Victoria's Secret (VSXY)
Market Price (6/5/2026): $73.05 | Market Cap: $5.8 BilSector: Consumer Discretionary | Industry: Apparel Retail
Victoria's Secret (VSXY)
Market Price (6/5/2026): $73.05Market Cap: $5.8 BilSector: Consumer DiscretionaryIndustry: Apparel Retail
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldFCF Yield is 5.3% Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, and Experiential Retail. | Stock price has recently run up significantly12M Rtn12 month market price return is 257% Key risksVSXY key risks include [1] a vulnerable financial position due to high debt and poor cash flow coverage and [2] uncertain consumer reception of its significant brand repositioning toward inclusivity. |
| Attractive yieldFCF Yield is 5.3% |
| Megatrend and thematic driversMegatrends include E-commerce & Digital Retail, and Experience Economy & Premiumization. Themes include Direct-to-Consumer Brands, and Experiential Retail. |
| Stock price has recently run up significantly12M Rtn12 month market price return is 257% |
| Key risksVSXY key risks include [1] a vulnerable financial position due to high debt and poor cash flow coverage and [2] uncertain consumer reception of its significant brand repositioning toward inclusivity. |
Qualitative Assessment
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Updated on 6/4/2026
Victoria's Secret (VSXY) stock has gained about 15% since 2/28/2026 because of the following key factors:
1. Victoria's Secret reported a strong fiscal Q1 2026 earnings beat, exceeding market expectations for both profit and revenue.
For its fiscal Q1 2026, which ended May 2, 2026, the company announced adjusted earnings per share (EPS) of $0.60, significantly surpassing analysts' consensus estimates ranging from $0.29 to $0.32 per share. Net sales reached $1.56 billion, outperforming the consensus estimate of $1.52 billion and representing a 15% increase year-over-year.
2. Management significantly raised its full-year fiscal 2026 guidance, signaling increased confidence in sustained operational improvements.
Following the robust first-quarter performance, Victoria's Secret revised its fiscal 2026 net sales outlook upward to a range of $7.03 billion to $7.13 billion, an increase from its prior forecast of $6.85 billion to $6.95 billion. Adjusted operating income guidance was also substantially increased to a range of $550 million to $580 million, up from the previously communicated $430 million to $460 million.
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Victoria's Secret (VSXY) stock has gained about 15% since 2/28/2026 because of the following key factors:
1. Victoria's Secret reported a strong fiscal Q1 2026 earnings beat, exceeding market expectations for both profit and revenue.
For its fiscal Q1 2026, which ended May 2, 2026, the company announced adjusted earnings per share (EPS) of $0.60, significantly surpassing analysts' consensus estimates ranging from $0.29 to $0.32 per share. Net sales reached $1.56 billion, outperforming the consensus estimate of $1.52 billion and representing a 15% increase year-over-year.
2. Management significantly raised its full-year fiscal 2026 guidance, signaling increased confidence in sustained operational improvements.
Following the robust first-quarter performance, Victoria's Secret revised its fiscal 2026 net sales outlook upward to a range of $7.03 billion to $7.13 billion, an increase from its prior forecast of $6.85 billion to $6.95 billion. Adjusted operating income guidance was also substantially increased to a range of $550 million to $580 million, up from the previously communicated $430 million to $460 million.
