BBWI Stock Recent News

COLUMBUS, Ohio , Sept. 25, 2024 /PRNewswire/ -- Bath & Body Works, Inc. (NYSE: BBWI) (the "Company") today announced that the Company and Julie Rosen, President, Retail of Bath & Body Works, have mutually agreed Ms.

BBWI is a market leader in a high-quality industry, yet it's trading as if it's going out of business. I expect BBWI to return to growth in 2025 by leaning into its loyal customer base, successful collaborations, and expansion into new product categories and international markets. If BBWI successfully returns to growth in 2025, I believe a multiple re-rating closer to industry peers is justified.

Bath & Body Works is undervalued, with a fair value estimate of $38 per share, offering a 32% upside from the current price. The company boasts strong brand loyalty, a robust omnichannel presence, and impressive operational efficiency, driving high returns on invested capital. Despite challenges like economic sensitivity and competition, BBWI's strategic initiatives and innovation position it well for continued growth.

I am neutral on Bath & Body Works Inc. due to a bleak near-term outlook and lack of positive growth catalysts. The stock is now at the low end of its 10-year trading range. Weak sales performance is expected due to cautious consumer spending, ineffective new product launches, and growing inventory levels potentially leading to markdowns.

COLUMBUS, Ohio, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that Gina Boswell, Chief Executive Officer and Eva Boratto, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference on Wednesday, September 4, 2024, at 8:15 a.m. EDT.

Bath & Body Works, Inc. BBWI reported worse-than-expected second-quarter sales results and issued FY24 adjusted EPS guidance with its midpoint below estimates. Also, the company issued third-quarter EPS guidance below estimates.

It's been a tough year for Bath & Body Works NYSE: BBWI. So far, in 2024, the home fragrance, body care, and soap retailer founded in Columbus, Ohio, has seen its shares fall around 24%.

Bath & Body Works (BBWI) shares sank after the company slashed its 2024 guidance and missed expectations with its second-quarter sales.

Bath & Body Works, Inc. (NYSE:BBWI ) Q2 2024 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Luke Long - Vice President, Investor Relations Gina Boswell - Chief Executive Officer and Director Julie Rosen - President Eva Boratto - Chief Financial Officer Conference Call Participants Simeon Siegel - BMO Capital Markets Lorraine Hutchinson - Bank of America Alex Straton - Morgan Stanley Kate McShane - Goldman Sachs Matthew Boss - JP Morgan Krisztina Katai - Deutsche Bank Dana Telsey - Telsey Advisory Group Olivia Tong - Raymond James Marni Shapiro - The Retail Tracker Jonna Kim - TD Cowen Korinne Wolfmeyer - Piper Sandler Operator Good morning. My name is Donna, and I will be your conference operator today.

While the top- and bottom-line numbers for Bath & Body Works (BBWI) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.