Victorias Secret And Co's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Victorias Secret And Co (VSXY) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Victorias Secret And Co vs Its Competitors
- TTM: Trailing 12-month revenue of 6,760M vs 19,900M combined for tracked competitors (25.4% combined share).
- Trending: Latest-quarter revenue run-rate is decelerating (-7.7% annualized vs trailing 12 months), vs decelerating (-19.0%) for its tracked peer group.
- Growth: Victorias Secret And Co generated 15.3% revenue growth year over year in Q1 2026, vs 1.3% for its tracked competitors combined.
- Profitability: Its 3.7% net margin compares with 14.9% for the peer group.
- Scale: Victorias Secret And Co ranks #4 of 23 companies by market capitalization in the Retail Apparel industry, holding 2.9% of industry market cap.
- Peer revenue share: Victorias Secret And Co accounted for 27.9% of combined revenue among its tracked peer group, up from 25.4% a year earlier.
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
VSXY Sales vs. its Competitors, Q1 2026
Victorias Secret And Co reported revenue growth of 15.30 % year on year in Q1 2026, above its competitors' combined revenue growth of 1.31 %.
With a net margin of 3.65 %, Victorias Secret And Co reported lower profitability than its competitors (14.87 %).
Victorias Secret And Co generated 27.92 % of the combined sales of its peer group, up from 25.39 % a year earlier.
Victorias Secret And Co vs. its Competitors, Q1 2026
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Victorias Secret And Co and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Victorias Secret and Co | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (3) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (8) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (7) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Victorias Secret And Co's competitor groups requires a Commercial License.
For context: the Retail Apparel industry grew revenue 3.1% year over year, combined, vs 15.3% for Victorias Secret And Co. Victorias Secret And Co's share of combined industry revenue moved from 2.97% to 3.33%, a gain of 0.35 percentage points.
Victorias Secret And Co's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Victorias Secret and Co | Yes | Yes | Yes | - |
| Competitors combined (6) | ||||
| High-Confidence Competitors (4) | ||||
| Similar-Size Competitors (8) | ||||
| Similar Growth & Profitability (8) | 87.50 % (7 of 8) | 87.50 % (7 of 8) | 87.50 % (7 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
VSXY Stock Performance relative to its Competitors
VSXY Stock Performance relative to High-Confidence Competitors
VSXY Stock Performance relative to Similar-Size Competitors
VSXY Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Abercrombie and Fitch Co | 282.9% | Outperformed |
| 2 | American Eagle Outfitters Inc | 282.9% | Outperformed |
| 3 | Hanesbrands Inc | 282.9% | Outperformed |
| 4 | Lands End Inc | 282.9% | Outperformed |
| 5 | Bath and Body Works Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Victorias Secret And Co's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Victorias Secret And Co's Comment on Competition and Industry Peers
Publicly Traded Peers of Victorias Secret and Co
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Victorias Secret and Co | 7,854.00 | 6,760.00 |
| Abercrombie and Fitch Co | 6,184.67 | 5,282.80 |
| Bath and Body Works Inc | 3,246.34 | 7,245.00 |
| American Eagle Outfitters Inc | 3,209.01 | 5,652.07 |
| Hanesbrands Inc | 2,374.58 | 3,061.16 |
| Lands End Inc | 307.70 | 1,287.44 |
| SUBTOTAL | 23,200.68 | 29,721.63 |
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Sources: Victorias Secret and Co's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Victorias Secret and Co versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Victorias Secret And Co's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Lululemon Athletica Inc | Named by the company | 85% |
| Bath and Body Works Inc | Named by the company | 85% |
| Playboy Inc | Named by the company | 85% |
| Hanesbrands Inc | Named by the company | 85% |
| Abercrombie and Fitch Co | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Victorias Secret And Co's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Victorias Secret And Co's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Bath and Body Works Inc | Reportable 100.00 % |
