Company Overview - Bath & Body Works, Inc. is a leading specialty retailer in the North American personal care and home fragrance market, utilizing a multi-channel distribution strategy that includes retail stores, e-commerce, and international partnerships to enhance sales and brand recognition [5][8] - The company offers a variety of products, including home fragrance, body care, soaps, and sanitizers under the Bath & Body Works and White Barn brands [8] Financial Performance - For the trailing twelve months (TTM), Bath & Body Works reported revenue of $7.36 billion and a net income of $699 million, with a dividend yield of 3.6% [3] - The stock price as of November 12, 2025, was $22.40, reflecting a significant decline from a 52-week intraday high of $41.87 [3][9] - The company experienced a 1% year-over-year decline in net sales during the quarter, which contributed to a considerable drop in net income, attributed to lower discretionary spending and increased promotional activities [11] Recent Developments - Blueshift Asset Management, LLC disclosed a reduction in its holding of Bath & Body Works shares by 105,980 shares, valued at approximately $3.14 million, resulting in a remaining holding of 42,412 shares worth $1.09 million [2][11] - Following the sale, Bath & Body Works represented only 0.34% of Blueshift's total assets under management (AUM), indicating a diminished significance within the fund's portfolio [1][11] - The stock's performance has been notably poor, with a one-year total return of -27.15%, significantly underperforming the S&P 500 by 41.22 percentage points [7]