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Stock Movement Drivers
Fundamental Drivers
The 16.6% change in VSXY stock from 2/28/2026 to 6/4/2026 was primarily driven by a 21.6% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 62.70 | 73.08 | 16.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,390 | 6,553 | 2.6% |
| Net Income Margin (%) | 2.7% | 2.5% | -7.6% |
| P/E Multiple | 29.9 | 36.3 | 21.6% |
| Shares Outstanding (Mil) | 81 | 80 | 1.2% |
| Cumulative Contribution | 16.6% |
Market Drivers
2/28/2026 to 6/4/2026| Return | Correlation | |
|---|---|---|
| VSXY | 16.6% | |
| Market (SPY) | 10.7% | 25.9% |
| Sector (XLY) | 0.5% | 19.9% |
Fundamental Drivers
The 76.8% change in VSXY stock from 11/30/2025 to 6/4/2026 was primarily driven by a 65.8% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 41.33 | 73.08 | 76.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,265 | 6,553 | 4.6% |
| Net Income Margin (%) | 2.4% | 2.5% | 1.9% |
| P/E Multiple | 21.9 | 36.3 | 65.8% |
| Shares Outstanding (Mil) | 80 | 80 | 0.0% |
| Cumulative Contribution | 76.8% |
Market Drivers
11/30/2025 to 6/4/2026| Return | Correlation | |
|---|---|---|
| VSXY | 76.8% | |
| Market (SPY) | 11.4% | 23.1% |
| Sector (XLY) | -0.4% | 21.5% |
Fundamental Drivers
The 244.6% change in VSXY stock from 5/31/2025 to 6/4/2026 was primarily driven by a 244.5% change in the company's P/E Multiple.| (LTM values as of) | 5312025 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 21.21 | 73.08 | 244.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,229 | 6,553 | 5.2% |
| Net Income Margin (%) | 2.6% | 2.5% | -7.2% |
| P/E Multiple | 10.5 | 36.3 | 244.5% |
| Shares Outstanding (Mil) | 82 | 80 | 2.5% |
| Cumulative Contribution | 244.6% |
Market Drivers
5/31/2025 to 6/4/2026| Return | Correlation | |
|---|---|---|
| VSXY | 244.6% | |
| Market (SPY) | 29.9% | 32.0% |
| Sector (XLY) | 10.6% | 32.6% |
Fundamental Drivers
The 257.9% change in VSXY stock from 5/31/2023 to 6/4/2026 was primarily driven by a 683.4% change in the company's P/E Multiple.| (LTM values as of) | 5312023 | 6042026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.42 | 73.08 | 257.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 6,344 | 6,553 | 3.3% |
| Net Income Margin (%) | 5.5% | 2.5% | -55.2% |
| P/E Multiple | 4.6 | 36.3 | 683.4% |
| Shares Outstanding (Mil) | 79 | 80 | -1.2% |
| Cumulative Contribution | 257.9% |
Market Drivers
5/31/2023 to 6/4/2026| Return | Correlation | |
|---|---|---|
| VSXY | 257.9% | |
| Market (SPY) | 88.3% | 32.5% |
| Sector (XLY) | 58.5% | 34.5% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| VSXY Return | 31% | -36% | -26% | 56% | 31% | 46% | 86% |
| Peers Return | 28% | -21% | 21% | 15% | 11% | 13% | 75% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 10% | 101% |
Monthly Win Rates [3] | |||||||
| VSXY Win Rate | 67% | 33% | 33% | 67% | 67% | 83% | |
| Peers Win Rate | 63% | 37% | 57% | 53% | 60% | 67% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| VSXY Max Drawdown | - | -57% | -69% | -48% | -64% | -36% | |
| Peers Max Drawdown | -28% | -45% | -39% | -25% | -33% | -21% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GAP, GCO, ZUMZ, TJX, ROST.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 6/4/2026 (YTD)
How Low Can It Go
| Event | VSXY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -50.5% | -18.8% |
| % Gain to Breakeven | 102.0% | 23.1% |
| Time to Breakeven | 188 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -13.7% | -7.8% |
| % Gain to Breakeven | 15.8% | 8.5% |
| Time to Breakeven | 6 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -25.4% | -9.5% |
| % Gain to Breakeven | 34.1% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -59.4% | -6.7% |
| % Gain to Breakeven | 146.2% | 7.1% |
| Time to Breakeven | 528 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -52.3% | -24.5% |
| % Gain to Breakeven | 109.5% | 32.4% |
| Time to Breakeven | 1255 days | 427 days |
In The Past
Victoria's Secret's stock fell -50.5% during the 2025 US Tariff Shock. Such a loss loss requires a 102.0% gain to breakeven.
