Event-Driven Stocks

Victoria's Secret & Co.

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Consumer Discretionary · Retail-Women's Clothing Stores · SEC filings ↗ · Compare ⊕

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Signs5 good2 warningdetails ↓

Financials

SEC XBRL · annual
 FY26FY25FY24FY23FY22FY21
Revenue$6.55B$6.23B$6.18B$6.34B$6.79B$5.41B
Operating income$271.0M$310.0M$246.0M$478.0M$870.0M−$101.0M
Net income$161.0M$165.0M$109.0M$348.0M$646.0M−$72.0M
Total assets$5.01B$4.53B$4.60B$4.71B$4.34B$4.23B
Total liabilities$4.10B$3.87B$4.16B$4.31B$4.09B$3.34B
Equity$856.0M$640.0M$417.0M$383.0M$257.0M$891.0M
EPS (diluted)$1.93$2.05$1.39$4.14$7.18$-0.82
Shares out.80.5M78.9M77.6M77.7M84.3M88.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2026
Operating margin
4.1%
Net margin
2.5%
Return on equity
18.8%
Return on assets
3.2%
Return on capital (ROCE)
7.7%
Liabilities / assets
81.8%
Debt / equity
4.79×
Book value / share
$10.64
Revenue growth (YoY)
5.2%
Net income growth (YoY)
−2.4%

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2026
Altman Z″ (distress)
1.40grey zone
Accruals / assets
6.7%clean
Beneish M-Score
-2.66normal
Piotroski F-Score
5/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
67
/ 100
Profitability 100Growth 50Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

2 warning5 good
  • High leverage (liabilities > 70% of assets)
  • Altman Z″ in the grey zone
  • Operating margin is positive
  • Strong return on equity (>15%)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Short interest

FINRA · bi-monthly
SettlementShares shortDays to coverΔ vs prior
May 15, 202613.0M6.4+1.8%
Apr 30, 202612.7M7.9+26.5%
Apr 15, 202610.1M4.5+3.8%
Mar 31, 20269.7M4.0+25.1%
Mar 13, 20267.8M1.9-9.2%

Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Corporate family

Spun off from L BrandsBBWI · Aug 2, 2021

From the spin-off filings we track. Follow a company to walk its own history.

Event-driven situations (2)