Bath & Body Works: Positive After Q1 EPS Beat

Brett_Hondow Investment Thesis After great results in Q1 2024, where the company exceeded the guidance that management provided during Q4 2023, Bath & Body shares are falling almost 10%, which seems somewhat irrational to me given the beat in both revenue and EPS. While a 0.9% decrease in revenue is not positive in itself, considering that the guidance was a decrease between 2 and 4% this quarter, you can understand why I'm positive about the company. I think the guidance for FY2024 was conservative giv ...