.0 M
May 2025$43.0 M
Aug 2025$68.0 M
Sep 2025$38.0 M
Nov 2025$52.0 M
Jan 2026$24.0 M
May 2026$54.0 M
Aug 2026$74.0 M

Free cash

  • Free cash $328 M
Free cash
QuarterFree cash
May 2024−$155 M
Aug 2024$55.0 M
Sep 2024−$150 M
Nov 2024−$299 M
Feb 2025$646 M
May 2025−$193 M
Aug 2025$88.0 M
Sep 2025$209 M
Nov 2025−$232 M
Jan 2026$649 M
May 2026−$191 M
Aug 2026$328 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Victoria's Secret's P/E ratio, and how does it compare with its own history?

Victoria's Secret & Co.'s P/E is 24.4×, near the high end of its own history: higher than 84% of past readings. Its usual P/E (the middle reading) is 14.9×, over 4.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 24.4× against a usual 14.9×: near the high end of its own history: higher than 84% of past readings

  • P/E 24.4×
  • Median 14.9×
P/E 24.4× against a usual 14.9×: near the high end of its own history: higher than 84% of past readings
WeekP/EMedian
5 Aug 20227.08×14.9×
12 Aug 20227.72×14.9×
19 Aug 20227.58×14.9×
26 Aug 20226.92×14.9×
2 Sep 20226.23×14.9×
9 Sep 20226.56×14.9×
16 Sep 20226.11×14.9×
23 Sep 20225.71×14.9×
30 Sep 20225.54×14.9×
7 Oct 20226.45×14.9×
14 Oct 20226.74×14.9×
21 Oct 20227.08×14.9×
28 Oct 20227.34×14.9×
4 Nov 20228.25×14.9×
11 Nov 20229.40×14.9×
18 Nov 20229.29×14.9×
25 Nov 202210.0×14.9×
2 Dec 20229.38×14.9×
9 Dec 20229.49×14.9×
16 Dec 20228.08×14.9×
23 Dec 20228.52×14.9×
30 Dec 20227.55×14.9×
6 Jan 20236.85×14.9×
13 Jan 20238.10×14.9×
20 Jan 20238.39×14.9×
27 Jan 20238.25×14.9×
3 Feb 202311.1×14.9×
10 Feb 20239.84×14.9×
17 Feb 202310.0×14.9×
24 Feb 20239.53×14.9×
3 Mar 20238.65×14.9×
10 Mar 20237.70×14.9×
17 Mar 20237.33×14.9×
24 Mar 20237.70×14.9×
31 Mar 20238.25×14.9×
6 Apr 20237.81×14.9×
14 Apr 20238.00×14.9×
21 Apr 20238.04×14.9×
28 Apr 20237.49×14.9×
5 May 20238.65×14.9×
12 May 20237.92×14.9×
19 May 20237.91×14.9×
26 May 20236.73×14.9×
2 Jun 20236.26×14.9×
9 Jun 20235.62×14.9×
16 Jun 20236.09×14.9×
23 Jun 20235.27×14.9×
30 Jun 20235.42×14.9×
7 Jul 20236.03×14.9×
14 Jul 20236.00×14.9×
21 Jul 20236.08×14.9×
28 Jul 20236.27×14.9×
4 Aug 20238.62×14.9×
11 Aug 20238.50×14.9×
18 Aug 20238.70×14.9×
25 Aug 20237.61×14.9×
1 Sep 20238.37×14.9×
8 Sep 20236.99×14.9×
15 Sep 20237.81×14.9×
22 Sep 20237.26×14.9×
29 Sep 20237.04×14.9×
6 Oct 20236.16×14.9×
13 Oct 20236.52×14.9×
20 Oct 20238.21×14.9×
27 Oct 20237.82×14.9×
3 Nov 202316.9×14.9×
10 Nov 202316.9×14.9×
17 Nov 202318.6×14.9×
24 Nov 202318.4×14.9×
1 Dec 202324.7×14.9×
8 Dec 202322.7×14.9×
15 Dec 202322.4×14.9×
22 Dec 202324.2×14.9×
29 Dec 202323.0×14.9×
5 Jan 202421.6×14.9×
12 Jan 202420.5×14.9×
19 Jan 202420.3×14.9×
26 Jan 202422.5×14.9×
2 Feb 202423.4×14.9×
9 Feb 202421.4×14.9×
16 Feb 202421.6×14.9×
23 Feb 202421.6×14.9×
1 Mar 202420.9×14.9×
8 Mar 202413.3×14.9×
15 Mar 202413.5×14.9×
22 Mar 202414.5×14.9×
28 Mar 202414.2×14.9×
5 Apr 202413.6×14.9×
12 Apr 202413.2×14.9×
