Victoria's Secret stock dropped over 5% after CFO departure and narrowed EPS guidance.

From StockTwits: 2025-01-29 23:28:18

Victoria’s Secret ($VSCO) saw shares drop over 5% after announcing CFO changes and tightening fourth-quarter outlook. The company expects adjusted EPS between $2.20 and $2.30, with net sales growth of 3% to 4%. New CFO Scott Sekella will replace Timothy Johnson, who retires in June. Sentiment on Stocktwits turned ‘neutral’ from ‘bullish’, with Goldman Sachs lowering price target to $35. Victoria’s Secret stock is down 12.7% year-to-date. CEO Hillary Super expressed optimism with improved holiday results and fourth-quarter outlook. Stocktwits data predicts fourth-quarter earnings per share at $2.26 on revenues of $2.09 billion.



Read more at StockTwits: Victoria’s Secret Stock Slips On CFO Departure, Narrowed EPS Guidance: Retail’s Cautious