What Happened? Shares of intimatewear and beauty retailer Victoria’s Secret (NYSE:VSCO) fell 6.5% in the pre-market session after the company appointed a new CFO, Scott Sekella, who most recently served as CFO of fabric and crafts retailer Joann and previously held financial leadership roles at Under Armour and Crocs.

Victoria’s Secret & Co.’s stock slid 6% premarket Wednesday, after the bra, athleisure and fragrance maker moved to bring in a retail veteran as new finance chief and tightened guidance ranges for the current quarter.

Fintel reports that on January 28, 2025, Barclays upgraded their outlook for Victoria's Secret (NYSE:VSCO) from Equal-Weight to Overweight. Analyst Price Forecast Suggests 22.11% Upside As of December 23,