Exhibit 99.1 Bath & Body Works Reports 2024 Fourth Quarter and Full-Year Results and Provides 2025 Guidance COLUMBUS, Ohio – February 27, 2025 – Bath & Body Works, Inc. (NYSE: BBWI), a global leader in personal care and home fragrance, today reported fourth quarter and full-year fiscal 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, "Our team delivered strong performance that exceeded expectations on both the top and bottom line in the critical fourth quarter. This success was driven by our ...

Core Insights - Bath & Body Works, Inc. reported strong performance in the fourth quarter of fiscal 2024, exceeding expectations on both revenue and earnings, driven by product innovation and enhanced customer experience [2][11] - The company experienced a decrease in net sales and earnings per diluted share compared to the previous year, attributed to a shift in the fiscal calendar [3][4][6] Fourth Quarter 2024 Results - Net sales for the fourth quarter were $2,788 million, a decrease of 4.3% from $2,912 million in the previous year [3][44] - Earnings per diluted share were $2.09, down from $2.55 in the prior year [4][32] - Operating income was reported at $678 million, compared to $696 million last year [4][22] - Net income decreased to $453 million from $579 million in the previous year [4][22] Full-Year 2024 Results - Full-year net sales decreased by 1.6% to $7,307 million from $7,429 million [6][44] - Earnings per diluted share for the year were $3.61, down from $3.84 in 2023 [7][32] - Full-year operating income was $1,266 million, compared to $1,285 million last year [7][22] - The company repurchased 10.4 million shares for $400 million and reduced long-term debt by $514 million [7] Guidance for 2025 - The company forecasts net sales growth of 1% to 3% for fiscal 2025, with expected earnings per diluted share between $3.25 and $3.60 [13][14] - Anticipated free cash flow for fiscal 2025 is projected to be between $750 million and $850 million [13][34] Share Repurchase Program - The Board of Directors authorized a new share repurchase program of up to $500 million, replacing the previous program [11][15] Store Performance - The total number of company-operated stores increased to 1,895, with 106 new openings and 61 closures [46] - International partner-operated stores also saw an increase, totaling 529 [47]

Fourth quarter 2024 net sales of $2.8 billion and earnings per diluted share of $2.09, both exceeding guidanceFourth quarter net sales performance driven by strong traffic and conversion, building on Q3 momentumCompany provides 2025 annual guidance of 1% to 3% net sales growth and earnings per diluted share of $3.25 to $3.60Board of Directors authorizes new $500M share repurchase program COLUMBUS, Ohio, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE:BBWI), a global leader in personal care a ...

Financial Results - Bath & Body Works, Inc. is set to release its fourth-quarter financial results on February 27, with expected earnings of $2.04 per share, a decrease from $2.06 per share in the same period last year [1] - The company projects quarterly revenue of $2.78 billion, down from $2.91 billion a year earlier [1] Dividend Announcement - On February 7, Bath & Body Works declared a regular quarterly dividend of 20 cents per share, payable on March 7 to shareholders of record as of February 21 [2] - The company's shares increased by 1.1%, closing at $41.08 on Wednesday [2] Analyst Ratings - Raymond James analyst Olivia Tong maintained an Outperform rating and raised the price target from $42 to $46 [4] - Barclays analyst Adrienne Yih upgraded the stock from Underweight to Equal-Weight, increasing the price target from $34 to $43 [4] - JP Morgan analyst Matthew Boss upgraded the stock from Neutral to Overweight, raising the price target from $41 to $47 [4] - Wells Fargo analyst Ike Boruchow upgraded the stock from Equal-Weight to Overweight, increasing the price target from $42 to $48 [4] - TD Cowen analyst Jonna Kim maintained a Buy rating and raised the price target from $42 to $48 [4]

