Bath & Body Works (BBWI) Climbs 3% on Holiday Boost

Core Viewpoint - Bath & Body Works, Inc. (NYSE:BBWI) is experiencing a positive performance amid increased investor confidence in retail stocks, despite expectations of weaker fourth-quarter results due to tariffs [1][2]. Group 1: Stock Performance - Bath & Body Works saw a 3.23% increase in stock price, closing at $20.43, marking its third consecutive day of gains [1]. - The company is outperforming the specialty retail sector, which is experiencing a decline, and is also faring better than the broader market [1]. Group 2: Financial Expectations - For the fourth quarter, Bath & Body Works anticipates net sales to decline by high single digits compared to $2.79 billion in the same period last year, primarily due to the impact of higher tariffs on consumer spending [3]. - The expected earnings per share (EPS) for the fourth quarter is projected at $1.70, down from $2.09 in the same period last year [3]. - For the full year, the company is now targeting a low single-digit decline in net sales, a revision from a previous growth outlook of 1.5% to 2.7% [4]. - The full-year EPS is estimated to be $2.83, compared to $3.61 last year [4].