19 Apr 202412.7×14.9×
26 Apr 202412.8×14.9×
3 May 202412.9×14.9×
10 May 202415.1×14.9×
17 May 202417.1×14.9×
24 May 202416.0×14.9×
31 May 202417.5×14.9×
7 Jun 202415.5×14.9×
14 Jun 202413.6×14.9×
21 Jun 202413.7×14.9×
28 Jun 202413.6×14.9×
5 Jul 202413.3×14.9×
12 Jul 202414.6×14.9×
19 Jul 202414.1×14.9×
26 Jul 202414.3×14.9×
2 Aug 202412.4×14.9×
9 Aug 202411.5×14.9×
16 Aug 202414.0×14.9×
23 Aug 202413.6×14.9×
30 Aug 202413.6×14.9×
6 Sep 202414.0×14.9×
13 Sep 202413.7×14.9×
20 Sep 202414.9×14.9×
27 Sep 202415.1×14.9×
4 Oct 202412.1×14.9×
11 Oct 202412.9×14.9×
18 Oct 202413.7×14.9×
25 Oct 202414.1×14.9×
1 Nov 202415.7×14.9×
8 Nov 202417.4×14.9×
15 Nov 202418.2×14.9×
22 Nov 202418.4×14.9×
29 Nov 202419.3×14.9×
6 Dec 202423.9×14.9×
13 Dec 202424.2×14.9×
20 Dec 202422.4×14.9×
27 Dec 202421.0×14.9×
3 Jan 202520.8×14.9×
10 Jan 202518.7×14.9×
17 Jan 202518.4×14.9×
24 Jan 202518.8×14.9×
31 Jan 202518.1×14.9×
7 Feb 202523.3×14.9×
14 Feb 202523.8×14.9×
21 Feb 202520.3×14.9×
28 Feb 202519.4×14.9×
7 Mar 202513.8×14.9×
14 Mar 202513.4×14.9×
21 Mar 202515.2×14.9×
28 Mar 202513.3×14.9×
4 Apr 202512.3×14.9×
11 Apr 202512.4×14.9×
17 Apr 202511.6×14.9×
25 Apr 202513.4×14.9×
2 May 202514.2×14.9×
9 May 202520.1×14.9×
16 May 202524.6×14.9×
23 May 202523.3×14.9×
30 May 202522.2×14.9×
6 Jun 202523.2×14.9×
13 Jun 202519.0×14.9×
20 Jun 202519.7×14.9×
27 Jun 202520.2×14.9×
3 Jul 202521.5×14.9×
11 Jul 202520.0×14.9×
18 Jul 202519.9×14.9×
25 Jul 202522.5×14.9×
1 Aug 202519.6×14.9×
8 Aug 202511.8×14.9×
15 Aug 202512.5×14.9×
22 Aug 202512.4×14.9×
29 Aug 202512.9×14.9×
5 Sep 202514.7×14.9×
12 Sep 202514.8×14.9×
19 Sep 202514.9×14.9×
26 Sep 202514.7×14.9×
3 Oct 202513.8×14.9×
10 Oct 202513.4×14.9×
17 Oct 202514.4×14.9×
24 Oct 202515.8×14.9×
31 Oct 202516.7×14.9×
7 Nov 202516.6×14.9×
14 Nov 202516.9×14.9×
21 Nov 202517.4×14.9×
28 Nov 202519.6×14.9×
5 Dec 202523.3×14.9×
12 Dec 202525.9×14.9×
19 Dec 202526.9×14.9×
26 Dec 202525.6×14.9×
2 Jan 202625.3×14.9×
9 Jan 202631.3×14.9×
16 Jan 202628.4×14.9×
23 Jan 202628.4×14.9×
30 Jan 202625.9×14.9×
6 Feb 202640.6×14.9×
13 Feb 202638.0×14.9×
20 Feb 202641.8×14.9×
27 Feb 202640.7×14.9×
6 Mar 202630.4×14.9×
13 Mar 202629.1×14.9×
20 Mar 202629.1×14.9×
27 Mar 202627.6×14.9×
2 Apr 202629.9×14.9×
10 Apr 202632.7×14.9×
17 Apr 202635.6×14.9×
24 Apr 202634.3×14.9×
1 May 202634.0×14.9×
8 May 202625.3×14.9×
15 May 202624.2×14.9×
22 May 202627.6×14.9×
29 May 202629.0×14.9×
5 Jun 202639.3×14.9×
12 Jun 202641.5×14.9×
18 Jun 202642.9×14.9×
26 Jun 202642.9×14.9×
2 Jul 202640.4×14.9×
10 Jul 202641.3×14.9×
17 Jul 202642.9×14.9×
24 Jul 202642.9×14.9×
31 Jul 202642.9×14.9×
7 Aug 202622.1×14.9×
14 Aug 202619.9×14.9×
21 Aug 202619.1×14.9×
28 Aug 202619.7×14.9×
4 Sep 202616.9×14.9×
11 Sep 202616.9×14.9×
18 Sep 202617.4×14.9×
25 Sep 202618.6×14.9×
2 Oct 202620.5×14.9×
9 Oct 202618.5×14.9×
16 Oct 202619.5×14.9×
23 Oct 202620.3×14.9×
30 Oct 202621.6×14.9×
4 Nov 202624.4×14.9×

