Deadline Approaching: Bath & Body Works, Inc. (BBWI) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith
Bath & Body WorksBath & Body Works(US:BBWI) Businesswire·2026-01-16 18:08

Core Viewpoint - Bath & Body Works, Inc. is facing a class action lawsuit due to significant declines in financial performance and misleading statements regarding its business strategy during the class period from June 4, 2024, to November 19, 2025 [1][7]. Financial Performance - On August 28, 2025, Bath & Body Works reported Q2 2025 earnings per diluted share of $0.30, a decline of 55.8% year over year, and net income of $64 million, down 57.9% year over year [3]. - The company cut its full-year guidance for earnings per diluted share by $0.03, adjusting it to a range of $3.28 to $3.53 [3]. - On November 20, 2025, the company reported Q3 2025 revenue declined by 1% year over year, missing guidance of 1-3% growth, and net income fell 26% to $77 million [5]. - The full-year guidance for net sales was slashed from a previously positive 1.5%-2.7% to a negative "high single digits," and expected earnings per diluted share were reduced to "at least $2.83" [5]. Stock Performance - Following the Q2 2025 results announcement, Bath & Body Works' stock price fell by $2.18, or 6.9%, closing at $29.36 per share on August 28, 2025 [4]. - After the Q3 2025 results, the stock price dropped by $5.22, or 24.8%, closing at $15.82 per share on November 20, 2025 [6]. Lawsuit Details - The class action lawsuit alleges that the company made materially false and misleading statements and failed to disclose adverse facts about its business and operations [7]. - Specific allegations include the failure of the company's strategy of "adjacencies, collaborations and promotions" to grow the customer base and the reliance on brand collaborations to mask weak financial results [7]. - The lawsuit claims that the company was unlikely to meet its previously issued financial guidance due to these issues [7]. Participation in the Lawsuit - Investors who purchased Bath & Body Works securities during the class period can file a lead plaintiff motion by March 16, 2026, if they meet certain legal requirements [8].

Deadline Approaching: Bath & Body Works, Inc. (BBWI) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith - Reportify