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The headline numbers for Bath & Body Works (BBWI) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Shares of retailer Bath & Body Works (BBWI) slid in premarket trading Tuesday despite a first-quarter earnings report that surpassed analyst expectations and the company's own guidance.
The company reported first-quarter adjusted earnings of 38 cents a share on revenue of $1.38 billion—better than Wall Street's expectations of 33 cents on $1.37 billion.
Bath & Body Works forecast full-year profit largely below market estimates on Tuesday and said it expects annual sales to drop, signaling demand for its scented candles and body care products would remain subdued amid sticky inflation.
Net Sales of $1.4 Billion Exceeded Guidance Diluted Earnings Per Share of $0.38 Exceeded Guidance, up 9% on a GAAP Basis and 15% on an Adjusted Basis Compared to Prior Year
Bath & Body Works stock (NYSE: BBWI), the largest specialty home fragrance & body care product retailer in the U.S., formerly known as L Brands, is scheduled to report its fiscal first-quarter results on Tuesday, June 4. We expect BBWI stock to likely trade lower with revenues and earnings missing expectations in its first-quarter results.
Get a deeper insight into the potential performance of Bath & Body Works (BBWI) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
COLUMBUS, Ohio, May 28, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that Eva Boratto, chief financial officer, will participate in a fireside chat at the Evercore ISI Consumer & Retail Conference on Tuesday, June 11, 2024, at 11:00 a.m. EDT.
COLUMBUS, Ohio, May 21, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that it plans to report its first quarter 2024 financial results before market open on Tuesday, June 4, 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, May 17, 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 June 21, 2024, to shareholders of record at the close of business on June 7, 2024.