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Rally Continues to Start Thanksgiving Week
ZACKS· 2024-11-25 16:20
Monday, November 25, 2024The stock market rally continues this morning, with the Dow up another +380 points at this hour. The S&P 500 is +40 and the Nasdaq +160 points, following a strong up-week which concluded with an energetic Friday session. Market participants look to be picking up where they left off last week.Considering we have a truncated trading week with the observance of Thanksgiving on Thursday and a half-day of trading on “Black Friday,” there are quite a few data reports expected this week. N ...
Bath & Body Works Posts Strong Results, Outlook on High Demand, Customer Loyalty
Investopedia· 2024-11-25 15:40
Key TakeawaysBath & Body Works exceeds quarterly estimates on positive growth in store traffic and its loyalty program.The retailer also raised its full-year guidance on optimism about the key holiday season ahead.The company benefited from having a predominately U.S.-based supply chain. Bath & Body Works (BBWI) shares skyrocketed when the personal care items retailer posted better-than-expected results and boosted its outlook on strong store traffic, customer loyalty and optimism about the upcoming holiday ...
Bath & Body Works (BBWI) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-25 15:35
Bath & Body Works (BBWI) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.46 per share. This compares to earnings of $0.48 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.52%. A quarter ago, it was expected that this owner of Victoria's Secret, Bath & Body Works and other chain stores would post earnings of $0.35 per share when it actually produced earnings of $0.37, delivering ...
Retail Stock Eyes Best Day Ever After Beat-and-Raise
Schaeffers Investment Research· 2024-11-25 15:31
Bath & Body Works Inc (NYSE:BBWI) stock is up 17.7% to trade at $36.14 at last glance -- their highest level since July -- after the retailer announced better-than-expected earnings and revenue for the third quarter. The company also raised its full-year forecast amid strong demand for its candles and fragrances during the holiday season.Shares are on track for their biggest single-day percentage gain on record, their third daily win in the past four sessions, and first close above the 40-day moving averag ...
Bath & Body Works (BBWI) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2024-11-25 15:31
Bath & Body Works (BBWI) reported $1.61 billion in revenue for the quarter ended October 2024, representing a year-over-year increase of 3.1%. EPS of $0.49 for the same period compares to $0.48 a year ago.The reported revenue represents a surprise of +1.99% over the Zacks Consensus Estimate of $1.58 billion. With the consensus EPS estimate being $0.46, the EPS surprise was +6.52%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...
Bath & Body Works(BBWI) - 2024 Q3 - Earnings Call Presentation
2024-11-25 14:19
Q3 earnings + 2024 Guidance Bath&BodyWorks® November 25, 2024 1 BATH & BODY WORKS 2024 Q3 EARNINGS CALL PARTICIPANTS GINA BOSWELL Chief Executive Officer & Director EVA BORATTO Chief Financial Officer LUKE LONG VP Strategy & Investor Relations 2 2 Forward-Looking Statements Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 We caution that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this presentat ...
Bath & Body Works(BBWI) - 2025 Q3 - Quarterly Results
2024-11-25 12:31
Exhibit 99.1 Bath & Body Works Reports Third Quarter 2024 Results Net Sales of $1.6 Billion, Increased 3%; Earnings Per Diluted Share of $0.49, Both Exceeding Guidance Updates Fiscal Year 2024 Guidance COLUMBUS, Ohio – November 25, 2024 - Bath & Body Works, Inc. (NYSE: BBWI) today reported third quarter 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, "Our strong results exceeded the high end of our net sales and earnings per diluted share guidance. As a result, we are raising our full-year ...
Bath & Body Works Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-11-25 11:55
Net Sales of $1.6 Billion, Increased 3%; Earnings Per Diluted Share of $0.49, Both Exceeding Guidance Updates Fiscal Year 2024 Guidance COLUMBUS, Ohio, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported third quarter 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, “Our strong results exceeded the high end of our net sales and earnings per diluted share guidance. As a result, we are raising our full-year guidance to fully reflect this outperformance.” Boswe ...
Bath & Body Works Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-11-22 06:15
Bath & Body Works, Inc. BBWI will release earnings results for the third quarter, before the opening bell on Monday, Nov. 25.Analysts expect Bath & Body Works to report quarterly earnings at 47 cents per share. That's down from 48 cents per share a year ago. The Columbus, Ohio-based company projects to report quarterly revenue of $1.58 billion, compared to $1.56 billion a year earlier, according to data from Benzinga Pro.On Nov. 8, Bath & Body Works announced the declaration of its regular quarterly dividen ...
Bath & Body Works (BBWI) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
ZACKS· 2024-11-20 15:16
Analysts on Wall Street project that Bath & Body Works (BBWI) will announce quarterly earnings of $0.46 per share in its forthcoming report, representing a decline of 4.2% year over year. Revenues are projected to reach $1.58 billion, increasing 1.1% from the same quarter last year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveal ...