Victoria's Secret (VSCO) Change in Inventory (2020 - 2026)

Victoria's Secret (VSCO) recorded quarterly Change in Inventory of -$308.0 million in Q1 2026, down 196.25% quarter-over-quarter from $320.0 million in Q4 2025, and up 7.78% on a YoY basis from -$285.8 million in Q1 2025.

Victoria's Secret (VSCO) Change in Inventory (2020 - 2026) Analysis & Trends

Victoria's Secret's Change in Inventory history runs 7 years deep, the most recent figure standing at -$308.0 million for Q1 2026.

  • In Q1 2026, Change in Inventory rose 7.78% year-over-year to -$308.0 million; the TTM figure through Jan 2026 stood at $112.0 million (up 486.21% YoY), while the FY2026 annual figure was $112.0 million, up 486.21% from the prior year.
  • Change in Inventory was -$308.0 million for Q1 2026 at Victoria's Secret, down from $320.0 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $320.0 million in Q4 2025 to a low of -$334.0 million in Q1 2025.
  • Historically, Change in Inventory has averaged -$1.4 million across 5 years, with a median of $14.0 million in 2025.
  • The sharpest annual moves came in 2023 and 2025: Change in Inventory slumped 319.72% in 2023, then surged 4200.0% in 2025.
  • A 5-year view of Change in Inventory shows it stood at $160.0 million in 2022, then gained by 11.88% to $179.0 million in 2023, then jumped by 51.4% to $271.0 million in 2024, then climbed by 18.08% to $320.0 million in 2025, then plunged by 196.25% to -$308.0 million in 2026.
  • The last three Change in Inventory figures came in at -$308.0 million (Q1 2026), $320.0 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Tjx Companies 177.75 Bn 172.17 Bn 4.48 Bn 382.00 Mn
2 Ross Stores 74.23 Bn 69.64 Bn 1.80 Bn -498.00 Mn
3 Burlington Stores 19.90 Bn 19.15 Bn 1.26 Bn 132.30 Mn
4 Lululemon Athletica 13.59 Bn 11.78 Bn 2.00 Bn -328.77 Mn
5 Gap 7.91 Bn 5.35 Bn 1.42 Bn -112.00 Mn
6 Urban Outfitters 6.43 Bn 5.73 Bn 599.20 Mn -142.03 Mn
7 Boot Barn Holdings 5.12 Bn 4.92 Bn 281.24 Mn -49.63 Mn
8 Victoria's Secret 4.37 Bn 3.90 Bn 855.00 Mn -308.00 Mn
9 Abercrombie & Fitch 3.57 Bn 2.80 Bn 1.10 Bn -130.99 Mn
10 American Eagle Outfitters 2.83 Bn 2.59 Bn 651.06 Mn -197.27 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 -308.00 Mn
Jan 31, 2026 -308.00 Mn
Nov 1, 2025 320.00 Mn
Nov 1, 2025 320.00 Mn
Aug 2, 2025 14.00 Mn
Aug 2, 2025 14.00 Mn
May 3, 2025 86.00 Mn
May 3, 2025 86.00 Mn
Feb 1, 2025 -334.00 Mn
Feb 1, 2025 -334.00 Mn
Nov 2, 2024 271.00 Mn
Nov 2, 2024 271.00 Mn
Aug 3, 2024 32.00 Mn
Aug 3, 2024 32.00 Mn
May 4, 2024 2.00 Mn
May 4, 2024 2.00 Mn
Feb 3, 2024 -220.00 Mn
Feb 3, 2024 -220.00 Mn
Oct 28, 2023 179.00 Mn
Oct 28, 2023 179.00 Mn