Earnings per share, 12 months

  • Earnings per share, 12 months $4.47
Earnings per share, 12 months
WeekEarnings per share, 12 months
5 Aug 2022–
12 Aug 2022–
19 Aug 2022–
26 Aug 2022–
2 Sep 2022–
9 Sep 2022–
16 Sep 2022–
23 Sep 2022–
30 Sep 2022$5.26
7 Oct 2022$5.26
14 Oct 2022$5.26
21 Oct 2022$5.26
28 Oct 2022$5.26
4 Nov 2022$5.26
11 Nov 2022$5.26
18 Nov 2022$5.26
25 Nov 2022$5.26
2 Dec 2022$5.26
9 Dec 2022$5.26
16 Dec 2022$5.26
23 Dec 2022$5.26
30 Dec 2022$4.74
6 Jan 2023$4.74
13 Jan 2023$4.74
20 Jan 2023$4.74
27 Jan 2023$4.74
3 Feb 2023$4.74
10 Feb 2023$4.74
17 Feb 2023$4.74
24 Feb 2023$4.74
3 Mar 2023$4.74
10 Mar 2023$4.74
17 Mar 2023$4.74
24 Mar 2023$4.74
31 Mar 2023$4.14
6 Apr 2023$4.14
14 Apr 2023$4.14
21 Apr 2023$4.14
28 Apr 2023$4.14
5 May 2023$4.14
12 May 2023$4.14
19 May 2023$4.14
26 May 2023$4.14
2 Jun 2023$4.14
9 Jun 2023$4.14
16 Jun 2023$4.14
23 Jun 2023$4.14
30 Jun 2023$3.22
7 Jul 2023$3.22
14 Jul 2023$3.22
21 Jul 2023$3.22
28 Jul 2023$3.22
4 Aug 2023$3.22
11 Aug 2023$3.22
18 Aug 2023$3.22
25 Aug 2023$3.22
1 Sep 2023$3.22
8 Sep 2023$3.22
15 Sep 2023$3.22
22 Sep 2023$3.22
29 Sep 2023$2.37
6 Oct 2023$2.37
13 Oct 2023$2.37
20 Oct 2023$2.37
27 Oct 2023$2.37
3 Nov 2023$2.37
10 Nov 2023$2.37
17 Nov 2023$2.37
24 Nov 2023$2.37
1 Dec 2023$2.37
8 Dec 2023$2.37
15 Dec 2023$2.37
22 Dec 2023$2.37
29 Dec 2023$1.16
5 Jan 2024$1.16
12 Jan 2024$1.16
19 Jan 2024$1.16
26 Jan 2024$1.16
2 Feb 2024$1.16
9 Feb 2024$1.16
16 Feb 2024$1.16
23 Feb 2024$1.16
1 Mar 2024$1.16
8 Mar 2024$1.16
15 Mar 2024$1.16
22 Mar 2024$1.16
28 Mar 2024$1.36
5 Apr 2024$1.36
12 Apr 2024$1.36
19 Apr 2024$1.36
26 Apr 2024$1.36
3 May 2024$1.36
10 May 2024$1.36
17 May 2024$1.36
24 May 2024$1.36
31 May 2024$1.36
7 Jun 2024$1.36
14 Jun 2024$1.36
21 Jun 2024$1.36
28 Jun 2024$1.30
5 Jul 2024$1.30
12 Jul 2024$1.30
19 Jul 2024$1.30
26 Jul 2024$1.30
2 Aug 2024$1.30
9 Aug 2024$1.30
16 Aug 2024$1.30
23 Aug 2024$1.30
30 Aug 2024$1.30
6 Sep 2024$1.30
13 Sep 2024$1.30
20 Sep 2024$1.30
27 Sep 2024$1.72
4 Oct 2024$1.72
11 Oct 2024$1.72
18 Oct 2024$1.72
25 Oct 2024$1.72
1 Nov 2024$1.72
8 Nov 2024$1.72
15 Nov 2024$1.72
22 Nov 2024$1.72
29 Nov 2024$1.72
6 Dec 2024$1.72
13 Dec 2024$1.72
20 Dec 2024$1.72
27 Dec 2024$2.01
3 Jan 2025$2.01
10 Jan 2025$2.01
17 Jan 2025$2.01
24 Jan 2025$2.01
31 Jan 2025$2.01
7 Feb 2025$2.01
14 Feb 2025$2.01
21 Feb 2025$2.01
28 Feb 2025$2.01
7 Mar 2025$2.01
14 Mar 2025$2.01
21 Mar 2025$2.01
28 Mar 2025$1.38
4 Apr 2025$1.38
11 Apr 2025$1.38
17 Apr 2025$1.38
25 Apr 2025$1.38
2 May 2025$1.38
9 May 2025$1.38
16 May 2025$1.38
23 May 2025$1.38
30 May 2025$1.38
6 Jun 2025$1.38
13 Jun 2025$1.38
20 Jun 2025$1.38
27 Jun 2025$0.96
3 Jul 2025$0.96
11 Jul 2025$0.96
18 Jul 2025$0.96
25 Jul 2025$0.96
1 Aug 2025$0.96
8 Aug 2025$0.96
15 Aug 2025$0.96
22 Aug 2025$0.96
29 Aug 2025$0.96
5 Sep 2025$0.96
12 Sep 2025$0.96
19 Sep 2025$0.96
26 Sep 2025$1.79
3 Oct 2025$1.79
10 Oct 2025$1.79
17 Oct 2025$1.79
24 Oct 2025$1.79
31 Oct 2025$1.79
7 Nov 2025$1.79
14 Nov 2025$1.79
21 Nov 2025$1.79
28 Nov 2025$1.79
5 Dec 2025$1.79
12 Dec 2025$1.79
19 Dec 2025$1.79
26 Dec 2025$2.11
2 Jan 2026$2.11
9 Jan 2026$2.11
16 Jan 2026$2.11
23 Jan 2026$2.11
30 Jan 2026$2.11
6 Feb 2026$2.11
13 Feb 2026$2.11
20 Feb 2026$2.11
27 Feb 2026$2.11
6 Mar 2026$2.11
13 Mar 2026$2.11
20 Mar 2026$2.11
27 Mar 2026$1.54
2 Apr 2026$1.54
10 Apr 2026$1.54
17 Apr 2026$1.54
24 Apr 2026$1.54
1 May 2026$1.54
8 May 2026$1.54
15 May 2026$1.54
22 May 2026$1.54
29 May 2026$1.54
5 Jun 2026$1.54
12 Jun 2026$1.54
18 Jun 2026$1.54
26 Jun 2026$1.90
2 Jul 2026$1.90
10 Jul 2026$1.90
17 Jul 2026$1.90
24 Jul 2026$1.90
31 Jul 2026$1.90
7 Aug 2026$1.90
14 Aug 2026$1.90
21 Aug 2026$1.90
28 Aug 2026$1.90
4 Sep 2026$1.90
11 Sep 2026$1.90
18 Sep 2026$1.90
25 Sep 2026$4.47
2 Oct 2026$4.47
9 Oct 2026$4.47
16 Oct 2026$4.47
23 Oct 2026$4.47
30 Oct 2026$4.47
4 Nov 2026$4.47
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.2 years of history; short peaks above 43× are drawn at the top edge.