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Asset Allocation
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| Event | VSXY | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -50.5% | -18.8% |
| % Gain to Breakeven | 102.0% | 23.1% |
| Time to Breakeven | 188 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -25.4% | -9.5% |
| % Gain to Breakeven | 34.1% | 10.5% |
| Time to Breakeven | 15 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -59.4% | -6.7% |
| % Gain to Breakeven | 146.2% | 7.1% |
| Time to Breakeven | 528 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -52.3% | -24.5% |
| % Gain to Breakeven | 109.5% | 32.4% |
| Time to Breakeven | 1255 days | 427 days |
In The Past
Victoria's Secret's stock fell -50.5% during the 2025 US Tariff Shock. Such a loss loss requires a 102.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Victoria's Secret (VSXY)
Victoria's Secret & Co. operates as a specialty retailer of women's intimate, personal care, and beauty products worldwide. The company offers bras, panties, lingerie, sleepwear, loungewear, and athletic attire and swimwear, as well as fragrances and body care products, and accessories under the Victoria's Secret and PINK brands. As of March 2, 2022, it operated approximately 1,400 retail stores. The company was incorporated in 2021 and is headquartered in Reynoldsburg, Ohio.
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Here are a few analogies to describe Victoria's Secret:
Bath & Body Works for women's lingerie and beauty products.
Lululemon for intimate apparel and beauty.
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- Bras: Undergarments designed for breast support and shaping.
- Panties: Undergarments worn on the lower body.
- Lingerie: Lightweight, often decorative, intimate apparel.
- Sleepwear: Clothing specifically designed for sleeping, such as pajamas and nightgowns.
- Loungewear: Comfortable clothing suitable for relaxing at home.
- Athletic Attire and Swimwear: Clothing designed for sports activities and swimming.
- Fragrances: Perfumes, body mists, and other scented products.
- Body Care Products: Lotions, washes, and other items for skin care.
- Accessories: Complementary items such as bags or small decorative pieces.
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Victoria's Secret (VSXY) sells primarily to individuals through its extensive network of retail stores and online channels. The company serves the following categories of customers:
- Adult Women: This category encompasses customers who are seeking sophisticated, fashionable, and alluring intimate apparel, sleepwear, loungewear, fragrances, and beauty products. These customers are typically targeted by the core Victoria's Secret brand, valuing style, quality, and often a sense of luxury or sensuality in their purchases.
- Young Adults and College-Aged Women: This category primarily includes customers who are looking for comfortable, trendy, and casual intimate apparel, loungewear, and athletic wear. These individuals are the core demographic for the PINK brand, emphasizing comfort, affordability, and items that align with current youth fashion and lifestyle trends.
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Here is the management team for Victoria's Secret & Co. (VSXY):Hillary Super, Chief Executive Officer
Hillary Super has served as CEO of Victoria's Secret & Co. since 2023, where she leads the company's strategic growth initiatives and brand revitalization. Prior to her current role, she was CEO and board member of Savage X Fenty. She also served as the Global CEO of Anthropologie Group, successfully leading the turnaround of its women's apparel and accessories business. Her extensive career includes key merchandising and operational leadership positions at prominent retail companies such as Gap, Old Navy, American Eagle Outfitters, and Guess?.
Scott Sekella, Chief Financial and Operating Officer
Scott Sekella assumed the role of Chief Financial and Operating Officer at Victoria's Secret & Co. in August 2025, having initially joined as Chief Financial Officer in January 2025. He is responsible for the company's financial strategy, performance management, and profitability improvements. Before joining Victoria's Secret, Sekella was the Chief Financial Officer of JOANN Inc. from 2022 to 2024. He also held financial leadership roles at Under Armour and Crocs, and previously served as Senior Vice President-Finance & Operations at Freshology, Inc.
