In response to questions about 2026 guidance, Wallace said category growth appears to have stabilized, but at lower levels than historical assumptions. He cited a range of roughly 1.5% to 2.5% category growth, alongside “significant uncertainty all around the world,” including the risk of higher promotional intensity if demand stays weak.Wallace said Colgate exited the year with organic sales growth in all four categories in the fourth quarter, and showed sequential improvement versus the third quarter in e ...

Core Insights - Graphene Investments has completely liquidated its position in Bath & Body Works, selling 114,700 shares for an estimated $2.95 million, indicating a significant loss of confidence in the company's turnaround prospects [2][3][9] Company Overview - Bath & Body Works reported a total revenue of $7.35 billion and a net income of $699 million for the trailing twelve months (TTM) [5] - The company has a dividend yield of 3.74% and its share price was $21.45 as of January 26, 2026 [5] Transaction Details - The sale of 114,700 shares resulted in a decrease in the position's end-of-quarter value by $2.95 million, reflecting both the sale and price changes [3][7] - This transaction accounted for 1.85% of Graphene Investments' 13F reportable assets under management (AUM) [7] - Post-sale, Graphene Investments holds zero shares of Bath & Body Works, which previously represented 1.9% of its AUM [7][8] Market Performance - As of January 26, 2026, Bath & Body Works shares have decreased by 39.5% over the past year, underperforming the S&P 500 by 54.05 percentage points [8] Implications for Investors - The complete exit from Bath & Body Works by Graphene Investments suggests a fundamental change in the investment thesis rather than routine portfolio rebalancing, especially following a 25% drop in stock price after disappointing third-quarter results [9] Company Profile - Bath & Body Works offers a range of products including home fragrance, body care, soaps, and sanitizers, primarily through direct-to-consumer sales in North America, with additional revenue from international franchises and wholesale arrangements [10] - The company targets a broad consumer base in the United States and Canada seeking personal care and home fragrance products [10]

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]

Core Insights - Barington Companies Management, LLC initiated a new position in Bath & Body Works, acquiring 125,000 shares valued at $3.22 million, representing 2.42% of its total reportable assets of $133.17 million as of September 30, 2025 [2][3] Company Overview - Bath & Body Works, Inc. operates 1,755 company-owned retail stores and has a significant online presence, focusing on strong brand recognition and a robust product pipeline to maintain customer loyalty [5] - The company generates revenue primarily from direct retail sales in the U.S. and Canada, supplemented by international licensing and wholesale arrangements [8] - As of November 12, 2025, Bath & Body Works reported a revenue of $7.37 billion and a net income of $699 million, with a dividend yield of 3.57% [3] Investment Position - Barington's investment in Bath & Body Works is relatively small at 2.42% of its assets under management, which is notable given the fund's concentrated portfolio of only 12 stocks [9][10] - The stock has experienced a one-year total return of -27.15%, significantly underperforming the S&P 500 by 41.22 percentage points [7] - The P/E ratio of Bath & Body Works was 7 at the time of the filing, which may have attracted Barington to this investment [11] Market Performance - As of November 12, 2025, Bath & Body Works shares were priced at $22.40, with a market cap of $4 billion [12] - The stock has been on a downward trajectory since February, and it may take time for Barington to see positive returns on this investment [10][13]

Core Viewpoint - The company aims to market fewer products to position itself for long-term growth [1] Group 1 - The seller specializes in candles, scents, and soaps [1] - The strategic shift is focused on long-term growth rather than short-term sales [1]