PEG 0.67 at the Aug 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate

  • PEG 0.67×
  • PEG = 1.0 1.00×
PEG 0.67 at the Aug 2026 quarter end: below 1.0, so the P/E is smaller than the earnings growth rate
QuarterPEGPEG = 1.0
Oct 20210.62×1.00×
Jan 20220.72×1.00×
Apr 20220.66×1.00×
Jul 20221.32×1.00×
Oct 20221.58×1.00×
Jan 20234.41×1.00×
Apr 20230.65×1.00×
Jul 20236.00×1.00×
Oct 20234.45×1.00×
Feb 20242.14×1.00×
May 20242.14×1.00×
Aug 20242.14×1.00×
Nov 20246.00×1.00×
Feb 20251.52×1.00×
May 20250.86×1.00×
Aug 20250.86×1.00×
Nov 20250.86×1.00×
Jan 20262.11×1.00×
May 20260.90×1.00×
Aug 20260.67×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters; values above 6 are drawn at the top edge.
24.4×P/E · higher than 84% of its last 4.2 years
0.69PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −5.9% while the price moved +210.7%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +77.2% a year; about +56.9% a year came from earnings growth and about +20.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

Is the Victoria's Secret business getting better or worse?

Victoria's Secret & Co.'s business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 10.9%; each line tells part of the story. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +5.2% in FY26, profit −2.4%

  • Revenue growth 5.2%
Growth year by year: revenue +5.2% in FY26, profit −2.4%
QuarterRevenue growth
FY22–
FY23−6.5%
FY24−2.6%
FY250.8%
FY265.2%

Profit growth, EPS growth

  • Profit growth −2.4%
  • EPS growth −5.9%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY22––
FY23−46.1%−42.3%
FY24−68.7%−66.4%
FY2551.4%47.5%
FY26−2.4%−5.9%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue rolling over

  • Revenue 8.2%
Three growth lines over twelve quarters: revenue rolling over
QuarterRevenue
May 2024−2.1%
Aug 2024−0.8%
Sep 2024−33%
Nov 2024−45.6%
Feb 2025−33%
May 2025−33.9%
Aug 202552.8%
Sep 202589.9%
Nov 202540%
Jan 202664.8%
May 20268.1%
Aug 20268.2%

Profit, EPS

  • Profit 115.3%
  • EPS 112.2%
Profit, EPS
QuarterProfitEPS
May 2024−60.8%−59.6%
Aug 2024−29.9%−27.3%
Sep 202451.1%74.2%
Nov 2024−175.4%−172.8%
Feb 20258.6%6.2%
May 2025−42%−44.4%
Aug 2025−2%−11.3%
Sep 2025––
Nov 2025−147.7%−148.9%
Jan 202664.3%61%
May 20268.3%6.3%
Aug 2026115.3%112.2%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 10.9%
ROCE: the return line, worked out each quarter
QuarterROCE
May 20249.6%
Aug 20249.6%
Sep 20249.9%
Nov 20240.3%
Feb 20258.1%
May 20256.7%
Aug 20259.5%
Sep 20259.5%
Nov 20251.5%
Jan 202610%
May 202610.9%
Aug 2026–
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Turning downRevenue growth · latest +8.2%, range −45.6% to +89.9%
FlatProfit growth · latest +115.3%, range −175.4% to +115.3%
FlatEPS growth · latest +112.2%, range −172.8% to +112.2%
Stuck lowROCE · latest 10.9%, range 0.3% to 10.9%

Why it matters: when the lines disagree, each line above matters more than any single label.

The latest quarter’s profit includes a one-off item bigger than the normal business, so the profit line is shown but does not count in this reading.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+5.2%+1.1%——
Profit−2.4%−22.7%——
EPS−5.9%−22.5%——
Stock price+210.7%+77.2%+16.2%—
+10.4%Revenue growth (Aug 2026) · latest quarter against a year ago
+1,043.8%Profit growth (Aug 2026) · latest quarter against a year ago
−0.9%Revenue, 4 years · yearly growth over the long run

How much does Victoria's Secret earn on its capital?

Victoria's Secret & Co. earned a ROE of 18% in FY26. Its return on capital used (ROIC) is 0.2 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 2.5% net margin and 1.31× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY26): a 2.5% net margin × 1.31× asset turnover × 5.51× leverage (assets divided by equity) ≈ 18.0% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 12.6% − 12.4% = +0.2 percentage points. The 12.4% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

The 12.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 10.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY26: ROE 18%, the full history

  • ROE 17.7%
  • ROIC (annual) 10.9%
  • Cost of capital 12.4%
FY26: ROE 18%, the full history
QuarterROEROIC (annual)Cost of capital
FY22251.4%26.5%12.4%
FY2386.8%16.6%12.4%
FY2424.9%7.2%12.4%
FY2524.8%8.3%12.4%
FY2617.7%10.9%12.4%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 12.4% cost of capital used on this page.

Aug 2026: ROIC 11.7% (last 12 months) against a 12.4% cost of capital

  • ROIC (12 months) 11.7%
  • ROE (12 months) 26%
  • Cost of capital 12.4%
Aug 2026: ROIC 11.7% (last 12 months) against a 12.4% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
May 20245.5%217.8%12.4%
Aug 20243.7%−2.7%12.4%
Sep 20243.2%−11.4%12.4%
Nov 20246.7%27.3%12.4%
Feb 2025−1.5%−46.5%12.4%
May 20255.8%138.9%12.4%
Aug 20257.4%1.8%12.4%
Sep 20255.5%−4%12.4%
Nov 20257.6%10.4%12.4%
Jan 20260.9%−17.7%12.4%
May 20269.1%100.1%12.4%
Aug 202611.7%26%12.4%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Victoria's Secret have too much debt?

