Core Viewpoint - Analysts project that Bath & Body Works (BBWI) will report quarterly earnings of $0.37 per share, with revenues expected to reach $1.55 billion, reflecting a 1.8% increase year over year [1]. Earnings Projections - Over the last 30 days, the consensus EPS estimate has been revised upward by 0.8%, indicating a collective reassessment by covering analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Metrics Forecast - Analysts predict 'Geographic Net Sales- Stores - U.S. and Canada' will reach $1.17 billion, a 2.8% increase from the prior-year quarter [5]. - The estimate for 'Geographic Net Sales- International' is projected at $84.84 million, suggesting a 4.7% decrease year over year [5]. - 'Geographic Net Sales- Direct - U.S. and Canada' is expected to be $295.55 million, indicating a 0.5% decline from the previous year [6]. Store Data and Size - The estimated total number of 'Company-operated U.S. Stores' is 1,797, compared to 1,761 in the same quarter last year [8]. - Analysts expect 'Total Company-Operated Stores - Total Bath & Body Works - Canada - Stores' to be 113, up from 111 year over year [7]. - The total selling square feet for 'Company-operated U.S. Store Data' is projected to reach 5.12 million, an increase from 4.99 million year over year [7]. Market Performance - Over the past month, Bath & Body Works shares have recorded a return of -1.5%, while the Zacks S&P 500 composite has increased by 2.7% [8]. - Based on its Zacks Rank 3 (Hold), BBWI is expected to perform in line with the overall market in the upcoming period [8].
Insights Into Bath & Body Works (BBWI) Q2: Wall Street Projections for Key Metrics