Melinda (Mel) McAfee, Chief Legal and Compliance Officer
Melinda McAfee oversees Victoria's Secret & Co.'s human resources and legal affairs, having joined as Chief Legal Officer in May 2021 and adding Chief Human Resources Officer duties in October 2022. She leads governance, employment, privacy, regulatory compliance, and the comprehensive legal strategy for the company. Prior to Victoria's Secret, she was Senior Vice President, General Counsel and Corporate Secretary of EXPRESS, Inc. Her background also includes over a decade as in-house counsel for Abercrombie & Fitch Co. and a partnership at Vorys, Sater, Seymour and Pease, LLP, specializing in Labor & Employment.
Elizabeth Preis, Chief Marketing and Customer Officer
Elizabeth Preis is the Chief Marketing and Customer Officer of Victoria's Secret & Co., bringing over 25 years of experience in guiding iconic consumer brands. She is known for her ability to blend consumer insight with compelling creative to build strong brand connections. Her previous roles include Global CMO at Anthropologie and leadership positions at Estée Lauder, J. Crew, and Saks Fifth Avenue.
Lucrecia Borgonovo, Chief People Officer
Lucrecia Borgonovo serves as the Chief People Officer at Victoria's Secret & Co., leveraging more than 20 years of global experience in talent, leadership, culture, and organizational effectiveness. She previously held the role of Chief Talent and Organizational Effectiveness Officer at Mastercard, where she was responsible for enterprise-wide talent and culture strategies supporting large-scale transformation and growth. Borgonovo also held leadership positions in human resources at Nike and Bristol-Myers Squibb.
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Here are the key risks to Victoria's Secret & Co. (VSXY):
- Financial Health and Debt Coverage: Victoria's Secret faces a major risk due to its debt not being well covered by operating cash flow, with an operating cash flow to total debt ratio of 18%. The company also has a high debt-to-equity ratio of 312.7%. This indicates a potential vulnerability in its financial stability and ability to manage its debt obligations effectively.
- Brand Repositioning and Consumer Perception: Victoria's Secret is undergoing a significant rebranding effort to embrace inclusivity and move away from its traditional "Angels" image. The key risk lies in whether this rebranding will successfully resonate with a broader customer base without alienating its existing clientele. There is a concern that the shift could be perceived as inauthentic or "inclusivity washing," which could hinder sales growth and market acceptance.
- Supply Chain Disruptions and Tariffs: The company is exposed to risks related to its global supply chain, including the ability to source materials, produce, and distribute merchandise worldwide. The fashion industry, including Victoria's Secret, is particularly vulnerable to factors like tariffs and retaliatory measures, which have been cited as a primary hurdle in 2026. Fluctuations in freight, product input, and energy costs, as well as geopolitical conflicts, also pose ongoing threats to its supply chain and profitability.
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The rapid rise of digitally native, direct-to-consumer (DTC) intimate apparel and loungewear brands that prioritize inclusivity, body positivity, and comfort over traditional beauty standards. These brands, often leveraging social media and influencer marketing, directly challenge Victoria's Secret's legacy brand image and its historically brick-and-mortar heavy distribution model by offering alternatives that resonate more strongly with evolving consumer values and preferences for a more diverse and authentic representation of women. This shift in market demand and the success of these nimble, digitally-focused competitors represent a fundamental disruption to the traditional intimate apparel retail landscape.AI Analysis | Feedback
The addressable markets for Victoria's Secret's main products and services are as follows:
Intimate Apparel (Bras, Panties, Lingerie, Sleepwear, Loungewear, Athletic Attire, and Swimwear)
- Global Market: The global intimate apparel market was valued at approximately USD 98.7 billion in 2025 and is projected to grow to USD 163.4 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 5.8% from 2026 to 2034.
- U.S. Market: The U.S. lingerie market size was estimated at USD 17.95 billion in 2025 and is projected to reach USD 31.40 billion by 2033, growing at a CAGR of 7.2% from 2025 to 2033.
