BBWI Stock Recent News

COLUMBUS, Ohio, Feb. 07, 2025 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today the declaration of its regular quarterly dividend of $0.20 per share payable on March 7, 2025, to shareholders of record at the close of business on February 21, 2025.

Bath & Body Works (BBWI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Investors need to pay close attention to Bath & Body Works (BBWI) stock based on the movements in the options market lately.

According to Bloomberg, Lone Pine Capital made approximately $5 billion in investment gains for its investors in 2024. Founded by Stephen Mandel Jr. in 1996, the one-time Tiger Cub outsources the day-to-day operations but maintains a visible presence at the Greenwich-based hedge fund. In 2023, Mandel is said to have made $500 million personally, a nice rebound from Lone Pine’s losses in 2022, when the long/short fund lost 32%, while its long-only fund dropped 42%. It also has a fund for private investments. Given the gains in 2024, Mandel is likely to have recouped much of his losses from 2022’s terrible year in the markets. Bloomberg estimates the firm’s assets under management at $18.2 billion. According to its Q3 2024 13f holdings report, $13.41 billion was invested in 29 stocks, an average of $462 million per company. In the third quarter, the hedge fund closed out four stocks, added six positions, reduced its holdings in 12 stocks, and added nine new names. Lone Pine signifi

Goldman Sachs analyst Kate McShane reiterated a Buy rating on the shares of Bath & Body Works Inc. BBWI with a price target of $52.00.

Telsey Advisory Group CEO and chief research officer Dana Telsey joins Madison Mills on Catalysts to share her outlook for the retail sector in 2025. Telsey maintains an optimistic stance, noting that the retail sector is "still a buy" for 2025.

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.