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AI brief of an SEC Form 8-K · Victoria's Secret (VSXY)

Victoria's Secret raises low end of Q4 2024 guidance and names Scott Sekella CFO

Positive Impact 4 of 5 guidance Written later

Victoria's Secret & Co. named Scott Sekella, former CFO of JOANN Inc., as chief financial officer effective January 29, 2025. Timothy Johnson stepped down as chief financial and administrative officer effective January 28, 2025, and is retiring in June 2025. In the same January 29 press release, the company raised the low end of its fourth quarter 2024 guidance for net sales, adjusted operating income, and adjusted diluted earnings per share, which it said are expected to fall within or near the top end of prior ranges.

Key points

  • Updated Q4 2024 adjusted operating income guidance is $260 million to $270 million, up from $240 million to $270 million.
  • Updated adjusted diluted EPS guidance is $2.20 to $2.30, up from $2.00 to $2.30; net sales growth guidance is +3% to +4%, up from +2% to +4%.
  • Sekella's pay includes a $750,000 base salary, a target bonus of 100% of salary, and a one-time $200,000 cash bonus.
  • Johnson remains employed by the company in a non-executive role.

The filing

CompanyVictoria's Secret (VSXY)
Form8-K, current report
Filed with the SECJan 29, 2025, 7:03 AM ET
Accession number0001856437-25-000002

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 29, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.