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. reports developments as a specialty personal care and home fragrance retailer with products spanning fine fragrance mist, body lotion and cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Company updates commonly cover quarterly results and guidance, regular dividends, product launches, seasonal fragrance collections and collaborations across body care, home fragrance, décor and accessories.
Recurring news also addresses the Consumer First Formula strategy, including brand modernization, product innovation, marketplace expansion and the authorized Bath & Body Works storefront in Amazon’s U.S. stores. The company operates retail locations in the U.S. and Canada, uses an online storefront and supports international franchised locations.
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.
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