Seeking Clues to Bath & Body Works (BBWI) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of Bath & Body Works (BBWI) for the quarter ended January 2025, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Bath & Body Works (BBWI) Expected to Beat Earnings Estimates: Should You Buy?
Bath & Body Works (BBWI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Small-Cap Surge: 3 Stocks Ready to Ride the Market Rotation
When the stock market seems to be on a roll, trending ever so higher without much interruption, there comes a point when the excess returns begin to concentrate in a single area while leaving most other worthy names behind. Today, as the broader S&P 500 hovers near its all-time high prices, a different area of the stock market (and the economy) is beginning to catch up.
Here's Why Bath & Body Works (BBWI) Looks Ripe for Bottom Fishing
After losing some value lately, a hammer chart pattern has been formed for Bath & Body Works (BBWI), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Will Bath & Body Works (BBWI) Beat Estimates Again in Its Next Earnings Report?
Bath & Body Works (BBWI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Is the Options Market Predicting a Spike in Bath & Body Works (BBWI) Stock?
Investors need to pay close attention to Bath & Body Works (BBWI) stock based on the movements in the options market lately.
Billionaire Investor Jumps From One Iconic Brand to Another With Latest Move
According to Bloomberg, Lone Pine Capital made approximately $5 billion in investment gains for its investors in 2024. Founded by Stephen Mandel Jr. in 1996, the one-time Tiger Cub outsources the day-to-day operations but maintains a visible presence at the Greenwich-based hedge fund. In 2023, Mandel is said to have made $500 million personally, a nice rebound from Lone Pine’s losses in 2022, when the long/short fund lost 32%, while its long-only fund dropped 42%. It also has a fund for private investments. Given the gains in 2024, Mandel is likely to have recouped much of his losses from 2022’s terrible year in the markets. Bloomberg estimates the firm’s assets under management at $18.2 billion. According to its Q3 2024 13f holdings report, $13.41 billion was invested in 29 stocks, an average of $462 million per company. In the third quarter, the hedge fund closed out four stocks, added six positions, reduced its holdings in 12 stocks, and added nine new names. Lone Pine significantly reduced its exposure to one of the country’s leading providers of personal care and home fragrance products. Then, it turned around and poured the proceeds into another iconic brand. Here’s why. Key Points About This Article: Lone Pine Capital closed out its Bath & Body Works (NYSE:BBWI) holdings in Q3 2024 after nearly five years of owning the stock. Billionaire Stephen Mandel Jr.’s hedge fund poured the proceeds into Starbucks (NASDAQ:SBUX), a struggling but iconic American brand. The coffee chain’s turnaround is in the early stages, but CEO Brian Niccol is willing to look at all possible ideas to improve the business. Sit back and let dividends do the heavy lifting for a simple, steady path to serious wealth creation over time. Grab a free copy of “2 Legendary High-Yield Dividend Stocks” now. Holding for Four Years Is a Long Time for Most Hedge Funds Lone Pine sold 11.32 million shares of Bath and Body Works (NYSE:BBWI) in the third quarter, closing out its position after four-and-a-half years, an exceptionally long time for a hedge fund. When the hedge fund first acquired shares in the company in Q1 2020, it was still part of L Brands, Leslie Wexner’s retail conglomerate. Lone Pine acquired 26.27 million shares. In August 2021, L Brands spun out its Victoria’s Secret (NYSE:VSCO) into its own public company. As a result, L Brands was renamed Bath & Body Works. At the time of the spin-off, Lone Pine owned 24.30 million shares of BBWI and 8.61 million of VSCO. L Brands shareholders received one share of VSCO for every three shares held in the parent company. The hedge fund sold its entire position in Victoria’s Secret in Q2 2022. As of March 31, 2022, it had 22.22 million shares of BBWI. Therefore, Lone Pine sold 57% of its original position in Bath & Body Works (L Brands) over 17 quarters and the remaining 43% in the latest quarter. Why now? According to WhaleWisdom.com, Lone Pine’s