Core Viewpoint - Bath & Body Works, Inc. (BBWI) is expected to report a decline in both revenue and earnings for the fourth quarter of fiscal 2024, primarily due to a challenging fiscal comparison and increased expenses [1][3][4]. Financial Performance Expectations - The Zacks Consensus Estimate for BBWI's revenues is $2.77 billion, reflecting a 4.8% decrease from the previous year [1]. - The consensus estimate for earnings per share (EPS) is $2.04, down from $2.06 reported in the same period last year [1]. - Earnings per share are projected to be between $1.94 and $2.07, indicating potential challenges in meeting prior year figures [3]. Factors Impacting Performance - The company is facing a difficult fiscal comparison due to the loss of the 53rd week and five fewer shopping days between Thanksgiving and Christmas compared to the prior year, which is expected to negatively impact net sales [3]. - Rising selling, general and administrative (SG&A) expenses are a concern, with a 4.6% increase in the third quarter to $482 million and a projected 40 basis point rise in SG&A as a percentage of net sales for the fourth quarter [4]. Growth Areas - Despite the challenges, BBWI has seen growth in its core product categories, including Body Care, Home Fragrance, and Soaps & Sanitizers, each showing low-single-digit year-over-year growth in the third quarter [5]. - New seasonal fragrances and giftable items are anticipated to have further boosted sales, particularly among younger consumers [5]. Cost Management Initiatives - The company has implemented a "fuel-for-growth" program, expected to generate $150 million in cost savings for fiscal 2024, exceeding initial estimates [6]. - In the third quarter, BBWI achieved $35 million in cost benefits, contributing to a total of $300 million in savings over the past two years [6]. Earnings Prediction Model - The Zacks model indicates a potential earnings beat for BBWI, supported by a positive Earnings ESP of +1.72% and a Zacks Rank of 2 (Buy) [7].

Bath & Body Works (BBWI) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 27, 2025, might help the stock move higher if these key numbers are better ...

Core Insights - Bath & Body Works, Inc. plans to report its fourth quarter and fiscal 2024 financial results on February 27, 2025, before market open [1] - A conference call will be held at 8:30 a.m. EST to discuss the results and provide a business update [1] - Supplemental materials will be available on the company's website prior to the conference call [1] Company Overview - Bath & Body Works is a global leader in personal care and home fragrance, known for its popular products such as fine fragrance mist, body lotion, and 3-wick candles [4] - The company operates over 1,880 locations in the U.S. and Canada, along with more than 500 international franchised locations and an online storefront [4] - The company's supply chain is predominantly U.S.-based, allowing it to deliver quality products at affordable prices [4]

Core Viewpoint - Bath & Body Works (BBWI) has experienced a recent downtrend, losing 8.6% over the past week, but a hammer chart pattern suggests a potential trend reversal as buying interest may be emerging to counteract selling pressure [1][2]. Technical Analysis - The hammer chart pattern indicates a possible bottoming out, suggesting that selling pressure may be subsiding, which is a bullish signal for the stock [2][4]. - A hammer pattern forms when there is a small candle body with a long lower wick, indicating that despite a downtrend, buyers are starting to emerge [3][4]. - The occurrence of a hammer pattern at the bottom of a downtrend signals that bears may be losing control, indicating a potential trend reversal [4]. Fundamental Analysis - There has been a positive trend in earnings estimate revisions for BBWI, which is a bullish indicator as it typically leads to price appreciation [6]. - Over the last 30 days, the consensus EPS estimate for the current year has increased by 1.1%, indicating that analysts expect better earnings than previously predicted [7]. - BBWI currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which historically outperforms the market [8].

Core Insights - Bath & Body Works (BBWI) is well-positioned to continue its earnings-beat streak, having a history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 6.12% [1][3] Earnings Performance - For the last reported quarter, Bath & Body Works achieved earnings of $0.49 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, resulting in a surprise of 6.52% [2] - In the previous quarter, the company was expected to earn $0.35 per share but reported $0.37 per share, delivering a surprise of 5.71% [2] Earnings Estimates - Recent estimates for Bath & Body Works have been trending upward, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong potential for an earnings beat [3][6] - The current Earnings ESP for the company is +1.72%, reflecting increased analyst optimism regarding its near-term earnings potential [6] Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4] - Bath & Body Works holds a Zacks Rank of 2 (Buy), suggesting a high likelihood of another earnings beat in the upcoming report [6] Upcoming Earnings Report - The next earnings report for Bath & Body Works is anticipated to be released on February 27, 2025 [6]

Group 1 - The stock of Bath & Body Works, Inc. (BBWI) is experiencing significant attention due to high implied volatility in the options market, particularly the Feb. 21, 2025 $20 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in the stock's price, potentially due to an upcoming event [2] - Analysts have a positive outlook on Bath & Body Works, with the company holding a Zacks Rank 2 (Buy) in the Retail – Miscellaneous industry, which is in the top 10% of the Zacks Industry Rank [3] Group 2 - Over the past 60 days, three analysts have raised their earnings estimates for Bath & Body Works for the current quarter, resulting in an increase in the Zacks Consensus Estimate from $2.03 to $2.04 per share [3] - The high implied volatility may indicate a trading opportunity, as options traders often seek to sell premium on options with elevated implied volatility, aiming to benefit from time decay [4]