Why Bath & Body Works Stock Could See Further Upside In The Long Run?
[Note: BBWI fiscal year ends January]
Bath & Body Works: Still Struggling A Bit, But Still Undervalued
Bath & Body Works' recent quarterly results showed mixed performance but raised full-year guidance, boosting investor confidence and leading to a double-digit stock jump. Despite international sales struggles due to geopolitical issues, the company sees significant long-term growth opportunities in new and existing markets. The balance sheet has improved, with declining debt and manageable repayment timelines, reducing previous concerns about financial stability.
Bath & Body Works' Sales Forecast Too Modest? Goldman Sachs Cites Momentum And Consumer Trends
Goldman Sachs analyst Kate McShane reiterated the Buy rating on Bath & Body Works, Inc. BBWI, with a price forecast of $52.
Bath & Body Works Analysts Boost Their Forecasts After Strong Earnings
Bath & Body Works, Inc. BBWI reported better-than-expected third-quarter results and raised its 2024 outlook on Monday.
Bath & Body Works Stock Jumps 17%: Is More Growth Ahead?
As the United States gross domestic product (GDP) figures for the quarter recently suggested that the American consumer was mostly responsible for carrying economic growth, investors might wonder whether it is still worth it to look into buying some retail stocks in the cyclical space, or whether the wave is toward its last inning and might roll over soon.
Bath & Body Works (BBWI) Reports Q3 Earnings: What Key Metrics Have to Say (Revised)
Although the revenue and EPS for Bath & Body Works (BBWI) give a sense of how its business performed in the quarter ended October 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Stock Market Today: Stocks Enjoy a Bessent Boost
The main equity indexes closed higher as investors welcomed Donald Trump's Treasury secretary nominee.
Bath & Body Works: A Value Retailer With Upside
Bath & Body Works, Inc. reported Q3 revenue of $1.61 billion, with positive comparable sales and a favorable valuation at 9X FWD P/E and 7X EV/EBITDA. Despite international sales dropping 11.1% due to Middle East conflicts, U.S. and Canadian sales increased, with inventory levels well-positioned for the holiday season. Margins remained stable, with gross profit at 43.5% and SG&A costs at 30% of revenues; net income was $106 million, beating EPS estimates.
Bath & Body Works, Inc. (BBWI) Q3 2024 Earnings Call Transcript
Bath & Body Works, Inc. (NYSE:BBWI ) Q3 2024 Earnings Conference Call November 25, 2024 9:00 AM ET Company Participants Luke Long - Vice President, Investor Relations Gina Boswell - Chief Executive Officer Eva Boratto - Chief Financial Officer Conference Call Participants Lorraine Hutchinson - Bank of America Mark Altschwager - Baird Matthew Boss - JPMorgan Alex Straton - Morgan Stanley Paul Lejuez - Citi Simeon Siegel - BMO Capital Markets Kate McShane - Goldman Sachs Jonna Kim - TD Cowen Ike Boruchow - Wells Fargo Olivia Tong - Raymond James Krisztina Katai - Deutsche Bank Dana Telsey - Telsey Advisory Group Marni Shapiro - The Retail Tracker Korinne Wolfmeyer - Piper Sandler Operator Good morning. My name is Melissa, and I will be your conference call operator today.
Bath & Body Works Q3 Earnings Beat Estimates, Gross Margin Falls Y/Y
BBWI's Q3 revenues rise year over year, driven by innovation across core products, adjacencies and collaborations, appealing to both new and existing customers.
Rally Continues to Start Thanksgiving Week
Market participants look to be picking up where they left off last week.
Bath & Body Works Stock Pops After Beat-And-Raise Quarter
Bath & Body Works stock is higher Monday after the retailer reported better-than-expected results and raised its full-year forecast. Here's what you need to know.