Core Insights - Bath & Body Works Inc. experienced a significant stock decline of nearly 25% after reporting disappointing third-quarter earnings and reducing its full-year outlook due to macro consumer pressures [1][3] - The company reported a net income of $77 million, or 37 cents per share, down from $106 million, or 49 cents per share, in the previous year, with adjusted earnings of 35 cents per share compared to the expected 39 cents [3][9] - The company has announced a turnaround plan aiming for $250 million in cost savings by 2027, focusing on core products and attracting younger consumers [2][5] Financial Performance - Third-quarter net income was $77 million, a decrease from $106 million year-over-year, with earnings per share of 37 cents compared to 49 cents last year [3] - Revenue for the quarter was reported at $1.59 billion, falling short of the expected $1.63 billion [9] - The company anticipates fourth-quarter revenue to decline in the high single digits, contrasting with Wall Street's expectation of a 1.5% increase [4] Strategic Initiatives - The "Consumer First Formula" strategy includes four priorities: creating innovative products, reigniting the brand, winning in the marketplace, and operating efficiently [5] - The company plans to exit certain product categories, such as haircare and men's grooming, to refocus on core offerings like body care and fragrances [6] - Bath & Body Works aims to enhance its digital presence by revamping its app and website, and lowering the free shipping threshold in early 2026 [8] Market Positioning - CEO Daniel Heaf emphasized the need to adapt to evolving consumer preferences for efficacy, ingredient-led products, and modern packaging [7] - The company is recruiting influencers to generate social buzz and attract new consumers [7]

Core Insights - Bath & Body Works reported weaker-than-expected Q3 results, with a decline in sales and earnings, leading to a cut in full-year guidance [1][2] - CEO Daniel Heaf acknowledged that the company has made mistakes, including failing to attract younger consumers and becoming overly reliant on discounting, which has harmed brand value [2] - The company plans to simplify its product offerings by eliminating hair care and men's grooming products, focusing instead on core areas like body care and home fragrances to attract a younger audience [3][4] Strategic Initiatives - The company aims to "reignite its brand" and transform into a faster and more efficient organization by breaking down silos and speeding up decision-making processes [4] - Bath & Body Works is launching on Amazon to reach new customers, estimating that $60 million to $80 million of its products are sold via the grey market on the platform, presenting a significant sales opportunity [5] - The stock price of Bath & Body Works has decreased by 25% today and 58% this year, indicating market concerns about its performance [5]

Core Insights - Kimberly-Clark Corporation (NASDAQ:KMB) has recently been highlighted by Jim Cramer, focusing on its earnings and acquisition plans, particularly the Kenvue acquisition [1] - The company reported earnings of $1.82 per share, surpassing the expected $1.76, which initially led to a 3% increase in stock price before it declined due to acquisition concerns [1] Company Overview - Kimberly-Clark Corporation specializes in personal care and household products, including diapers, wipes, feminine and adult care products, tissues, paper towels, and soaps [2]

Group 1 - Kimberly-Clark Corporation is acquiring Kenvue, the maker of well-known brands such as Tylenol, Band-Aids, and Neutrogena, which has impacted its stock performance negatively [1] - The company has transitioned from a domestic entity to a global powerhouse, experiencing significant growth in its market presence [1] - Kimberly-Clark's product offerings include personal care and household items like diapers, wipes, feminine and adult care products, tissues, paper towels, and soaps [2] Group 2 - There is a belief that certain AI stocks may present greater upside potential and lower downside risk compared to Kimberly-Clark as an investment option [3]

Company Overview - Bath & Body Works (BBWI) is a leading global retailer specializing in personal care and home fragrance products, operating under the Bath & Body Works and White Barn brand names [11] - The company offers a wide range of products, including soaps, lotions, fragrances, candles, and other personal care items, sold through a robust omnichannel platform that includes physical stores and a growing online presence [11] Investment Ratings - BBWI currently holds a 3 (Hold) rating on the Zacks Rank, indicating a neutral outlook [12] - The company has a VGM Score of A, reflecting strong overall performance across value, growth, and momentum metrics [12] - BBWI also boasts a Value Style Score of A, supported by attractive valuation metrics such as a forward P/E ratio of 7.66, which may appeal to value investors [12] Earnings Estimates - For fiscal 2026, one analyst has revised their earnings estimate upwards in the last 60 days, with the Zacks Consensus Estimate increasing by $0.00 to $3.45 per share [12] - The company has an average earnings surprise of +3.3%, indicating a history of exceeding earnings expectations [12] Investment Consideration - With a solid Zacks Rank and top-tier Value and VGM Style Scores, BBWI is recommended to be on investors' short list for potential investment opportunities [13]