average price for BBWI stock was $22.40. The hedge fund missed out on selling when BBWI’s share price hit $75 in late 2021. It likely sold the shares between $40 and $50 in the third quarter, figuring there were better opportunities elsewhere. The shares have rebounded since hitting a 52-week low of $26.21 last September. As the saying goes, “A bird in the hand is worth two in the bush.” It invested the approximate proceeds of $500 million in an even more iconic brand than Bath & Body Works, which L Brands founded in 1990 as Express Inc.’s beauty line. Starbucks Is on the Ropes The hedge fund acquired 4.05 million shares of Starbucks (NASDAQ:SBUX) in the third quarter at an estimated average price of $84.54. It instantly became Long Pine’s 18th-largest holding, accounting for 2.95% of its portfolio. While the hedge fund’s purchase of Starbucks, which cost approximately $320 million, wasn’t its most significant expenditure in Q3, it was the value/turnaround play of the nine new stocks bought during the quarter. As most investors know, former Chipotle Mexican Grill (NYSE:CMG) CEO Brian Niccol was hired by the company in August to turn around its struggling business. He’s been a very busy man ever since. On Oct. 31, Niccol revealed more of his turnaround strategy for the company. High on the list of things to change is the customization available on the mobile app. There are just too many options, and many of them are unnecessary. It makes life easier for the baristas and reduces the time spent making the drink. Anyone who regularly goes to Starbucks knows that the menu has become a telephone book of items to order. I get the same Americano with a splash of milk every time, though I might change that up once a month if I’m lucky. I have no idea who’s buying many of these products. So, Niccol is cutting the number of items offered. Too many choices have been proven to be a bad thing. Lastly, it wants to return to being a “third place” where customers go that’s neither work nor home. To do that, it has created a code of conduct for its stores that emphasizes the seating, wi-fi, and bathrooms for customers and employees. You probably won’t be kicked out for just minding your business, but if you linger without ordering, you could be asked to leave. That, to me, is Business 101. Give your most loyal customers a good experience, and they’ll be happy to keep spending. Starbucks stock hit an all-time high of $126.32 on July 1, 2021. Lone Pine is betting it can reach that sooner rather than later. I guess we’ll see. The post Billionaire Investor Jumps From One Iconic Brand to Another With Latest Move appeared first on 24/7 Wall St..
Bath & Body Works Undervalued: Goldman Sachs Sees Upside Amid Strong Candle Day Performance
Goldman Sachs analyst Kate McShane reiterated a Buy rating on the shares of Bath & Body Works Inc. BBWI with a price target of $52.00.
The 4 S's driving retail success in 2025: Expert
Telsey Advisory Group CEO and chief research officer Dana Telsey joins Madison Mills on Catalysts to share her outlook for the retail sector in 2025. Telsey maintains an optimistic stance, noting that the retail sector is "still a buy" for 2025.
Bath & Body Works Has Long-Term Earnings Potential
Bath & Body Works shows long-term potential through cost-saving measures, customer loyalty, and expansion into new product categories like haircare and men's care. Despite an around 15% YTD stock dip, BBWI trades at 12x January 2025 earnings, offering a 2.1% yield and long-term growth prospects. BBWI's strategic shift to off-mall locations and strong digital sales growth, coupled with high customer loyalty, bolster its retail performance.
Bath & Body Works CEO talks 'double benefit' of onshoring
Bath & Body Works (BBWI) is prepping for its big holiday shopping event this week, its annual Candle Day falling on Friday, December 7. But ahead of the new year and President-elect Donald Trump's return to the White House, how is the candle and fragrance retailer bracing for the incoming administration's proposed tariffs?
Bath and Body Works CEO on the holiday season push, health of the consumer
Gina Boswell, Bath and Body Works CEO, joins 'Squawk on the Street' to discuss how Boswell would characterize consumer behavior this holiday season, how to keep customers loyal, and the company's international exposure.
