Bath & Body Works Inc - BBWI STOCK NEWS

Bath & Body Works (BBWI) reported Q4 2024 net sales of $2.8 billion and earnings per diluted share of $2.09, both exceeding guidance. Q4 net sales decreased 4.3% compared to 2023, impacted by a 500 basis points headwind due to shifted fiscal calendar.

Full-year 2024 results showed net sales of $7.3 billion, down 1.6% from 2023, with earnings per diluted share of $3.61. The company repurchased 10.4 million shares for $400 million and reduced $514 million in senior notes debt.

Looking ahead to 2025, BBWI forecasts 1% to 3% net sales growth with earnings per diluted share between $3.25 and $3.60. The Board authorized a new $500 million share repurchase program. Free cash flow for 2025 is expected between $750-850 million.

Bath & Body Works (NYSE: BBWI) has announced it will release its fourth quarter and fiscal 2024 financial results before market open on Thursday, February 27, 2025. The company will host a conference call at 8:30 a.m. EST featuring CEO Gina Boswell and CFO Eva Boratto to discuss results and provide business updates.

Supplemental materials will be posted 45 minutes before the call on the company's investor website. Investors can participate via phone (877-407-9219 domestic, 201-689-8852 international) or audio webcast on bbwinc.com. A replay will be available and archived for 90 days.

Bath & Body Works operates over 1,880 company-owned locations across the U.S. and Canada, plus 500+ international franchised locations and an online store. The company specializes in personal care and home fragrance products, including fine fragrance mist, body lotions, candles, and liquid hand soap.

Bath & Body Works (NYSE: BBWI) has announced its regular quarterly dividend payment. The company will distribute $0.20 per share to shareholders of record as of February 21, 2025, with the payment scheduled for March 7, 2025.

Bath & Body Works operates as a global leader in personal care and home fragrance products, featuring popular items such as fine fragrance mists, body lotions, 3-wick candles, and liquid hand soaps. The company maintains a predominantly U.S.-based supply chain and serves customers through over 1,880 company-operated locations in the U.S. and Canada, more than 500 international franchised locations, and their online platform at bathandbodyworks.com.

Bath & Body Works (NYSE: BBWI) has announced that CEO Gina Boswell and CFO Eva Boratto will participate in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference on December 4, 2024, at 8:00 a.m. EST. The event will be accessible via live audio webcast through the company's investor relations website and will remain available for 90 days afterward.

Bath & Body Works is a global leader in personal care and home fragrance, operating more than 1,880 company-owned locations in the U.S. and Canada, plus over 500 international franchised locations. The company specializes in fine fragrance mist, body care products, candles, home fragrances, and liquid hand soap, supported by a predominantly U.S.-based supply chain.

Bath & Body Works (BBWI) reported strong Q3 2024 results with net sales of $1.61 billion, up 3% year-over-year, and earnings per diluted share of $0.49. Operating income was $218 million, while net income reached $106 million. The company has raised its full-year 2024 guidance, now expecting net sales to decline between 2.5% and 1.7% compared to fiscal 2023. For Q4 2024, the company projects net sales to decline 6.5% to 4.5%, with earnings per diluted share expected between $1.94 and $2.07.

Bath & Body Works (NYSE: BBWI) has announced it will release its third quarter 2024 financial results before market open on November 25, 2024. The company will host a conference call at 9:00 a.m. EST, featuring CEO Gina Boswell and CFO Eva Boratto. Supplemental materials will be available 45 minutes before the call on the company's website. Bath & Body Works operates over 1,870 company-owned locations in the U.S. and Canada, plus 490 international franchised locations, specializing in personal care and home fragrance products.

Bath & Body Works (NYSE: BBWI) has declared its regular quarterly dividend of $0.20 per share, payable on December 6, 2024, to shareholders of record as of November 22, 2024. The company operates as a global leader in personal care and home fragrance, with a predominantly U.S.-based supply chain. Bath & Body Works maintains over 1,870 company-operated locations across the U.S. and Canada, plus 490+ international franchised locations and an online presence at bathandbodyworks.com.

Bath & Body Works (NYSE: BBWI) has announced a new collaboration with Paramount Consumer Products for the Netflix series Emily in Paris. The -edition holiday collection features over 50 products designed to capture the essence of the show through fragrance and fashion.

The collection includes four exclusive fragrances: Champagne in Paris, Paris Amour, Lavender Luxe, and Macaron Cloud. Products range from fine fragrance mists and body care items to candles and home fragrances, priced between $1.95 and $36.95.

This partnership follows Bath & Body Works' successful collaborations with other popular TV series like Bridgerton and Stranger Things. The company aims to engage fans by bringing the show to life through fragrance, leveraging its expertise in personal care and home fragrance products.

The Bath & Body Works x Emily in Paris collection will be available in stores nationwide and online starting November.

Bath & Body Works (NYSE: BBWI) announced that Julie Rosen, President of Retail, is stepping down from her role effective immediately. The company has eliminated the position of President, Retail, and most functions previously reporting to Ms. Rosen will now report directly to CEO Gina Boswell.

This organizational change aims to accelerate decision-making through a flatter structure. Ms. Boswell expressed gratitude for Rosen's contributions since joining in 2020 and stated that the company is well-positioned for the upcoming holiday season. Bath & Body Works remains focused on growth and delivering compelling products and unique brand storytelling to customers.

The company also reaffirmed its third quarter and full year fiscal 2024 guidance as previously provided on August 28, 2024.