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Victoria's Secret (Victoria's Secret) Gross Profit : $2,242 Mil (TTM As of Jan. 2024)


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What is Victoria's Secret Gross Profit?

Victoria's Secret's gross profit for the three months ended in Jan. 2024 was $826 Mil. Victoria's Secret's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $2,242 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Victoria's Secret's gross profit for the three months ended in Jan. 2024 was $826 Mil. Victoria's Secret's Revenue for the three months ended in Jan. 2024 was $2,083 Mil. Therefore, Victoria's Secret's Gross Margin % for the quarter that ended in Jan. 2024 was 39.65%.

Victoria's Secret had a gross margin of 39.65% for the quarter that ended in Jan. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of Victoria's Secret was 40.68%. The lowest was 27.47%. And the median was 34.39%.


Victoria's Secret Gross Profit Historical Data

The historical data trend for Victoria's Secret's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Victoria's Secret Gross Profit Chart

Victoria's Secret Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial 2,063.00 1,571.00 2,760.00 2,258.00 2,242.00

Victoria's Secret Quarterly Data
Jan19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 744.00 502.00 487.00 427.00 826.00

Competitive Comparison of Victoria's Secret's Gross Profit

For the Apparel Retail subindustry, Victoria's Secret's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Victoria's Secret's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Victoria's Secret's Gross Profit distribution charts can be found below:

* The bar in red indicates where Victoria's Secret's Gross Profit falls into.



Victoria's Secret Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Victoria's Secret's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=6182 - 3940
=2,242

Victoria's Secret's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=2083 - 1257
=826

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,242 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Victoria's Secret's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=826 / 2083
=39.65 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Victoria's Secret  (NYSE:VSCO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Victoria's Secret had a gross margin of 39.65% for the quarter that ended in Jan. 2024 => Competition eroding margins


Victoria's Secret Gross Profit Related Terms

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Victoria's Secret (Victoria's Secret) Business Description

Traded in Other Exchanges
Address
4 Limited Parkway East, Reynoldsburg, OH, USA, 43068
Victoria's Secret & Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime.
Executives
Timothy A Johnson officer: Chief Financial Officer
Rod R Little director 1 HSN DRIVE, ST. PETERSBURG FL 33729
Bbrc International Pte Ltd 10 percent owner 3 PHILLIP STREET, #11-01, ROYAL GROUP BUILDING, SINGAPORE U0 048693
Chris Rupp officer: Chief Customer Officer ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706
Amy Hauk officer: CEO of Pink C/O THE CHILDRENS PLACE, 915 SECAUCUS RD, SECAUCUS NJ 07094
Mariam Naficy director C/O YELP INC., 140 NEW MONTGOMERY ST., 9TH FLOOR, SAN FRANCISCO CA 94105
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Martin P Waters director, officer: Chief Executive Officer 1740 BROADWAY, NEW YORK NY 10019
Laura B Miller officer: Chief Human Resources Ofcr 1501 YAMATO ROAD, BOCA RATON FL 33431
Brian Leinbach officer: Chief Information Officer 4 LIMITED PARKWAY EAST, REYNOLDSBURG OH 43068
Melinda R. Mcafee officer: Chief Legal Officer 4 LIMITED PARKWAY EAST, REYNOLDSBURG OH 43068
Donna James director ONE MIRANOVA PLACE, SUITE 1040, COLUMBUS OH 43215
Gregory Unis officer: CEO of VS Beauty 4 LIMITED PARKWAY, REYNOLDSBURG OH 43068
Lauren B Peters director FOOT LOCKER INC, 112 WEST 34TH STREET 4TH FL, NEW YORK NY 10120
Jacqueline Hernandez director LIMITED PARKWAY EAST, REYNOLDSBURG OH 43068