Bath & Body Works aims to revitalize its brand by streamlining its operations. Kevin Carter / Getty Images Close Key Takeaways Some stores aspire to be basic. Bath & Body Works is one of them. Bath & Body Works (BBWI) on Thursday said it's simplifying its approach after its sales dipped 1% year-over- year and adjusted income fell 33% in its latest quarter. The retailer known for soaps, candles and skincare products overlooked its core inventory while trying to woo younger consumers, CEO Daniel Heaf said, an ...

Bath & Body Works (BBWI) shares lost nearly 25% on Thursday after the home fragrance and personal care retailer reported disappointing financials for its third quarter. Investors bailed on BBWI also because management guided for a high-single-digit decline in Q4 revenue even though the brand is widely considered a holiday season staple. More News from Barchart Following the post-earnings plunge, Bath & Body Works stock is down over 60% versus its year-to-date high in late February. www.barchart.com Is ...