Investor Notice: Robbins LLP Informs Investors of the Bath & Body Works, Inc. Securities Class Action

Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who purchased Bath & Body Works, Inc. (NYSE: BBWI) securities between June 4, 2024, and November 19, 2025, alleging that the company misled investors regarding its business strategy [1]. Allegations - The complaint states that Bath & Body Works failed to disclose that its strategy of pursuing "adjacencies, collaborations, and promotions" was not effectively growing its customer base or achieving the projected growth in net sales [2]. - It is alleged that as the company's strategy faltered, it relied on brand collaborations to mask weak financial results and was unlikely to meet its previously issued financial guidance [2]. Financial Performance - On November 20, 2025, Bath & Body Works reported disappointing third-quarter results, with revenue declining by 1% year-over-year, missing the guidance of 1-3% growth, and a net income drop of 26% to $77 million [3]. - The company revised its full-year guidance for net sales and reduced expected earnings per diluted share from $3.28 to "at least $2.83" [3]. - In an investor presentation, Bath & Body Works acknowledged that its previous strategy had not expanded its total customer base and identified issues such as reduced focus on core categories and over-reliance on promotions [3]. Market Reaction - Following the announcement of disappointing results and the new business strategy, Bath & Body Works' stock price fell by $5.22, or 24.8%, closing at $15.82 per share on November 20, 2025 [4].