| American Eagle Outfitters Inc | American Eagle Brand 56.77 % |
| Hanesbrands Inc | U.S. 72.64 % |
| Lands End Inc | US Digital Segment 86.53 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Victorias Secret And Co's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Victorias Secret and Co | 7,854 | - | - |
| Abercrombie and Fitch Co | 6,185 | 122,287 | 11,606 |
| Bath and Body Works Inc | 3,246 | 119,357 | 11,977 |
| American Eagle Outfitters Inc | 3,209 | 125,602 | 6,075 |
| Hanesbrands Inc | 2,375 | 63,774 | 6,875 |
| Lands End Inc | 308 | 330,112 | 90,149 |
| PEERS TOTAL | 15,347 | 113,539 | 10,599 |
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Victorias Secret And Co's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Victorias Secret and Co | Non-US 14.92 % |
| Abercrombie and Fitch Co | Americas 76.48 % |
| Bath and Body Works Inc | International 9.87 % |
| American Eagle Outfitters Inc | US 83.79 % |
| Lands End Inc | Europe 7.87 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Victorias Secret And Co's Position in Industry Market Structure
Market-capitalization share and concentration across all 23 companies in Victorias Secret And Co's industry classification, broader than the peer set above. Market cap in millions of $.Victorias Secret And Co ranks #4 of 23 companies by market capitalization in its industry, holding 2.95 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 3,989, indicating a highly concentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | The Tjx Companies Inc | 149,576 | 56.16 % |
| 2 | Ross Stores Inc | 75,258 | 28.26 % |
| 3 | Gap Inc | 9,187 | 3.45 % |
| 4 | Victorias Secret and Co | 7,854 | 2.95 % |
| 5 | Urban Outfitters Inc | 1,234 | 5.2% |
| 6 | Abercrombie and Fitch Co | 1,234 | 5.2% |
| 7 | Boot Barn Holdings Inc | 1,234 | 5.2% |
| 8 | American Eagle Outfitters Inc | 1,234 | 5.2% |
| 9 | Buckle Inc | 1,234 | 5.2% |
| 10 | Citi Trends inc | 1,234 | 5.2% |
Market cap and industry share for the rest of Victorias Secret And Co's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-30.
Victorias Secret And Co's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | The Tjx Companies Inc | 149,576 | -4.42 % |
| 2 | Ross Stores Inc | 75,258 | 54.27 % |
| 3 | Gap Inc | 9,187 | 13.89 % |
| 4 | Victorias Secret and Co | 7,854 | - |
| 5 | Urban Outfitters Inc | 1,234 | 12.3% |
| 6 | Abercrombie and Fitch Co | 1,234 | 12.3% |
| 7 | Boot Barn Holdings Inc | 1,234 | 12.3% |
| 8 | American Eagle Outfitters Inc | 1,234 | 12.3% |
| 9 | Buckle Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Victorias Secret And Co's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-30. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Victorias Secret And Co's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Retail Apparel industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (41 companies). See the full Retail Apparel industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 36.91 % | 37.51 % (avg) | -0.6 pp |
| Operating Margin | 4.84 % | industry median | +3.4 pp |
| EBITDA Margin | 7.34 % | 6.11 % (avg) | +1.2 pp |
| Capital Intensity (Capex / Revenue) | 2.93 % | 2.45 % (avg) | +0.5 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Victorias Secret And Co's Strategic Group Map
Every company in Victorias Secret And Co's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Victorias Secret And Co is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Victorias Secret And Co's BCG Growth-Share Matrix
Relative market share (vs Victorias Secret And Co's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Victorias Secret And Co falls in the Dog quadrant: relative market share of 0.05x vs its largest competitor, in an industry growing revenue -0.4% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution. A caveat worth reading alongside this chart: The Tjx Companies Inc alone holds 56% of this industry's market cap. In an industry this dominated by one leader, the framework will place nearly every OTHER company in "Dog" or "Question Mark" purely because relative share is measured against that leader, regardless of how strong those other companies actually are on their own fundamentals. Check the Profitability, Valuation and Financial Strength sections above before treating this quadrant label as a verdict.
