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Gear Up for Bath & Body Works (BBWI) Q2 Earnings: Wall Street Estimates for Key Metrics
Bath & Body WorksBath & Body Works(US:BBWI) ZACKSยท2024-08-23 14:21

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].