Personal Care and Beauty Products (Fragrances and Body Care Products)
- Global Market: The global beauty and personal care products market is estimated at USD 651.42 billion in 2026 and is set to exceed USD 1.16 trillion by 2035, registering over 6.5% CAGR between 2026 and 2035.
- U.S. Market: The U.S. beauty and personal care products market was estimated at USD 117.05 billion in 2026 and is expected to reach USD 196.33 billion by 2033, growing at a CAGR of 7.7% from 2026 to 2033.
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Victoria's Secret & Co. (VSXY) is focusing on several key strategies to drive future revenue growth over the next 2-3 years:
- International Expansion: The company is actively pursuing growth in international markets through both company-owned and partner-operated stores. This expansion targets high-growth markets in the Middle East, India, Latin America, and Asia, with recent plans to open standalone stores in Germany. International revenue has already shown significant growth, with a 44.9% year-over-year increase in Q1 2026. Victoria's Secret also leverages social commerce, as seen with successful livestreaming events in China.
- Product Innovation and Diversification: A core driver is the acceleration of product innovation, particularly in its bra department, to improve fit, comfort, and introduce new designs such as the Body by Victoria FlexFactor. Beyond lingerie, the company is diversifying its offerings to include beauty, sleepwear, loungewear, and athletic attire, and expanding existing lines with a broader range of sizes and styles to emphasize inclusivity.
- Enhanced Digital Engagement and E-commerce Capabilities: Victoria's Secret is prioritizing digital growth, with a target of 40% e-commerce penetration by 2026. This involves leveraging AI for personalized customer experiences, integrating technology from its Adore Me acquisition to improve customer acquisition and lifetime value, and implementing smartphone 3D scanning to enhance fit accuracy and reduce returns. Increased app downloads also contribute to digital traffic.
- Brand Rejuvenation and Refocusing: The company is undergoing a significant brand transformation, repositioning itself around inclusivity, modern womanhood, and creating distinct identities for its Victoria's Secret and PINK brands. A shift away from heavy promotions towards full-price selling, described as a "promo-detox," is building a healthier, brand-led business. The return of a more inclusive Victoria's Secret Fashion Show is also part of this strategy to build brand relevance and trust.
- Optimizing Retail Footprint: Victoria's Secret is strategically growing and optimizing its retail footprint. This includes opening new stores and converting traditional flagship locations to smaller, off-mall formats that have demonstrated higher sales per square foot. This approach aims to improve unit economics and reduce operating costs.
