Bath & Body Works
BBWI

$28.59

2.79%

Market Cap: $6.26B

About: Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 5% of sales from international markets in fiscal 2023. For fiscal 2023, 74% of sales stemmed from the brick-and-mortar network (which was composed of more than 1,800 retail stores), similar to 2022 levels, as consumer shopping patterns remained to normal. Future growth is expected from store reformatting, digital and international channels, as well as adjacent category expansions like hair and laundry.

Employees: 57,157

Consumer Discretionary Women’s Clothing Stores

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 18 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

22% more call options, than puts

Call options by funds: $158M | Put options by funds: $130M

16% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 70

12% more repeat investments, than reductions

Existing positions increased: 190 | Existing positions reduced: 169

2% more funds holding

Funds holding: 496 [Q1] → 507 (+11) [Q2]

0.69% less ownership

Funds ownership: 96.4% [Q1] → 95.71% (-0.69%) [Q2]

9% less funds holding in top 10

Funds holding in top 10: 11 [Q1] → 10 (-1) [Q2]

23% less capital invested

Capital invested by funds: $10.8B [Q1] → $8.34B (-$2.5B) [Q2]

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Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$31

8%

upside

Avg. target

$43

50%

upside

High target

$54

89%

upside

18 analyst ratings

10 positive

56%

8 neutral

44%

0 negative

0%

Morgan Stanley Kimberly Greenberger 43% 1-year accuracy 3 / 7 met price target	78%upside $51	Overweight Maintained	5 Sept 2024
Telsey Advisory Group Dana Telsey 39% 1-year accuracy 66 / 171 met price target	47%upside $42	Outperform Maintained	29 Aug 2024
BMO Capital Simeon Siegel 48% 1-year accuracy 10 / 21 met price target	75%upside $50	Outperform Reiterated	29 Aug 2024
Goldman Sachs Kate McShane 66% 1-year accuracy 31 / 47 met price target	71%upside $49	Buy Maintained	29 Aug 2024
JP Morgan Matthew Boss 35% 1-year accuracy 19 / 54 met price target	36%upside $39	Neutral Maintained	29 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about BBWI published over the past 30 days

Bath & Body Works to Present at the Goldman Sachs 31st Annual Global Retailing Conference

COLUMBUS, Ohio, Aug. 29, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that Gina Boswell, Chief Executive Officer and Eva Boratto, Chief Financial Officer, will participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference on Wednesday, September 4, 2024, at 8:15 a.m. EDT.

Bath & Body Works to Present at the Goldman Sachs 31st Annual Global Retailing Conference

Bath & Body Works Analysts Cut Their Forecasts After Q2 Earnings

Bath & Body Works, Inc. BBWI reported worse-than-expected second-quarter sales results and issued FY24 adjusted EPS guidance with its midpoint below estimates. Also, the company issued third-quarter EPS guidance below estimates.

Bath & Body Works Analysts Cut Their Forecasts After Q2 Earnings

Bath & Body Works Rebound Ahead? Why Analysts Remain Optimistic

It's been a tough year for Bath & Body Works NYSE: BBWI. So far, in 2024, the home fragrance, body care, and soap retailer founded in Columbus, Ohio, has seen its shares fall around 24%.

Bath & Body Works Rebound Ahead? Why Analysts Remain Optimistic

Bath & Body Works Offered a 'Prudent' Outlook. Its Shares Are Falling

Bath & Body Works (BBWI) shares sank after the company slashed its 2024 guidance and missed expectations with its second-quarter sales.

Bath & Body Works Offered a 'Prudent' Outlook. Its Shares Are Falling

Bath & Body Works, Inc. (BBWI) Q2 2024 Earnings Call Transcript

Bath & Body Works, Inc. (NYSE:BBWI ) Q2 2024 Earnings Conference Call August 28, 2024 9:00 AM ET Company Participants Luke Long - Vice President, Investor Relations Gina Boswell - Chief Executive Officer and Director Julie Rosen - President Eva Boratto - Chief Financial Officer Conference Call Participants Simeon Siegel - BMO Capital Markets Lorraine Hutchinson - Bank of America Alex Straton - Morgan Stanley Kate McShane - Goldman Sachs Matthew Boss - JP Morgan Krisztina Katai - Deutsche Bank Dana Telsey - Telsey Advisory Group Olivia Tong - Raymond James Marni Shapiro - The Retail Tracker Jonna Kim - TD Cowen Korinne Wolfmeyer - Piper Sandler Operator Good morning. My name is Donna, and I will be your conference operator today.

Bath & Body Works, Inc. (BBWI) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Here's What Key Metrics Tell Us About Bath & Body Works (BBWI) Q2 Earnings

While the top- and bottom-line numbers for Bath & Body Works (BBWI) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Bath & Body Works (BBWI) Q2 Earnings

Bath & Body Works cuts annual sales forecast on tepid demand

Bath & Body Works cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation.

Bath & Body Works cuts annual sales forecast on tepid demand

Bath & Body Works' stock dips after sales miss and as company lowers guidance

Bath & Body Works Inc.'s stock BBWI, -1.25% fell 0.6% premarket Wednesday, after the company, which was spun out of Victoria's Secret in 2021, posted second-quarter earnings with sales that lagged consensus and trimmed its full-year guidance. The Columbus, Ohio-based company had net income of $152 million, or 68 cents a share, for the quarter to Aug. 3, up from $99 million, or 43 cents a share, in the year-earlier period.

Bath & Body Works' stock dips after sales miss and as company lowers guidance

Bath & Body Works Reports Second Quarter 2024 Results

Net Sales of $1.5 Billion , In Line with Guidance Earnings Per Diluted Share of $0.68; Adjusted Earnings Per Diluted Share of $0.37, Exceeded Guidance Updates Fiscal Year 2024 Guidance Increases Full-Year Expected Share Repurchases to $400 million from $300 million

Bath & Body Works Reports Second Quarter 2024 Results

Upbeat Q2 Earnings Should Mark Reversal In Fortune For Bath & Body Works Stock

Bath & Body Works (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 second-quarter results on Wednesday, August 28. We expect BBWI stock to likely trade higher with revenues and earnings beating expectations in its second-quarter results.

Upbeat Q2 Earnings Should Mark Reversal In Fortune For Bath & Body Works Stock

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