Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Bath & Body Works, Inc. (BBWI)

Core Viewpoint - A securities class action lawsuit has been filed against Bath & Body Works, alleging that the company made materially false and misleading statements regarding its business strategy and financial performance [1][2]. Group 1: Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of Ohio on behalf of all individuals or entities who purchased Bath & Body Works securities between June 4, 2024, and November 19, 2025 [1]. - The complaint claims that the company's strategy of pursuing "adjacencies, collaborations and promotions" did not effectively grow the customer base or deliver the expected growth in net sales [2]. - It is alleged that as the company's strategy faltered, it relied on brand collaborations to mask weak underlying financial results [2]. Group 2: Financial Guidance and Misleading Statements - The lawsuit asserts that the company was unlikely to meet its previously issued financial guidance due to the shortcomings in its strategy [2]. - Defendants' positive statements regarding the company's business operations and prospects are claimed to be materially misleading and lacking a reasonable basis [2]. Group 3: Investor Information - Investors who acquired shares of Bath & Body Works are encouraged to contact the law firm before the lead plaintiff motion deadline on March 16, 2026 [3].