Victoria's Secret & Co. has total debt of $2.9 B against shareholder equity of $1.1 B as of Aug 2026, so its debt is 2.76× its equity. Year by year, that ratio went from 10.26 in FY22 to 3.13 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt $2.8 B, 3.13× equity

  • Total debt $2.8 B
FY26: debt $2.8 B, 3.13× equity
QuarterTotal debt
FY22$2.6 B
FY23$2.8 B
FY24$2.7 B
FY25$2.7 B
FY26$2.8 B

Debt-to-equity

  • Debt-to-equity 3.13×
Debt-to-equity
QuarterDebt-to-equity
FY2210.3×
FY236.95×
FY246.17×
FY254.06×
FY263.13×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Aug 2026: debt $2.9 B, debt-to-equity 2.76

  • Total debt (quarterly) $2.9 B
Aug 2026: debt $2.9 B, debt-to-equity 2.76
QuarterTotal debt (quarterly)
May 2024$2.7 B
Aug 2024$2.8 B
Sep 2024$2.7 B
Nov 2024$3.1 B
Feb 2025$2.7 B
May 2025$2.8 B
Aug 2025$2.9 B
Sep 2025$2.8 B
Nov 2025$3.2 B
Jan 2026$2.8 B
May 2026$2.9 B
Aug 2026$2.9 B

Debt-to-equity

  • Debt-to-equity 2.76×
Debt-to-equity
QuarterDebt-to-equity
May 20245.96×
Aug 20245.68×
Sep 20244.06×
Nov 20246.84×
Feb 20254.06×
May 20254.20×
Aug 20254.05×
Sep 20253.13×
Nov 20254.62×
Jan 20263.13×
May 20263.37×
Aug 20262.76×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Victoria's Secret shareholding pattern?

13.9% of Victoria's Secret & Co.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 5.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

13.9%Short interest · of the tradable float
5.9Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Victoria's Secret from balance-sheet trouble?

For Victoria's Secret & Co., the Z-score is 2.55. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 2.55 is in the grey area, neither clearly safe nor clearly in trouble.

How does Victoria's Secret rank in its industry?

69.3 out of 100, rank 1 of 25 in Apparel Retail, with 85% of the evidence available.

Victoria's Secret & Co. scores 69.3 out of 100 against the 25 companies it is compared with in Apparel Retail, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 28.3 + 13.3 + 13.4 + 14.3 = 69.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Victoria's Secret compared with?

Victoria's Secret ranks 1 of 25 Apparel Retail companies on the 4-Factor Sector Score, with 69.3 out of 100.

