Victoria's Secret Shares Drop Following CFO Transition Announcement
Victoria's Secret & Co. (NYSE: VSCO) shares are trading lower Wednesday after the company announced the retirement of Chief Financial and Administrative Officer Timothy Johnson and the appointment of Scott Sekella as the new Chief Financial Officer.
TD Cowen lowered the firm’s price target on Victoria’s Secret (VSCO) to $40 from $45 and keeps a Hold rating on the shares. The firm noted the ...
The arts and crafts retailer operates roughly 850 stores across the United States, but 2025 will see several closures.
At the time, CEO Scott Sekella said 95% of Joann's 815 operating stores were profitable. He later left the company and was replaced by interim CEO Michael Prendergast, who joined the company along ...
Could a Joann fabric, craft store be closing near you? The national retail chain is declaring bankruptcy for the second time ...
Consumer companies ticked down amid mixed earnings. Gucci owner Kering and other European luxury brands sold off following a lackluster earnings report from bellwether LVMH.
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