At the beginning of 2024, retail stocks has a bright outlook. Consumer spending was holding up, the rate of inflation was easing, and there were expectations of an interest-rate cut.
BBWI has a strong loyalty program customer base that accounts for ~80% of sales and is still growing, proving effective in driving customer acquisition and retention. Its growing men's line has proven that BBWI has effectively diversified its market into the men's category and reduced its reliance on a single demographic. My relative valuation brings me to a target price of ~$51.21, which repre...
COLUMBUS, Ohio, March 05, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that Eva Boratto, chief financial officer, will participate in a fireside chat at the Bank of America Consumer & Retail Conference on Tuesday, March 12, 2024, at 8:00 a.m. EDT.
Bath & Body Works forecast annual sales and profit below analysts' expectations on Thursday as consumers scaled back spending on non-essential items like candles and fragrances, sending its shares down 9% in premarket trading.
Bath & Body Works Inc.'s stock fell 8% early Thursday, after the soap and perfume retailer said it expects earnings to fall in fiscal 2024, overshadowing better-than-expected fourth-quarter numbers.
Fourth Quarter and Full-Year Net Sales and Earnings Per Share Exceed Guidance Board of Directors Authorizes New Share Repurchase Program COLUMBUS, Ohio, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported fourth quarter and full-year 2023 results. Gina Boswell, CEO of Bath & Body Works, commented, “The team delivered fourth quarter net sales and earnings that e...
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 fourth-quarter results on Thursday, February 29. We expect BBWI stock to likely trade lower with revenues and earnings missing expectations in its fourth-quarter results.
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