  1. 1Victoria's Secret & Co. this pageVSXY · breaking out · Most evidence points up · 85% evidence69.3out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 28.3/35 · Revenue 10.3% · Profit 100% · Operating margin change 4.4 points · 95% evidenceCapital efficiency 13.3/25 · ROCE 14% · Operating margin 7.8% · 76% evidenceValuation 13.4/20 · P/E 18.6× · PEG 0.78 · 65% evidenceRelative strength 14.3/20 · Lead over its industry 45.8% · Lead over S&P 500 54.9% · 1 year 210.7% · 100% evidence · 6 of 12 weeks aheadExact sum: 28.3 + 13.3 + 13.4 + 14.3 = 69.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Urban Outfitters, Inc.URBN · breaking out · Most evidence points up · 85% evidence68.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.8/35 · Revenue 11% · Profit 19.8% · Operating margin change 0 points · 95% evidenceCapital efficiency 16.9/25 · ROCE 15.9% · Operating margin 11.6% · 76% evidenceValuation 14.6/20 · P/E 11.2× · PEG 0.44 · 65% evidenceRelative strength 17.3/20 · Lead over its industry 9.9% · Lead over S&P 500 16.8% · 1 year 43.6% · 100% evidence · 8 of 12 weeks aheadExact sum: 19.8 + 16.9 + 14.6 + 17.3 = 68.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  3. 3Abercrombie & Fitch Co.ANF · leader · Most evidence points up · 85% evidence68.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.0/35 · Revenue 4.8% · Profit -0.7% · Operating margin change 6 points · 95% evidenceCapital efficiency 19.6/25 · ROCE 30.1% · Operating margin 19.9% · 76% evidenceValuation 14.4/20 · P/E 8.3× · PEG 0.79 · 65% evidenceRelative strength 19.6/20 · Lead over its industry 43.2% · Lead over S&P 500 52.1% · 1 year 139.1% · 100% evidence · 12 of 12 weeks aheadExact sum: 15 + 19.6 + 14.4 + 19.6 = 68.6 · What this means: Relative strength against the index is 52.1%, and revenue and profit growth are weak.
  4. 4Ross Stores, Inc.ROST · quiet · Most evidence points up · 85% evidence67.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.4/35 · Revenue 14% · Profit 28.9% · Operating margin change 2.1 points · 95% evidenceCapital efficiency 19.8/25 · ROCE 28.1% · Operating margin 13.6% · 76% evidenceValuation 10.9/20 · P/E 30.3× · PEG 0.97 · 65% evidenceRelative strength 9.9/20 · Lead over its industry 0.9% · Lead over S&P 500 7.3% · 1 year 52.6% · 100% evidence · 0 of 12 weeks aheadExact sum: 26.4 + 19.8 + 10.9 + 9.9 = 67 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  5. 5The Buckle, Inc.BKE · breaking out · Evidence leans up · 85% evidence56.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.4/35 · Revenue 6.2% · Profit 9.9% · Operating margin change -1 points · 95% evidenceCapital efficiency 21.3/25 · ROCE 32.1% · Operating margin 17.4% · 76% evidenceValuation 10.8/20 · P/E 10× · PEG 1.22 · 65% evidenceRelative strength 9.1/20 · Lead over its industry -14% · Lead over S&P 500 -8.6% · 1 year -16.5% · 100% evidence · 3 of 12 weeks aheadExact sum: 15.4 + 21.3 + 10.8 + 9.1 = 56.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  6. 6Duluth Holdings Inc.DLTH · turning · Evidence leans up · 67% evidence54.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.3/35 · Revenue -8.6% · Profit — · Operating margin change 13 points · 71% evidenceCapital efficiency 8.4/25 · ROCE 4.7% · Operating margin 15.5% · 76% evidenceValuation 9.3/20 · P/E 26.3× · PEG — · 15% evidenceRelative strength 16.4/20 · Lead over its industry 15.9% · Lead over S&P 500 23.4% · 1 year 59.8% · 100% evidence · 4 of 12 weeks aheadExact sum: 20.3 + 8.4 + 9.3 + 16.4 = 54.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7The TJX Companies, Inc.TJX · basing · Evidence leans up · 85% evidence54.