BBWI Stock Recent News

Net Sales of $1.5 Billion , In Line with Guidance Earnings Per Diluted Share of $0.68; Adjusted Earnings Per Diluted Share of $0.37, Exceeded Guidance Updates Fiscal Year 2024 Guidance Increases Full-Year Expected Share Repurchases to $400 million from $300 million

COLUMBUS, Ohio, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that it plans to report its second quarter 2024 financial results before market open on Wednesday, August 28, 2024. In conjunction with this report, the company will host a conference call at 9:00 a.m. EDT during which Gina Boswell, chief executive officer, Eva Boratto, chief financial officer, and Julie Rosen, president, retail, will provide a business update and discuss the company's results. Supplemental materials will be posted approximately 45 minutes prior to the start of the conference call on the events and presentations page in the Investors section of the company's website at bbwinc.com.

COLUMBUS, Ohio, Aug. 09, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today the declaration of its regular quarterly dividend of $0.20 per share payable on September 6, 2024, to shareholders of record at the close of business on August 23, 2024.

Bath & Body Works NYSE: BBWI is a brand name synonymous with fragrant lotions and flickering candles, experienced a sudden chill in the market as investors reacted to the company's recent second-quarter sales forecast. Despite Bath & Body Works' earnings exceeding first-quarter estimates, the company's stock tumbled over 8% in pre-market trading.

Bath & Body is a dominant player in the fragrance industry, with a strong market share. The company has a successful loyalty program with a large number of members compared to the programs of great companies like Ulta or Sephora. After far exceeding the Q1 2024 guidance, I think the chances of exceeding Full-Year expectations are high.

Bath and Body Works Inc. saw sales decline in its latest quarter, but the company is betting on men's products as it looks to return to growth.

Bath & Body Works beat on the top and bottom lines today. Management even raised guidance for the year -- but still warned that profits will fall year over year.

Pre-market trading is back in the red this morning. We have two economic prints out this morning — Job Openings and Labor Turnover Survey (JOLTS) and Factory Orders, both for April and due at 10am ET today — and key earnings reports, most of which are coming after today's closing bell.

Bath & Body Works Inc (NYSE:BBWI) shares plummeted more than 13% after the beauty, skincare and lifestyle company issued disappointing full year guidance. It expects its net sales to decline up to 2.5% from $7.43 billion in fiscal 2023.

Bath & Body Works Inc (NYSE:BBWI) posted better-than-expected first-quarter earnings results before the open this morning.