HAYWARD, CALIFORNIA - JUNE 12: Products are displayed at a Bath & Body Works store on June 12, 2024 ... [+] in Hayward, California. (Photo by Justin Sullivan/Getty Images)Getty ImagesBath & Body Works (NYSE: BBWI), the largest specialty home fragrance & body care product retailer in the U.S., formerly known as L Brands, is scheduled to report its fiscal second-quarter results on Wednesday, August 28. We expect BBWI stock to likely trade higher with revenues and earnings beating expectations in its second-qu ...

Core Viewpoint - The upcoming earnings report for Bath & Body Works (BBWI) is anticipated to show a decline in quarterly earnings and revenues compared to the previous year, with analysts adjusting their estimates downward over the past month [1][2]. Financial Performance - Expected quarterly earnings per share (EPS) are $0.36, reflecting a 10% decrease year over year [1]. - Forecasted revenues are $1.55 billion, indicating a 0.8% decline compared to the same period last year [1]. - The consensus EPS estimate has been revised down by 0.5% in the last 30 days [1]. Sales Metrics - Analysts project 'Geographic Net Sales - Stores - U.S. and Canada' to be $1.15 billion, a year-over-year increase of 0.9% [2]. - 'Geographic Net Sales - International' is expected to reach $71.77 million, showing a significant decline of 16.6% year over year [2]. - 'Geographic Net Sales - Direct - U.S. and Canada' is estimated at $321.47 million, reflecting a decrease of 2.3% year over year [2]. Store Operations - Total company-operated stores are projected to be 1,865, up from 1,823 in the same quarter last year [3]. - Total company-operated stores in Canada are expected to reach 111, compared to 109 a year ago [3]. - Total company-operated stores in the U.S. are estimated at 1,755, an increase from 1,714 in the previous year [3]. - Total partner-operated stores internationally are projected to be 466, up from 416 in the same quarter last year [3]. Additional Metrics - Total partner-operated stores internationally are expected to reach 497, compared to 444 a year ago [4]. - Total partner-operated stores in international travel retail are forecasted to be 31, an increase from 28 in the same quarter last year [4]. Stock Performance - Over the past month, Bath & Body Works shares have increased by 2.8%, outperforming the Zacks S&P 500 composite, which rose by 0.3% [4]. - BBWI currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [4].

COLUMBUS, Ohio, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that it plans to report its second quarter 2024 financial results before market open on Wednesday, August 28, 2024. In conjunction with this report, the company will host a conference call at 9:00 a.m. EDT during which Gina Boswell, chief executive officer, Eva Boratto, chief financial officer, and Julie Rosen, president, retail, will provide a business update and discuss the company's results. Supplementa ...

Core Viewpoint - The article discusses the potential investment opportunities in stocks like Nike, Capital One Financial, and Bath & Body Works, particularly in light of anticipated interest rate cuts by the Federal Reserve, which could stimulate consumer spending and positively impact these companies' stock prices. Group 1: Nike Inc. (NKE) - Nike's stock recently dropped over 20% following quarterly earnings that were perceived as weak due to concerns in the Chinese market and lower guidance for the year [3][4] - Currently trading at $75.43, which is 60% of its 52-week high of $123.39, analysts at Guggenheim suggest a price target of $97.19, indicating a potential upside of 52.5% [3][4] - Short interest in Nike has decreased by 7.7% in the past month, reflecting a shift in sentiment among investors [4] Group 2: Capital One Financial Co. (COF) - Capital One's stock is currently priced at $136.00, with a price target of $141.20, suggesting a potential increase of 21.3% [5][6] - The stock has seen a 7.1% decline in short interest over the past month, indicating growing bullish sentiment [6] - Vanguard Group, the largest shareholder, increased its stake by 0.7%, raising its total investment to $4.6 billion, signaling confidence in the stock [7] Group 3: Bath & Body Works Inc. (BBWI) - Bath & Body Works is currently trading at $36.99, with a price target of $48.53, which would require a 54.5% increase to reach [9][10] - The company is expected to benefit from potential interest rate cuts, which could boost consumer demand for home-related products [9] - Vanguard Group also increased its position in Bath & Body Works by 4.2%, bringing its net investment to $1.4 billion, reflecting confidence in the stock's future performance [10]

Bath & Body Works NYSE: BBWI is a brand name synonymous with fragrant lotions and flickering candles, experienced a sudden chill in the market as investors reacted to the company's recent second-quarter sales forecast. Despite Bath & Body Works’ earnings exceeding first-quarter estimates, the company’s stock tumbled over 8% in pre-market trading. Bath & Body Works’ financial report revealed a palpable unease about the retail sector player's ability to weather the changing tides of consumer discretionary spe ...

Core Viewpoint - Bath & Body Works (BBWI) reported strong Q1 2024 results, exceeding revenue and EPS expectations, yet shares fell nearly 10%, which appears irrational given the positive performance [4][5]. Company Performance - In Q1 2024, BBWI achieved net sales of $1.4 billion, surpassing analysts' expectations of $1.37 billion, and reported EPS of $0.38 against an expectation of $0.33 [4]. - The company experienced a revenue decrease of only 1% in Q1 2024, compared to a guidance of a decrease between 2% and 4.5% [4]. - Full-year 2024 EPS guidance was narrowed to between $3.05 and $3.35, indicating a slight upward adjustment from previous expectations [4]. Market Position - BBWI holds approximately 5% market share in the Beauty, Cosmetics & Fragrance Stores industry, positioning it as a significant player in the fragrance segment, especially in brick-and-mortar stores [4]. - Major competitors include Ulta Beauty with a 20% market share and Sephora with nearly 7% [4][2]. Customer Engagement - The company has a successful loyalty program with 37 million members, which encourages frequent purchases, similar to Ulta Beauty's 43 million members [3]. Valuation - With the current EPS guidance, BBWI is expected to trade at a forward P/E ratio between 14 and 15, which is considered reasonable within the industry context [5]. - Despite the recent drop in share price, the valuation remains attractive, suggesting a potential buying opportunity [5].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________ FORM 10-Q _________________________________ ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 4, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-8344 _________________________________ BATH & BODY WORKS, ...

Even with falling profits, Bath & Body Works stock looks like it might be a buy.Soaps and sundries stock Bath & Body Works (BBWI -12.61%) fell 13% through 12:30 p.m. ET Tuesday despite the company beating on both sales and earnings in its first-quarter 2024 earnings report this morning.Heading into earnings, analysts forecast Bath & Body Works would earn $0.33 per share on sales of just under $1.4 billion. In fact, the company earned $0.38 per share, and its sales hit $1.4 billion on the nose. Bath & Body W ...

The jury’s still out on the health of the US consumer as investors weigh winners and losers of retail earnings seasonOutlier earnings dates this week: Bath & Body Works (BBWI), Dollar Tree (DLTR), Hibbett Inc. (HIBB), Big Lots (BIG)This next big test of consumer strength will be Friday’s job reportIf there’s one takeaway from Q1 retail earnings that have been pouring in the last few weeks, it’s that the US consumer may not be as resilient as they were to inflationary pressures in 2023. Those offering valu ...

Pre-market trading is back in the red this morning. We have two economic prints out this morning — Job Openings and Labor Turnover Survey (JOLTS) and Factory Orders, both for April and due at 10am ET today — and key earnings reports, most of which are coming after today’s closing bell. Following a mixed market Monday, we’re looking at -114 points on the Dow, -0.29%, the Nasdaq -0.28%, the S&P 500 -0.35% and the small-cap Russell 2000 again the outlier somewhat: -0.78% at this hour.We had thought we may have ...