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 20.4/35 · Revenue 7.7% · Profit 22% · Operating margin change -0.3 points · 95% evidenceCapital efficiency 19.8/25 · ROCE 31.9% · Operating margin 10.9% · 76% evidenceValuation 9.2/20 · P/E 28.6× · PEG 1.25 · 65% evidenceRelative strength 4.8/20 · Lead over its industry -16% · Lead over S&P 500 -10.8% · 1 year 0% · 100% evidence · 0 of 12 weeks aheadExact sum: 20.4 + 19.8 + 9.2 + 4.8 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8The Gap, Inc.GAP · breaking out · Evidence leans up · 85% evidence53.6out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 15.8/35 · Revenue 1.1% · Profit 40.3% · Operating margin change -1.1 points · 95% evidenceCapital efficiency 12.0/25 · ROCE 12.7% · Operating margin 6.7% · 76% evidenceValuation 16.1/20 · P/E 5.8× · PEG 0.13 · 65% evidenceRelative strength 9.7/20 · Lead over its industry -12.2% · Lead over S&P 500 -6.8% · 1 year 1.2% · 100% evidence · 7 of 12 weeks aheadExact sum: 15.8 + 12 + 16.1 + 9.7 = 53.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Carter's, Inc.CRI · basing · Too little evidence to rank firmly · 58% evidence53.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 23.4/35 · Revenue — · Profit — · Operating margin change 20.1 points · 45% evidenceCapital efficiency 15.8/25 · ROCE 13.1% · Operating margin 23.7% · 76% evidenceValuation 11.0/20 · P/E 7.9× · PEG — · 15% evidenceRelative strength 3.2/20 · Lead over its industry -16.4% · Lead over S&P 500 -11.2% · 1 year 6.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 23.4 + 15.8 + 11 + 3.2 = 53.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose.
  10. 10Boot Barn Holdings, Inc.BOOT · basing · Evidence leans up · 81% evidence53.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.5/35 · Revenue 17.7% · Profit 24.1% · Operating margin change -1.2 points · 83% evidenceCapital efficiency 16.4/25 · ROCE 14.2% · Operating margin 12.8% · 76% evidenceValuation 12.2/20 · P/E 22.2× · PEG 0.9 · 65% evidenceRelative strength 4.9/20 · Lead over its industry -22.1% · Lead over S&P 500 -17.4% · 1 year -22% · 100% evidence · 0 of 12 weeks aheadExact sum: 19.5 + 16.4 + 12.2 + 4.9 = 53 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11Caleres, Inc.CAL · turning · Evidence leans up · 85% evidence52.2out of 100GrowthCapitalValuationRelative
  12. 12Tilly's, Inc.TLYS · breaking out · Evidence leans up · 67% evidence51.0out of 100GrowthCapitalValuationRelative
  13. 13Genesco Inc.GCO · turning · Too little evidence to rank firmly · 58% evidence50.1out of 100GrowthCapitalValuationRelative
  14. 14Burlington Stores, Inc.BURL · quiet · Evidence leans down · 85% evidence49.8out of 100GrowthCapitalValuationRelative
  15. 15American Eagle Outfitters, Inc.AEO · breaking out · Evidence leans down · 85% evidence47.9out of 100GrowthCapitalValuationRelative
  16. 16Citi Trends, Inc.CTRN · quiet · Evidence leans down · 67% evidence46.8out of 100GrowthCapitalValuationRelative
  17. 17J.Jill, Inc.JILL · leader · Evidence leans down · 85% evidence44.5out of 100GrowthCapitalValuationRelative
  18. 18lululemon athletica inc.LULU · basing · Evidence leans down · 85% evidence42.8out of 100GrowthCapitalValuationRelative
  19. 19Torrid Holdings Inc.CURV · losing its lead · Evidence leans down · 75% evidence36.5out of 100GrowthCapitalValuationRelative
  20. 20Stitch Fix, Inc.SFIX · quiet · Evidence leans down · 64% evidence36.5out of 100GrowthCapitalValuationRelative
  21. 21a.k.a. Brands Holding Corp.AKA · basing · Evidence leans down · 64% evidence36.1out of 100GrowthCapitalValuationRelative
  22. 22Lands' End, Inc.LE · quiet · Most evidence points down · 67% evidence33.7out of 100GrowthCapitalValuationRelative
  23. 23Zumiez Inc.ZUMZ · basing · Most evidence points down · 67% evidence32.7out of 100GrowthCapitalValuationRelative
  24. 24Shoe Station Group Inc.SHOE · turning · Most evidence points down · 75% evidence31.0out of 100GrowthCapitalValuationRelative
  25. 25Rent the Runway, Inc.RENT · Too little evidence to rank firmly · 47% evidence47.2out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Apparel Retail, all 25 compared on one page.

