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 is set to hire 30,000 new seasonal associates for the upcoming holiday season. This includes positions at over 1,800 stores across the US, Canada, and Puerto Rico, as well as 2,700 distribution center associates in Ohio. The company aims to maintain its focus on delivering a top-notch shopping experience through convenience, service, and quality fragrances at competitive prices.
Seasonal roles include part-time sales associates in retail locations and various full-time positions in distribution centers. Bath & Body Works offers competitive wages, flexible hours, a 40% employee discount, and access to earned wages through Daily Pay. Notably, in 2022 and 2023, over 40% of seasonal sales associates transitioned into permanent roles.
The company will host a national store associate hiring event on September 28, with immediate offers for qualified candidates. Online applications for store positions are open until October 26, while distribution center applications are accepted until December 6.
Bath & Body Works (NYSE: BBWI) announced its participation in the Goldman Sachs 31st Annual Global Retailing Conference on September 4, 2024. CEO Gina Boswell and CFO Eva Boratto will engage in a fireside chat at 8:15 a.m. EDT. The event will be accessible via a live audio webcast on the company's investor relations website.
Bath & Body Works is a global leader in personal care and home fragrance, known for its popular collections of fine fragrance mists, body lotions, candles, and hand soaps. With over 1,870 company-operated locations in the U.S. and Canada, plus 490 international franchised locations, the brand offers both in-store and online shopping experiences. The company's agile, predominantly U.S.-based supply chain enables it to deliver quality products at affordable prices.
Bath & Body Works (NYSE: BBWI) reported Q2 2024 results with net sales of $1.526 billion, down 2.1% year-over-year. The company's earnings per diluted share were $0.68, while adjusted EPS was $0.37, exceeding guidance. BBWI updated its fiscal 2024 guidance, now expecting net sales to decline 2-4% compared to 2023. The company increased its full-year expected share repurchases to $400 million from $300 million. For Q3 2024, BBWI projects net sales to range between flat to a 2.5% increase. Despite a cautious consumer environment, BBWI remains confident in its strategy to deliver long-term growth and enhance shareholder value through its diverse product assortment and high-margin business model.
Bath & Body Works (NYSE: BBWI) has announced it will report its second quarter 2024 financial results on August 28, 2024, before the market opens. The company will host a conference call at 9:00 a.m. EDT, featuring CEO Gina Boswell, CFO Eva Boratto, and President of Retail Julie Rosen, who will provide a business update and discuss results. Supplemental materials will be posted 45 minutes prior to the call on the company's website. Investors can dial in or access an audio webcast, with a replay available. Bath & Body Works is a global leader in personal care and home fragrance, operating over 1,850 stores in the U.S. and Canada, with 480+ international franchised locations.
Bath & Body Works (NYSE: BBWI) has declared its regular quarterly dividend of $0.20 per share. The dividend will be payable on September 6, 2024, to shareholders of record at the close of business on August 23, 2024. Bath & Body Works is a global leader in personal care and home fragrance, known for its popular collections of fine fragrance mist, body lotion, 3-wick candles, and liquid hand soap. The company operates more than 1,850 locations in the U.S. and Canada, along with over 480 international franchised locations. Bath & Body Works also maintains an online storefront at bathandbodyworks.com, offering customers multiple shopping options.
Bath & Body Works (NYSE: BBWI) has announced a multi-year collaboration with Accenture (NYSE: ACN) to modernize and transform its digital and technology platforms. This initiative aims to elevate the brand, utilizing the latest in digital, MarTech, AI, and generative AI to drive growth. The collaboration will introduce innovative capabilities like a digital Fragrance Finder, powered by gen AI, to personalize customer experiences. Accenture’s research suggests that companies leveraging gen AI for customer initiatives can achieve 25% higher revenue growth over five years. The partnership focuses on enhancing customer experiences, operational efficiency, and brand engagement.
Bath & Body Works (BBWI) reported its first quarter 2024 results with net sales of $1.384 billion, slightly down 0.9% from $1.396 billion in the previous year. Despite this, diluted earnings per share (EPS) rose to $0.38 from $0.35, a 9% GAAP increase and 15% on an adjusted basis. Operating income was $187 million, up from $181 million, and net income increased to $87 million from $81 million. The company raised its full-year guidance midpoint for both sales and EPS, now expecting annual EPS between $3.05 and $3.35. However, net sales for fiscal 2024 are forecasted to range from a decline of 2.5% to flat. Second-quarter sales are expected to decline by up to 2%, with EPS projected between $0.31 and $0.36. The guidance includes $300 million for share repurchases for the full year and $75 million for the second quarter.
Bath & Body Works (NYSE: BBWI) announced that CFO Eva Boratto will participate in a fireside chat at the Evercore ISI Consumer & Retail Conference on June 11, 2024, at 11:00 a.m. EDT. A live audio webcast of the event will be accessible through the company's website and will remain archived for 90 days.
Bath & Body Works is a leading global retailer in personal care and home fragrance products, known for its fine fragrance mist, body lotion, 3-wick candles, and more. With a predominantly U.S.-based supply chain, the company operates 1,850 stores in the U.S. and Canada and more than 480 international franchise locations.
Bath & Body Works (NYSE: BBWI) will release its first-quarter 2024 financial results on June 4, 2024, before the market opens.
CEO Gina Boswell, CFO Eva Boratto, and President of Retail Julie Rosen will host a conference call at 9:00 a.m. EDT the same day to discuss the results.
Supplemental materials will be available on the company’s website 45 minutes before the call. The webcast will be archived for 90 days. Bath & Body Works operates 1,850 locations in the U.S. and Canada, with over 480 international franchises, and has a strong online presence.
Bath & Body Works (NYSE: BBWI) announced today, May 17, 2024, the declaration of its regular quarterly dividend of $0.20 per share. This dividend will be payable on June 21, 2024, to shareholders on record as of June 7, 2024.
Bath & Body Works is renowned for its fragrance products and operates 1,850 locations in the U.S. and Canada, alongside 480 international franchises. The company leverages a predominantly U.S.-based supply chain to offer quality, trend-savvy products at affordable prices. Their offerings include fine fragrance mists, body lotions, 3-wick candles, diffusers, and liquid hand soaps. Customers can shop in-store or online at bathandbodyworks.com.
FAQ
What is the current stock price of Bath & Body Works (BBWI)?
What is the market cap of Bath & Body Works (BBWI)?
