Bath & Body Works, Inc. (BBWI) Presents at Morgan Stanley Global Consumer & Retail Conference 2025 Transcript
Shares of Bath & Body Works Inc. NYSE: BBWI and all its investors have been through the wringer. Shares closed just under $17 on Nov. 26, up close to 20% from recent lows but still down more than 20% from the prior week's pre-earnings levels.
Bath & Body Works shares plunged after disappointing earnings and a weak Q4 sales outlook, highlighting intensifying operational headwinds. BBWI's balance sheet remains stable, but rising costs and higher accounts payable pressure cash flow and threaten dividend sustainability. Current free cash flow is insufficient to cover both dividends and aggressive share buybacks; prioritizing one is essential for financial health.
Bath & Body Works sinks after a soft third quarter and trimmed 2025 outlook, even as its new Consumer First strategy aims to reignite growth.
Some stores aspire to be basic. Bath & Body Works is one of them.
Some stores aspire to be basic. Bath & Body Works is one of them.
Shares fell 25% after the retailer reported a drop in sales and earnings and slashed its forecast for the year.
Bath & Body Works, Inc. ( BBWI ) Q3 2026 Earnings Call November 20, 2025 8:30 AM EST Company Participants Luke Long Daniel Heaf - CEO & Director Eva Boratto - Chief Financial Officer Conference Call Participants Irwin Boruchow - Wells Fargo Securities, LLC, Research Division Matthew Boss - JPMorgan Chase & Co, Research Division Lorraine Maikis - BofA Securities, Research Division Alexandra Straton - Morgan Stanley, Research Division Kelly Crago - Citigroup Inc., Research Division Mark Altschwager - Robert W. Baird & Co. Incorporated, Research Division Adrienne Yih-Tennant - Barclays Bank PLC, Research Division Jungwon Kim - TD Cowen, Research Division Jay Sole - UBS Investment Bank, Research Division Olivia Tong Cheang - Raymond James & Associates, Inc., Research Division Dana Telsey - Telsey Advisory Group LLC Presentation Operator Good morning.
Bath & Body Works missed third-quarter earnings estimates in what it called "disappointing" results on Thursday. CEO Daniel Heaf announced a turnaround plan to revitalize the business, including exiting from categories like haircare and men's grooming and refocusing on the company's core products.
The headline numbers for Bath & Body Works (BBWI) give insight into how the company performed in the quarter ended October 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bath & Body Works Inc (NYSE:BBWI) tumbled on Thursday after the specialty retailer cut its full-year outlook and posted quarterly results that fell short of Wall Street estimates, citing soft consumer sentiment and weaker spending on discretionary items. Shares of the company slid about 20% in premarket trading, hitting their lowest level in five years.
Bath & Body Works (BBWI) came out with quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.49 per share a year ago.