Bath & Body Works(US:BBWI) Globenewswire·2026-03-10 19:26Core Viewpoint - A class action lawsuit has been filed against Bath & Body Works, Inc. concerning allegations of securities fraud and unlawful business practices [2]. Financial Performance - On August 28, 2025, Bath & Body Works reported 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 [4]. - 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 [4]. - Following this announcement, the stock price fell by $2.18 per share, or 6.9%, closing at $29.36 [5]. - On November 20, 2025, the company reported a 1% year over year decline in revenue, missing its guidance of 1-3% growth [6]. - Net income for the third quarter also declined by 26% to $77 million, and the full year guidance for net sales was slashed from a positive 1.5%-2.7% to negative "high single digits" [6]. - Expected earnings per diluted share were cut from a range of $3.28 to $3.53 to "at least $2.83" [6]. - The stock price fell by $5.22 per share, or 24.8%, closing at $15.82 [6]. Legal Context - Investors who purchased Bath & Body Works securities during the Class Period have until March 16, 2026, to request to be appointed as Lead Plaintiff [2].