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 ...

Bath & Body Works, Inc. (NYSE:BBWI) Q1 2024 Earnings Conference Call June 4, 2024 9:00 AM ET Company Participants Mike McGuire - Interim Head of Investor Relations Gina Boswell - Chief Executive Officer Julie Rosen - President, Retail Eva Boratto - Chief Financial Officer Conference Call Participants Simeon Siegel - BMO Capital Markets Alex Straton - Morgan Stanley Amanda Douglas - JPMorgan Lorraine Hutchinson - Bank of America Kate McShane - Goldman Sachs Ike Boruchow - Wells Fargo Olivia Tong - Raymond Ja ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Bath & Body Works Inc (NYSE:BBWI) posted better-than-expected first-quarter earnings results before the open this morning. However, the retailer's disappointing current-quarter and full-year guidance are sending the shares tumbling. At last glance, BBWI was down 11.4% to trade at $45.88, headed for its worst day since January 2021. Falling from last session's two-year high of $52.98, BBWI is now trading at its lowest levels in a month. The 120-day moving average, which the stock hasn't breached on a closing ...

Bath & Body Works (BBWI) reported $1.38 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 0.9%. EPS of $0.38 for the same period compares to $0.33 a year ago.The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $1.37 billion. With the consensus EPS estimate being $0.33, the EPS surprise was +15.15%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Key TakeawaysBath & Body Works shares tumbled ahead of markets opening Tuesday despite a first-quarter earnings report that came in above expectations.Sales fell from last year, while profits rose slightly and came in above analyst estimates.The company also narrowed its full-year outlook, and issued second-quarter guidance. Shares of retailer Bath & Body Works (BBWI) slid in premarket trading Tuesday despite a first-quarter earnings report that surpassed analyst expectations and the company's own guidance. ...

Q1 2024 Results & 2024 Guidance June 4, 2024 Forward-Looking Statements Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Wecautionthatanyforward-lookingstatements(assuchtermisdefinedinthePrivateSecuritiesLitigationReformActof1995)containedinthispresentationormadebyourcompanyorourmanagementinvolverisksanduncertaintiesandaresubjecttochangebasedon variousfactors,manyofwhicharebeyondourcontrol.Accordingly,ourfutureperformanceandfinancialresultsmaydiffermateriallyfromthoseexpresse ...

Exhibit 99.1 Bath & Body Works Reports First Quarter 2024 Results Net Sales of $1.4 Billion Exceeded Guidance Diluted Earnings Per Share of $0.38 Exceeded Guidance, up 9% on a GAAP Basis and 15% on an Adjusted Basis Compared to Prior Year COLUMBUS, Ohio – June 4, 2024 - Bath & Body Works, Inc. (NYSE: BBWI) today reported first quarter 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, "We delivered a better-than-expected start to the year with net sales and earnings per share above the high-en ...

Net Sales of $1.4 Billion Exceeded GuidanceDiluted Earnings Per Share of $0.38 Exceeded Guidance,up 9% on a GAAP Basis and 15% on an Adjusted Basis Compared to Prior Year COLUMBUS, Ohio, June 04, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported first quarter 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, “We delivered a better-than-expected start to the year with net sales and earnings per share above the high-end of our guidance range. We are particularly excit ...