Which companies are close to Victoria's Secret in size?

Victoria's Secret is the 5th largest of 21 Apparel Retail companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Ross Stores, Inc., Burlington Stores, Inc. and lululemon athletica inc. Just below it: The Gap, Inc., Urban Outfitters, Inc. and Abercrombie & Fitch Co.

Apparel Retail companies close in size

  1. Ross Stores, Inc. $78.5 billion
  2. Burlington Stores, Inc. $16.2 billion
  3. lululemon athletica inc. $12.4 billion
  4. Victoria's Secret & Co. $8.7 billion
  5. The Gap, Inc. $8.3 billion
  6. Urban Outfitters, Inc. $7.9 billion
  7. Abercrombie & Fitch Co. $7.3 billion

All 21 Apparel Retail companies, largest first

Companies close in size in other industries

  1. GitLab Inc. $8.7 billion · Software - Infrastructure
  2. Arrowhead Pharmaceuticals, Inc. $8.7 billion · Biotechnology
  3. Victoria's Secret & Co. $8.7 billion
  4. IDACORP, Inc. $8.7 billion · Utilities - Regulated Electric
  5. Westlake Corporation $8.7 billion · Specialty Chemicals

What else do people ask about Victoria's Secret?

What were Victoria's Secret's latest quarterly results?

Victoria's Secret & Co. reported revenue of $1.6 B and net profit of $183 M for the Aug 2026 quarter. Revenue rose 10.4% and profit rose 1,043.8% compared with a year earlier. Earnings per share were $2.18.

The operating margin was 7.8%, 4.4 percentage points higher than a year earlier (as of 4 November 2026).

What is Victoria's Secret's market cap?

Victoria's Secret & Co.'s market capitalisation is $8.7 B at a stock price of $108.95. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Victoria's Secret performing?

Victoria's Secret & Co.'s share price has been rising for 43 weeks. In its latest quarter, revenue rose 10.4% and profit rose 1,043.8% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 6 weeks running (as of 4 November 2026).

Will Victoria's Secret's stock price go up?

This page does not forecast Victoria's Secret & Co.'s stock price. What it shows instead: the stock price is $108.95, and it has been rising for 43 weeks. Its P/E of 24.4× is higher than 84% of its own last 4 years (as of 4 November 2026).

Where is Victoria's Secret in its business cycle?

Victoria's Secret & Co.'s FY26 operating margin was 5.9%, against a 5-year range of 4.2% to 12.8%: the low end of its own range, which is often where recoveries start. The latest quarter was 7.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Victoria's Secret story?

The main question: the share price moved +210.7% in a year while yearly earnings per share moved −5.9%. The difference came from the market paying a higher multiple.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Victoria's Secret a stock worth studying right now?

What the numbers show: Victoria's Secret & Co.'s share price has risen faster than its earnings: +210.7% in a year, against −5.9% for earnings per share. The main open question: whether earnings grow into a price that has already moved.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.