WinstonWınston
Victoria's Secret & Company logo

Victoria's Secret & Company

VSXY
45
Apparel - Footwear & Accessories · Consumer Cyclical
Exchange
New York Stock Exchange
Winston Score
45
Winston is serious
Mixed quality — meaningful strengths and weaknesses.

Victoria's Secret & Company sells women's lingerie, sleepwear, beauty products, and apparel through its two main brands: Victoria's Secret and PINK. It targets women and younger shoppers, selling through its own retail stores and website. The company is one of the largest specialty lingerie retailers in the United States.

Victoria's Secret makes money by selling products directly to customers through roughly 1,400 company-owned stores in North America and through international franchise and partnership agreements in other countries. Its brand recognition and loyal customer base give it some competitive staying power, but it faces real pressure from fast-fashion competitors, direct-to-consumer startups, and shifting consumer preferences around body image and inclusivity. The company has been working to rebuild its brand after years of declining sales, and whether it can attract younger shoppers while keeping its existing customers is the central challenge ahead.

Winston Score History

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin
37.7%
Modest — 37.7% gross margin
Operating Margin
10.1%
Modest — 10.1% operating margin
ROCE
12.5%
Good — 12.5% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY
N/A
Data not available
EPS YoY
N/A
Data not available
EPS Consistency
N/A
Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion
266%
Turns 266% of profit into real cash
FCF Margin
11.8%
Modest free cash flow (11.8%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity
1.14
Elevated debt (1.14)
Interest Cover
8.01x
Comfortably covers interest (8.0x)

Interest coverage above 8. Profits cover interest many times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)
33.6x
no trend
Pricey — P/E 33.6

P/E above the market average. People are paying up for expected growth.

P/E vs Forward
+19.6
GROWING
Earnings expected to grow meaningfully — cheaper on forward P/E (33.6 → 14.0)

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial