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Bath & Body Works Invites You to Listen to the Third Quarter 2021 Earnings Call Webcast

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Bath & Body Works (NYSE: BBWI) will announce its third quarter 2021 earnings on November 17, after market close. A live webcast of the earnings conference call is scheduled for November 18 at 9:00 a.m. ET, featuring executives from the company. For additional details, participants can log onto the company's website or call designated numbers for domestic and international attendees.

The company continues to lead in specialty retailing with a focus on exclusive fragrances, operating over 1,750 locations in the U.S. and Canada.

Positive
  • Company leading in specialty retail with a strong franchise presence.
  • Over 1,750 company-operated locations in the U.S. and Canada.
Negative
  • Risks from the spin-off of Victoria's Secret, potentially affecting profit margins.
  • Adverse effects anticipated from the ongoing COVID-19 pandemic.

COLUMBUS, Ohio, Oct. 29, 2021 (GLOBE NEWSWIRE) -- In conjunction with the Bath & Body Works, Inc. (NYSE: BBWI) third quarter 2021 earnings release, which will cross the wire after market close on Wednesday, Nov. 17, you are invited to listen to a live webcast of the conference call on Thursday, Nov. 18 at 9:00 a.m. ET with Bath & Body Works executives.

What:Bath & Body Works Third Quarter 2021 Earnings Conference Call Webcast
When:9:00 a.m. ET on Thursday, Nov. 18, 2021
Where:
bbwinc.com
How:Log on to bbwinc.com or call:

Domestic Dial-In Number: 888.946.7609 (Conference ID 6362067)
Domestic Replay Number: 866.360.3307 (Conference ID 6362067)

International Dial-In Number: 517.308.9411 (Conference ID 6362067)
International Replay Number: 203.369.0162 (Conference ID 6362067)

If you are unable to participate during the live webcast, the call will also be archived on our website here.

ABOUT BATH & BODY WORKS:
Bath & Body Works is one of the world’s leading specialty retailers and home to America’s Favorite Fragrances® offering a breadth of exclusive fragrances for the body and home, including the #1 selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. For more than 30 years, customers have looked to Bath & Body Works for quality, on- trend products and the newest, freshest fragrances. Today, these fragrant products can be purchased at more than 1,750 company-operated Bath & Body Works locations in the U.S. and Canada, and more than 300 international franchised locations, as well as on bathandbodyworks.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

We caution that any forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) contained in this report or made by our company or our management involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Words such as “estimate,” “project,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “planned,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, in some cases have affected and in the future could affect our financial performance and actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements included in this report or otherwise made by our company or our management:

  • the spin-off of Victoria’s Secret may not be tax-free for U.S. federal income tax purposes;
  • a loss of synergies from separating the businesses that could negatively impact the balance sheet, profit margins or earnings of Bath & Body Works or that Bath & Body Works does not realize all of the expected benefits of the spin-off;
  • general economic conditions, inflation, consumer confidence, consumer spending patterns and market disruptions including pandemics or significant health hazards, severe weather conditions, natural disasters, terrorist activities, financial crises, political crises or other major events, or the prospect of these events;
  • the novel coronavirus (COVID-19) global pandemic has had and is expected to continue to have an adverse effect on our business and results of operations;
  • the seasonality of our business;
  • divestitures or other dispositions and related operations and contingent liabilities from businesses that we have divested;
  • difficulties arising from turnover in company leadership or other key positions;
  • our ability to attract, develop and retain qualified associates and manage labor-related costs;
  • the dependence on mall traffic and the availability of suitable store locations on appropriate terms;
  • our ability to grow through new store openings and existing store remodels and expansions;
  • our ability to successfully operate and expand internationally and related risks;
  • our independent franchise, license and wholesale partners;
  • our direct channel businesses;
  • our ability to protect our reputation and our brand images;
  • our ability to attract customers with marketing, advertising and promotional programs;
  • our ability to maintain, enforce and protect our trade names, trademarks and patents;
  • the highly competitive nature of the retail industry and the segments in which we operate;
  • consumer acceptance of our products and our ability to manage the life cycle of our brands, keep up with fashion trends, develop new merchandise and launch new product lines successfully;
  • our ability to source, distribute and sell goods and materials on a global basis, including risks related to:
    • political instability, environmental hazards or natural disasters;
    • significant health hazards or pandemics, which could result in closed factories, reduced workforces, scarcity of raw materials, and scrutiny or embargoing of goods produced in impacted areas;
    • duties, taxes and other charges;
    • legal and regulatory matters;
    • volatility in currency exchange rates;
    • local business practices and political issues;
    • potential delays or disruptions in shipping and transportation and related pricing impacts;
    • disruption due to labor disputes; and
    • changing expectations regarding product safety due to new legislation;
  • our geographic concentration of vendor and distribution facilities in central Ohio;
  • fluctuations in foreign currency exchange rates;
  • the ability of our vendors to deliver products in a timely manner, meet quality standards and comply with applicable laws and regulations;
  • fluctuations in product input costs, including those caused by inflation;
  • our ability to adequately protect our assets from loss and theft;
  • fluctuations in energy costs, including those caused by inflation;
  • increases in the costs of mailing, paper, printing or other order fulfillment logistics;
  • claims arising from our self-insurance
  • our and our third-party service providers' ability to implement and maintain information technology systems and to protect associated data;
  • our ability to maintain the security of customer, associate, third-party and company information;
  • stock price volatility;
  • our ability to pay dividends and related effects;
  • shareholder activism matters;
  • our ability to maintain our credit rating;
  • our ability to service or refinance our debt and maintain compliance with our restrictive covenants;
  • our ability to comply with laws, regulations and technology platform rules or other obligations related to data privacy and security;
  • our ability to comply with regulatory requirements;
  • legal and compliance matters; and
  • tax, trade and other regulatory matters.

We are not under any obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this report to reflect circumstances existing after the date of this report or to reflect the occurrence of future events even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. Additional information regarding these and other factors can be found in “Item 1A. Risk Factors” in this Form 10-Q and in our 2020 Annual Report on Form 10-K.

For further information, please contact:
  
Bath & Body Works: 
Investor RelationsMedia Relations
Amie PrestonTammy Roberts Myers
investorrelations@bbw.comcommunications@bbw.com

FAQ

When will Bath & Body Works announce its Q3 2021 earnings?

Bath & Body Works will announce its Q3 2021 earnings on November 17, 2021.

What time is the Bath & Body Works Q3 2021 earnings call?

The earnings call is scheduled for November 18, 2021, at 9:00 a.m. ET.

How can I access the Bath & Body Works earnings call?

You can access the earnings call via the company's website or by dialing the provided numbers for domestic or international listeners.

What challenges does Bath & Body Works face post Victoria’s Secret spin-off?

The spin-off may not be tax-free and could lead to a loss of synergies affecting profit margins.

Are there concerns over COVID-19's impact on Bath & Body Works?

Yes, the COVID-19 pandemic is expected to continue adversely affecting the company's business and operations.

Bath & Body Works, Inc.

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Specialty Retail
Retail-retail Stores, Nec
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United States of America
COLUMBUS