For the quarter ending 2025-11-01, VSCO had $61M increase in cash & cash equivalents over the period. -$232M in free cash flow.
| Cash Flow | 2025-11-01 | 2025-08-02 | 2025-05-03 | 2025-02-01 |
|---|---|---|---|---|
| Net loss | -32 | 18 | 3 | 194 |
| Depreciation and amortization | 60 | 63 | 62 | 66 |
| Share-based compensation expense | 12 | 15 | 14 | 15 |
| Payments for contingent compensation related to adore me acquisition | - | - | - | 39 |
| Deferred income taxes | -1 | -2 | 5 | -30 |
| Equity method investment impairment charges | - | - | - | 19 |
| Gain on sale of assets | 0 | 0 | - | 1 |
| Amortization of fair value adjustment to acquired inventories | - | - | - | 0 |
| Accounts receivable | 25 | 12 | -8 | -3 |
| Inventories | 320 | 14 | 86 | -334 |
| Accounts payable, accrued expenses and other | 113 | 117 | -98 | -23 |
| Income taxes | 20 | -33 | -7 | 59 |
| Other assets and liabilities | 7 | -4 | 51 | -77 |
| Net cash used for operating activities | -180 | 156 | -150 | 674 |
| Capital expenditures | 52 | 68 | 43 | 28 |
| Proceeds from sale of assets | 0 | 0 | - | 9 |
| Acquisition, net of cash acquired | - | - | - | 0 |
| Investment in frankies bikinis, llc | - | - | - | 0 |
| Other investing activities | 0 | - | - | 1 |
| Net cash used for investing activities | -52 | -68 | -43 | -20 |
| Borrowings from asset-based revolving credit facility | 300 | 85 | 160 | 0 |
| Repayments of borrowings from asset-based revolving credit facility | 0 | 115 | 55 | 440 |
| Tax payments related to share-based awards | 3 | 0 | 10 | 1 |
| Proceeds from stock option exercises | - | - | - | 5 |
| Payments of long-term debt | 1 | 1 | 1 | 1 |
| Repurchases of common stock | - | - | - | 0 |
| Cash received from noncontrolling interest holder | - | - | - | 0 |
| Payments for contingent consideration related to adore me acquisition | 0 | 0 | 0 | 145 |
| Other financing activities | -4 | -9 | 12 | -5 |
| Net cash provided by financing activities | 293 | -39 | 106 | -587 |
| Effects of exchange rate changes on cash and cash equivalents | 0 | 1 | -2 | -1 |
| Net increase (decrease) in cash and cash equivalents | 61 | 50 | -89 | 66 |
| Cash and cash equivalents at beginning of period | 188 | 138 | 227 | 161 |
| Cash and cash equivalents at end of period | 249 | 188 | 138 | 227 |
Victoria's Secret & Co. (VSCO)
Victoria's Secret & Co. (VSCO)