Bath & Body Works(US:BBWI) Globenewswire·2026-03-05 00:12Core Viewpoint - A class action lawsuit has been filed against Bath & Body Works, Inc. for failing to disclose critical information regarding its business strategy and financial performance during the class period from June 4, 2024, to November 19, 2025 [2][6]. Allegation Details - The lawsuit alleges that Bath & Body Works did not disclose that its strategy of pursuing "adjacencies, collaborations and promotions" was ineffective in growing its customer base and did not deliver the expected growth in net sales [6]. - It is claimed that as the strategy faltered, the company relied on brand collaborations to mask weak financial results [6]. - The complaint states that Bath & Body Works was unlikely to meet its previously issued financial guidance due to these undisclosed issues [6]. 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 [6]. - The company's net income fell by 26% to $77 million, and it reduced its full-year guidance for net sales and earnings per diluted share from $3.28 to "at least $2.83" [6]. - Following the announcement, the stock price dropped by $5.22, or 24.8%, closing at $15.82 per share [6]. Next Steps - Investors who purchased Bath & Body Works shares and suffered losses are encouraged to contact the law firm Bragar Eagel & Squire for more information regarding their rights and potential claims [4].