Bath & Body Works(US:BBWI)2026-03-12 20:21Employment and Workforce - As of January 31, 2026, Bath & Body Works employed over 60,700 associates, with 94% working in stores[38] - Approximately 94% of associates are part-time, with 51,664 part-time associates compared to 9,071 full-time associates[38] - The company awarded over $527,000 in grants to approximately 300 associates through the Associates for Associates Emergency Fund in 2025[43] - Bath & Body Works distributed $185,000 for Dream Bright scholarships in 2025, supporting associates and their dependents[43] - The company offers competitive benefits, including a company-matched 401(k) retirement plan and flexible health benefits, to enhance associate well-being[41] - Bath & Body Works emphasizes a pay-for-performance philosophy, linking compensation to overall company performance and individual contributions[40] - The company is committed to providing a safe working environment, with health and safety programs designed to meet or exceed regulatory requirements[44] Financial Management - The company maintains a fixed interest rate on all debt as of January 31, 2026, with a principal value of $3,916 million and an estimated fair value of $3,964 million[263] - Bath & Body Works' investment portfolio primarily consists of U.S. government obligations, U.S. Treasury, and AAA-rated money market funds, minimizing risk associated with interest rate changes[260] - The company utilizes foreign currency forward contracts to manage exchange rate risks, particularly for Canadian dollar-denominated earnings[258]