Bath & Body Works Stock Drops After Earnings Beat. Here's Why.
The company reported first-quarter adjusted earnings of 38 cents a share on revenue of $1.38 billion—better than Wall Street's expectations of 33 cents on $1.37 billion.
Bath & Body Works forecasts downbeat annual profit on subdued demand; shares tumble
Bath & Body Works forecast full-year profit largely below market estimates on Tuesday and said it expects annual sales to drop, signaling demand for its scented candles and body care products would remain subdued amid sticky inflation.
Gaining 20% This Year, Will Bath & Body Works Rally Further After Q1 Results?
Bath & Body Works stock (NYSE: BBWI), the largest specialty home fragrance & body care product retailer in the U.S., formerly known as L Brands, is scheduled to report its fiscal first-quarter results on Tuesday, June 4. We expect BBWI stock to likely trade lower with revenues and earnings missing expectations in its first-quarter results.
Bath & Body Works (BBWI) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Get a deeper insight into the potential performance of Bath & Body Works (BBWI) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
