BUZZ-Victoria’s Secret CFO to retire; shares down

** Shares of lingerie maker Victoria’s Secret VSCO.N fall ~7% to $35.35 premarket

** Co says chief financial officer (CFO) Timothy Johnson is retiring in June after working with VSCO for nearly four years

** Says Johnson to be succeeded by Scott Sekella, former CFO of fabric and crafts retailer Joann

** Expects Q4 net sales to grow in the range of 3% to 4% vs prior forecast of 2% to 4%

** Expects quarterly adj. earnings per share between $2.20 and $2.30 vs prior range of $2 to $2.30

** While co's initiatives are working, near-term top line trends are partly pressured by macro-related headwinds, which may obscure underlying brand recovery efforts - Corey Tarlowe, analyst with Jefferies

** VSCO rose about 56% in 2024