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## Capital Allocation Decisions for Victoria's Secret (VSXY) ### Share Repurchases * Victoria's Secret's Board of Directors approved a share repurchase program in March 2024, authorizing the repurchase of up to $250 million of the company's common stock. * During the first quarter of 2026, the company repurchased 2.2 million shares for $100 million at an average price of $45.27 per share. * As of May 2, 2026, $150 million remained authorized for purchase under the existing $250 million share repurchase program. ### Outbound Investments * In December 2022, Victoria's Secret acquired Adore Me. This acquisition involved financial impacts related to purchase accounting items, including changes in the estimated fair value of contingent consideration and amortization of acquired intangible assets in 2023 and 2024. ### Capital Expenditures * Victoria's Secret & Co. has been noted for having "low capital intensity." * For fiscal year 2023, the company generated $850 million in free cash flow, partially driven by an inventory reduction of $1.1 billion. * The company reported operating cash flows of $425 million in fiscal year 2024, ending the year with $227 million in cash and cash equivalents and no outstanding borrowings on its ABL Facility.Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 56.49 |
| Mkt Cap | 6.9 |
| Rev LTM | 10,960 |
| Op Inc LTM | 693 |
| FCF LTM | 568 |
| FCF 3Y Avg | 611 |
| CFO LTM | 896 |
| CFO 3Y Avg | 937 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 5.0% |
| Rev Chg 3Y Avg | 0.9% |
| Rev Chg Q | 7.5% |
| QoQ Delta Rev Chg LTM | 2.1% |
| Op Inc Chg LTM | 16.0% |
| Op Inc Chg 3Y Avg | 14.6% |
| Op Mgn LTM | 5.7% |
| Op Mgn 3Y Avg | 5.2% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 8.0% |
| CFO/Rev 3Y Avg | 8.2% |
| FCF/Rev LTM | 5.1% |
| FCF/Rev 3Y Avg | 5.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 6.9 |
| P/S | 0.7 |
| P/Op Inc | 19.5 |
| P/EBIT | 21.8 |
| P/E | 30.7 |
| P/CFO | 9.9 |
| Total Yield | 3.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 7.4% |
| D/E | 0.5 |
| Net D/E | 0.3 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.6% |
| 3M Rtn | 3.8% |
| 6M Rtn | 19.2% |
| 12M Rtn | 72.1% |
| 3Y Rtn | 125.4% |
| 1M Excs Rtn | -1.9% |
| 3M Excs Rtn | -7.2% |
| 6M Excs Rtn | -1.5% |
| 12M Excs Rtn | 44.0% |
| 3Y Excs Rtn | 44.7% |
Price Behavior
Price Behavior
| Market Price | $73.08 | |
| Market Cap ($ Bil) | 5.8 | |
| First Trading Date | 07/21/2021 | |
| Distance from 52W High | -8.7% | |
| 50 Days | 200 Days | |
| DMA Price | $51.59 | $45.26 |
| DMA Trend | up | indeterminate |
| Distance from DMA | 41.6% | 61.5% |
| 3M | 1YR | |
| Volatility | 112.7% | 76.6% |
| Downside Capture | 293.87 | 196.46 |
| Upside Capture | 300.38 | 291.14 |
| Correlation (SPY) | 28.2% | 33.0% |
VSXY Betas & Captures as of 5/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.88 | 2.17 | 2.15 | 1.65 | 2.07 | 1.53 |
| Up Beta | 3.65 | 2.00 | 2.26 | 2.43 | 2.53 | 1.85 |
| Down Beta | 0.67 | 0.46 | 0.93 | 0.38 | 1.15 | 0.97 |
| Up Capture | 241% | 194% | 183% | 234% | 535% | 524% |
| Bmk +ve Days | 13 | 28 | 36 | 67 | 141 | 432 |
| Stock +ve Days | 13 | 23 | 33 | 63 | 129 | 378 |
| Down Capture | 416% | 368% | 282% | 149% | 154% | 110% |
| Bmk -ve Days | 7 | 13 | 27 | 57 | 109 | 318 |
| Stock -ve Days | 7 | 18 | 30 | 61 | 121 | 371 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with VSXY | |
|---|---|---|---|---|
| VSXY | 262.4% | 76.5% | 1.97 | - |
| Sector ETF (XLY) | 9.8% | 18.2% | 0.37 | 32.7% |
| Equity (SPY) | 28.6% | 11.8% | 1.82 | 32.2% |
| Gold (GLD) | 33.3% | 26.6% | 1.05 | 1.9% |
| Commodities (DBC) | 39.4% | 18.8% | 1.63 | -15.9% |
| Real Estate (VNQ) | 12.0% | 13.3% | 0.60 | 24.0% |
| Bitcoin (BTCUSD) | -40.5% | 42.3% | -1.11 | 2.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with VSXY | |