Victorias Secret And Co's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | Low | Industry HHI of 3,989 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | High (capital intensive) | Capital intensity (capex / revenue) of 2.93 % vs industry average 2.45 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Victorias Secret And Co's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Victorias Secret And Co's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Victorias Secret And Co's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Victorias Secret And Co falls in the Medium attractiveness / Medium strength cell: Selective.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Victorias Secret And Co's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
No rule matched.
Weaknesses
- Return on equity 6.5 points below the industry aggregate.
- Latest-quarter revenue run-rate is decelerating (-7.7% annualized vs trailing 12 months).
- Low relative market share vs the industry leader (0.05x).
Opportunities
- A meaningful share of tracked competitors (33.30 %) show financial-distress signals, a possible opening to gain share.
Threats
- Industry dominated by The Tjx Companies Inc , holding 56.16 % of industry market cap.
- Tracked peer group's revenue run-rate is broadly decelerating (-19.0% annualized).
- High capital intensity requires continuous reinvestment just to keep pace with the industry.
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Victorias Secret And Co's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Victorias Secret and Co | 0.21 | 1.24 | 1.39 |
| Abercrombie and Fitch Co | 0.59 | 1.44 | - |
| Bath and Body Works Inc | 0.41 | 1.29 | - |
| American Eagle Outfitters Inc | 0.18 | 1.58 | 0.08 |
| Hanesbrands Inc | 0.17 | 1.49 | 13.53 |
| Lands End Inc | 0.10 | 1.63 | 0.31 |
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Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Victorias Secret And Co's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Victorias Secret and Co | Q1 2026 | +15.3 % | +1,800.0 % |
| Abercrombie and Fitch Co | Q1 2026 | +1.5 % | -16.7 % |
| Bath and Body Works Inc | Q1 2026 | -3.2 % | +74.3 % |
| American Eagle Outfitters Inc | Q1 2026 | +9.7 % | - |
| Hanesbrands Inc | Q3 2025 | -4.8 % | +803.9 % |
| Lands End Inc | Q2 2026 | -8.4 % | - |
| PEERS TOTAL | +3.4 % | +301.7 % |
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Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Victorias Secret And Co's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Victorias Secret and Co | Q1 2026 | +10.9 % | +25.6 % |
| Abercrombie and Fitch Co | Q1 2026 | -0.8 % | +20.8 % |
| Bath and Body Works Inc | Q1 2026 | +1.7 % | +32.4 % |
| American Eagle Outfitters Inc | Q1 2026 | -3.7 % | -0.3 % |
| Hanesbrands Inc | Q3 2025 | +0.2 % | +30.4 % |
| Lands End Inc | Q2 2026 | -3.3 % | +55.4 % |
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Victorias Secret And Co's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Victorias Secret and Co | 4.96% | 4.76% | 30.94% |
| Abercrombie and Fitch Co | 14.56% | 21.77% | 37.05% |
| Bath and Body Works Inc | 14.66% | 22.32% | - |
| American Eagle Outfitters Inc | 6.69% | 8.56% | 16.81% |
| Hanesbrands Inc | 8.27% | 11.16% | 191.24% |
| Lands End Inc | 40.66% | 55.95% | 95.71% |
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ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Victorias Secret And Co's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Victorias Secret and Co | 36.36 | 1.16 |
| Abercrombie and Fitch Co | 13.16 | 1.17 |
| Bath and Body Works Inc | 4.59 | 0.45 |
| American Eagle Outfitters Inc | 11.71 | 0.57 |
| Hanesbrands Inc | 7.23 | 0.78 |
| Lands End Inc | 0.91 | 0.24 |
| PEERS AVERAGE | 9.72 | 0.78 |
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P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.