Victoria’s Secret taps retail veteran as new CFO, but stock sells off - MarketWatch
1. Victoria's Secret appointed Scott Sekella as CFO, enhancing leadership. 2. Company tightened Q4 earnings guidance to $2.20 - $2.30 per share. 3. Sales growth outlook raised to 3% - 4%, previously 2% - 4%. 4. Victoria's Secret maintains good inventory for Valentine's Day sales. 5. Stock is down 8.5% year-to-date despite a 44% increase over last year.