Victoria's Secret Narrows Fiscal Q4 Outlook; Names New CFO -- Shares Down

MT Newswires Live

Jan 29, 2025

Victoria's Secret (VSCO) narrowed its fiscal Q4 outlook Wednesday, raising the lower end of its projections for adjusted diluted earnings per share and net sales.

The company now expects adjusted EPS of $2.20 to $2.30, from its previous forecast of $2 to $2.30. Analysts polled by FactSet expect $2.25.

Net sales for the quarter ending Feb. 1 are now estimated to grow 3% to 4%, from the previous growth range of 2% to 4%, according to the statement. Analysts polled by FactSet expect $2.08 billion.

In the same statement, Victoria's Secret said Scott Sekella was named as its new chief financial officer to succeed Timothy Johnson, who is retiring from the company in June.

Victoria's Secret shares were down 5% in recent premarket activity.

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Analysts polled by FactSet expect $2.08 billion.</p><p>In the same statement, Victoria's Secret said Scott Sekella was named as its new chief financial officer to succeed Timothy Johnson, who is retiring from the company in June.</p><p>Victoria's Secret shares were down 5% in recent premarket activity.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2507638998","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507638998","pubTimestamp":1738155664,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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Analysts polled by FactSet expect $2.25.Net sales for the quarter ending Feb. 1 are now estimated to grow 3% to 4%, from the previous growth range of 2% to 4%, according to the statement. Analysts polled by FactSet expect $2.08 billion.In the same statement, Victoria's Secret said Scott Sekella was named as its new chief financial officer to succeed Timothy Johnson, who is retiring from the company in June.Victoria's Secret shares were down 5% in recent premarket activity.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}