Victoria's Secret falls after quarterly sales outlook comes in below expectations

Lingerie maker Victoria's Secret's VSCO.N shares down 5.8% at $20.92

Co expects Q1 net sales of $1.30 billion to $1.33 billion, compared with expectations of $1.39 billion, according to data compiled by LSEG

Co says it factored in unseasonal weather across much of the U.S. that had created an additional challenge at the start of the year

"With a new CEO in place, we are not surprised to see the company initiate more cautious guidance to provide some latitude to operate against an uncertain environment" - Telsey Advisory Group analyst Dana Telsey

Company expects annual sales to be in the range of $6.2 billion to $6.3 billion, compared with analysts' expectations of $6.21 billion

VSCO stock has risen about 4.2% YTD including session's moves