# VICTORIA'S SECRET & CO. (VSXY) · Edgar & Edgarette company card

> Victoria's Secret & (VSXY) grew revenue 5.2% in FY2026 to $6.6 billion, operating margin 4.1% against a 3.2% median for women's clothing stores, equity 17.1% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1856437 · fiscal year ended 2026-01-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/VSXY) · [JSON](https://www.pops4.com/boards/company/VSXY.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $6.6B |
| Revenue growth, 1 year | 5.2% |
| Revenue growth per year | -0.9% |
| Operating margin | 4.1% (prior year 5.0%) |
| Net margin | 2.9% |
| Operating cash flow | $499M |
| Capital spending | $187M |
| Free cash flow | $312M |
| Cash | $518M |
| Long-term debt | $975M |
| Total assets | $5.0B |
| Total equity | $856M |
| Equity ÷ assets | 17.1% |
| Return on equity | 22.1% |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: 1.4 (grey zone)
- Piotroski F: 6 of 9 (solid)
- Beneish M: -2.63 (below the −1.78 line)
- Health Harbor boat: New ship · no warning signs
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $6.6B (FY2026), total debt $975.0M. Experience: revenue up 5.2% on the year, down 0.9% a year over 4 years; operating margin 4.1%, down from 5.0%. Soundness: equity 17.1% of assets, return on equity 22.1%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $5.7B and $7.7B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $5.1B to $8.6B. A statistical range, not company guidance. Against peers (20 filers, $50M+ revenue, its industry group): operating margin 4.1% against a 3.2% median; growth 5.2% against 3.2%.

Range logged 2026-09-27, receipt 4e46e858af3ab08c, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 3, latest 2026-10-09 ([filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000023/0001856437-26-000023-index.htm))

## Recent filings

- 8-K · filed 2026-10-09 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000023/0001856437-26-000023-index.htm)
- 10-Q · filed 2026-09-04 · [filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000021/0001856437-26-000021-index.htm)
- 8-K · filed 2026-09-03 · 2.02 Results of Operations and Financial Condition; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000019/0001856437-26-000019-index.htm)
- 8-K · filed 2026-08-20 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000017/0001856437-26-000017-index.htm)
- 8-K · filed 2026-06-15 · 5.07 Submission of Matters to a Vote of Security Holders; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000015/0001856437-26-000015-index.htm)
- 10-Q · filed 2026-06-05 · [filing](https://www.sec.gov/Archives/edgar/data/1856437/000185643726000013/0001856437-26-000013-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001856437.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1856437

## Cite

POPS4, Edgar & Edgarette: VICTORIA'S SECRET & CO. (VSXY) company card, from the company's own SEC filings, accessed 2026-11-12, https://www.pops4.com/boards/company/VSXY. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.