|---|---|---|---|---|
| VSXY | 11.5% | 67.7% | 0.44 | - |
| Sector ETF (XLY) | 7.1% | 23.7% | 0.26 | 40.6% |
| Equity (SPY) | 14.1% | 17.0% | 0.65 | 39.2% |
| Gold (GLD) | 18.3% | 18.0% | 0.82 | 1.2% |
| Commodities (DBC) | 9.9% | 19.4% | 0.40 | 5.1% |
| Real Estate (VNQ) | 3.2% | 18.8% | 0.07 | 30.9% |
| Bitcoin (BTCUSD) | 10.4% | 54.7% | 0.39 | 11.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with VSXY | |
|---|---|---|---|---|
| VSXY | 5.6% | 67.7% | 0.44 | - |
| Sector ETF (XLY) | 12.7% | 22.0% | 0.53 | 40.6% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | 39.2% |
| Gold (GLD) | 13.4% | 16.0% | 0.69 | 1.2% |
| Commodities (DBC) | 7.3% | 17.9% | 0.33 | 5.1% |
| Real Estate (VNQ) | 5.6% | 20.7% | 0.23 | 30.9% |
| Bitcoin (BTCUSD) | 63.9% | 66.9% | 1.03 | 11.9% |
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Earnings Returns History
Updated 6/5/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 6/2/2026 | 47.4% | ||
| 3/5/2026 | -12.2% | -24.7% | -23.3% |
| 12/5/2025 | 18.0% | 26.9% | 46.6% |
| 8/28/2025 | -0.5% | 12.7% | 15.2% |
| 6/11/2025 | -5.4% | -17.2% | -14.6% |
| 3/5/2025 | -8.2% | -22.6% | -33.0% |
| 12/5/2024 | 11.6% | 8.8% | -9.0% |
| 8/28/2024 | -3.7% | -4.4% | 4.7% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 8 | 6 | 4 |
| # Negative | 12 | 13 | 15 |
| Median Positive | 13.0% | 10.4% | 13.9% |
| Median Negative | -5.8% | -13.9% | -14.6% |
| Max Positive | 47.4% | 26.9% | 46.6% |
| Max Negative | -29.7% | -24.7% | -33.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 01/31/2026 | 03/20/2026 | 10-K |
| 10/31/2025 | 12/05/2025 | 10-Q |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/12/2025 | 10-Q |
| 01/31/2025 | 03/21/2025 | 10-K |
| 10/31/2024 | 12/09/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/07/2024 | 10-Q |
| 01/31/2024 | 03/22/2024 | 10-K |
| 10/31/2023 | 12/01/2023 | 10-Q |
| 07/31/2023 | 09/01/2023 | 10-Q |
| 04/30/2023 | 06/02/2023 | 10-Q |
| 01/31/2023 | 03/17/2023 | 10-K |
| 10/31/2022 | 12/02/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| 04/30/2022 | 06/03/2022 | 10-Q |
Recent Forward Guidance
Updated 6/3/2026Latest: Q1 2026 Earnings Reported 6/2/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 1.59 Bil | 1.60 Bil | 1.61 Bil | Higher New | |||
| Q2 2026 Operating Income | 90.00 Mil | 95.00 Mil | 100.00 Mil | Higher New | |||
| 2026 Revenue | 7.03 Bil | 7.08 Bil | 7.13 Bil | 2.6% | Raised | Guidance: 6.90 Bil for 2026 | |
| 2026 Operating Income | 550.00 Mil | 565.00 Mil | 580.00 Mil | 27.0% | Raised | Guidance: 445.00 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 3/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 1.49 Bil | 1.51 Bil | 1.52 Bil | Higher New | |||
| Q1 2026 Operating Income | 32.00 Mil | 37.00 Mil | 42.00 Mil | Higher New | |||
| 2026 Revenue | 6.85 Bil | 6.90 Bil | 6.95 Bil | 6.7% | Raised | Guidance: 6.46 Bil for 2025 | |
| 2026 Operating Income | 430.00 Mil | 445.00 Mil | 460.00 Mil | 22.8% | Raised | Guidance: 362.50 Mil for 2025 | |
Industry Resources
| Consumer Discretionary Resources |
| Retail Dive |
| Business of Fashion (BoF) |
| WWD (Women's Wear Daily) |
| National Retail Federation (NRF) |
| McKinsey & Company - Consumer |
| Mintel Consumer Trends |
| Apparel Retail Resources |
| Apparel News |
| Just Style |
| Sourcing Journal |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 6/4/2026