← Victoria's Secret & Co.
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|
| Net Sales | $7.5b | $5.4b | $6.8b | $6.3b | $6.2b | $6.2b | $6.6b | |
| Costs of Goods Sold, Buying and Occupancy | ($5.4b) | ($3.8b) | ($4.0b) | ($4.1b) | ($3.9b) | ($3.9b) | ($4.2b) | |
| Gross Profit | $2.1b | $1.6b | $2.8b | $2.3b | $2.2b | $2.3b | $2.4b | |
| General, Administrative and Store Operating Expenses | ($2.2b) | ($1.7b) | ($1.9b) | ($1.8b) | ($2.0b) | ($2.0b) | ($2.1b) | |
| Operating Income | ($892.0m) | ($101.0m) | $870.0m | $478.0m | $246.0m | $310.0m | $271.0m | |
| Other Income (Loss) | $1.0m | $1.0m | $0 | ($1.0m) | $0 | ($3.0m) | $7.0m | |
| Provision for Income Taxes | ($2.0m) | ($34.0m) | $197.0m | $79.0m | $31.0m | $52.0m | $19.0m | |
| Income Before Income Taxes | ($899.0m) | ($106.0m) | $843.0m | $417.0m | $147.0m | $221.0m | $208.0m | |
| Net Income | ($897.0m) | ($72.0m) | $646.0m | $338.0m | $116.0m | $169.0m | $189.0m | |
| Net Income Attributable to Victoria’s Secret & Co. | ($897.0m) | ($72.0m) | $646.0m | $348.0m | $109.0m | $165.0m | $161.0m | |
| Net Income Per Basic Share (in dollars per share) | ($10) | ($1) | $7 | $4 | $1 | $2 | $2 | |
| Net Income Per Diluted Share (in dollars per share) | ($10) | ($1) | $7 | $4 | $1 | $2 | $2 | |
| Less: Net Income Attributable to Noncontrolling Interest | — | $0 | $0 | ($10.0m) | $7.0m | $4.0m | $28.0m | |
| Interest Expense | ($8.0m) | ($6.0m) | ($27.0m) | ($60.0m) | ($99.0m) | ($86.0m) | ($70.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.