Welcome to our dedicated page for Bath & Body Works news (Ticker: BBWI), a resource for investors and traders seeking the latest updates and insights on Bath & Body Works stock.
Bath & Body Works, Inc. (BBWI) delivers innovative personal care and home fragrance products through its integrated retail strategy. This news hub provides investors and stakeholders with centralized access to official corporate communications and market developments.
Find timely updates on earnings announcements, product innovations, leadership changes, and strategic initiatives. Our curated news feed combines press releases with third-party analysis to offer balanced perspectives on BBWI's retail operations and market positioning.
The repository includes updates across key business areas: quarterly financial results, store network expansions, digital platform enhancements, and sustainability efforts. Bookmark this page for streamlined tracking of BBWI's evolving market strategy and consumer engagement approaches.
Bath & Body Works (NYSE: BBWI) announced a new $1.5 billion share repurchase program and a 33% increase in the annual dividend to $0.80 per share. For the fourth quarter ending January 29, 2022, the company reported net sales of $3.027 billion, up 11% year-over-year. Estimated earnings per share (EPS) from continuing operations are projected at approximately $2.25, exceeding prior guidance. The company maintains a strong balance sheet with approximately $2 billion in cash, positioning itself for sustainable growth.
Bath & Body Works (BBWI) reported third quarter 2021 earnings with net sales of $1.681 billion, a slight decline from $1.702 billion in Q3 2020 but a 53% increase compared to $1.099 billion in Q3 2019. Earnings per share (EPS) from continuing operations were $0.66, down from $0.69 year-over-year. However, adjusted EPS rose to $0.92 from $0.83 last year. The company forecasts Q4 2021 EPS between $2.10 and $2.25, up from $1.96 in 2020. CEO Andrew Meslow attributed growth to strong customer response and loyal customer base.
Bath & Body Works (NYSE: BBWI) has declared a quarterly dividend of $0.15 per share, payable on Dec. 3, 2021, to shareholders of record by Nov. 19, 2021. This announcement reflects the company's commitment to return value to its investors. Bath & Body Works continues to be a leading specialty retailer, offering a wide range of fragrances for body and home, available at over 1,750 locations in the U.S. and Canada.
Bath & Body Works (NYSE: BBWI) will announce its third quarter 2021 earnings on November 17, after market close. A live webcast of the earnings conference call is scheduled for November 18 at 9:00 a.m. ET, featuring executives from the company. For additional details, participants can log onto the company's website or call designated numbers for domestic and international attendees.
The company continues to lead in specialty retailing with a focus on exclusive fragrances, operating over 1,750 locations in the U.S. and Canada.
Bath & Body Works (NYSE: BBWI) announced the acceptance of $450.1 million in Notes for early settlement as part of its previously announced Tender Offers to buy back outstanding debt, including the 2023, 2025, and 2027 Senior Notes. The Tender Offers are limited to a maximum aggregate amount of $500 million and are subject to proration due to a Sub-Cap of $180 million for the 2025 and 2027 Notes. Purchase payments for accepted notes will be made on September 3, 2021, with tender offers expiring on September 16, 2021.
Bath & Body Works has initiated tender offers to buy back up to $500 million of its outstanding senior notes: 5.625% due 2023, 9.375% due 2025, and 6.694% due 2027. The maximum amount for the 2025 and 2027 notes is capped at $180 million. The tender offers commence today, with a potential expiration on September 16, 2021. Investors can participate until the early tender deadline on September 1, 2021, to receive a premium. The company has the discretion to amend or terminate the offers as needed.
Bath & Body Works (NYSE: BBWI) reported impressive second quarter results for the period ending July 31, 2021. The company achieved net sales of $3.318 billion, up from $2.319 billion in the same quarter of 2020, reflecting a 14% increase compared to pre-pandemic figures. Bath & Body Works alone generated $1.704 billion in sales, marking a 54% surge since 2019. Earnings per share reached a record $1.34, compared to a loss of $0.18 last year. The outlook for Q3 2021 suggests earnings in the range of $0.55 to $0.60.
Bath & Body Works has declared a quarterly dividend of $0.15 per share, payable on September 3, 2021, to shareholders recorded by August 20, 2021. This announcement reflects the company's ongoing commitment to return value to shareholders. Bath & Body Works is a leading retailer specializing in fragrances and personal care products, with over 1,750 store locations across the U.S. and Canada and more than 300 international franchises.
Bath & Body Works announced that it will release its Q2 2021 earnings on August 18, 2021, after market close. A live webcast of the earnings conference call will take place on August 19, 2021, at 9:00 a.m. ET. Participants can join via bbwinc.com or by dialing in. This call is crucial for investors as it will provide insights into the company's financial performance and future outlook.
FAQ
What is the current stock price of Bath & Body Works (BBWI)?
What is the market cap of Bath & Body Works (BBWI)?
