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Bath & Body Works, Inc. - BBWI STOCK NEWS

Welcome to our dedicated page for Bath & Body Works news (Ticker: BBWI), a resource for investors and traders seeking the latest updates and insights on Bath & Body Works stock.

Bath & Body Works, Inc. (NYSE: BBWI) is a premier retailer specializing in home fragrances and personal care products. Established as an independent company following the 2021 separation from Victoria’s Secret, Bath & Body Works operates under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company boasts over 1,800 retail stores primarily in North America, complemented by a burgeoning international presence and a robust e-commerce platform.

Bath & Body Works has carved a niche in delivering quality, on-trend luxuries at affordable prices. Its product portfolio includes fine fragrance mists, body lotions, body creams, 3-wick candles, home fragrance diffusers, and liquid hand soaps. Recently, the company has expanded its offerings with innovative seasonal collections and exclusive partnerships, such as its recent collaboration with top athletes to promote a new line of men’s grooming products.

In fiscal 2023, Bath & Body Works reported net sales of $7.429 billion, reflecting a 1.7% decrease from the previous year. Despite this, the company demonstrated resilience with adjusted earnings per diluted share of $3.27. The company’s strategic initiatives, including cost optimization and digital channel expansion, have bolstered its financial performance and positioned it for sustained growth.

Recent achievements include exceeding third-quarter and fourth-quarter earnings expectations, launching new fall fragrances, and initiating a $500 million share repurchase program. The company is also actively hiring seasonal associates to meet the increased demand during the holiday season. Bath & Body Works remains committed to enhancing customer experience through an omnichannel approach and ongoing innovation in product development.

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Bath & Body Works, Inc. (NYSE: BBWI) will report its Q3 2023 financial results on Nov. 16, 2023. The company will host a conference call at 9:00 a.m. EST to provide a business update and discuss the results. Investors and analysts can access the call via dial-in numbers or listen to the webcast on the company's website. A replay of the conference call will be available.
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Bath & Body Works executives to participate in fireside chat at Goldman Sachs conference
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Customers can now experience the season's best and most iconic scents across 100+ limited-edition products
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Bath & Body Works is hiring 30,000 seasonal associates for the holiday season, with opportunities for long-term employment. Associates receive flexible schedules, a 40% store-wide discount, and benefits. They are also hiring 2,500 distribution center employees with a competitive wage and a $500 associate referral bonus. Immediate decisions and start dates are available.
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Bath & Body Works exceeds Q2 earnings per share guidance and raises earnings per share outlook for full-year 2023. Net sales decrease by 3.6% compared to the same period last year. Operating income and net income also decrease. The company updates its full-year forecast, expecting a decline in net sales and earnings per diluted share for 2023 compared to 2022.
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Bath & Body Works, Inc. (NYSE: BBWI) declares regular quarterly dividend of $0.20 per share, payable on Sept. 1, 2023, to shareholders of record at the close of business on Aug. 18, 2023. This announcement signals the company's commitment to returning value to its shareholders and maintaining financial stability.
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Bath & Body Works, Inc. (NYSE: BBWI) plans to report its Q2 2023 financial results on Aug. 23, 2023, followed by a conference call with key executives providing a business update. Investors and analysts can access supplemental materials on the company's website and participate in the call. The webcast replay will be available for 90 days.
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BBWI: Bath & Body Works appoints Eva C. Boratto as new CFO, bringing over three decades of finance experience. Boratto previously served as CFO of Opentrons Labworks and CVS Health Corporation, playing a critical role in the company's growth plan and acquisition of Aetna.
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Bath & Body Works launches its annual Halloween collection with nearly 100 limited-edition products. The collection includes spellbinding fragrances, spooky accessories, and surprises like Wallflowers that project spooky scenes. Bath & Body Works rewarded loyalty program members with exclusive early access to the launch. The brand experienced a 30% increase in online sales compared to average, driven by loyalty members. The collection aims to transport customers to enchanted castles and haunted graveyards.
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Bath & Body Works launches new hand soaps made without sulfates, parabens, and dyes, featuring bottles made with recycled plastic and a 100% recyclable carton. The brand also introduces hand soap refills and a refillable glass decanter. All products are available in stores and online.
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FAQ

What is the current stock price of Bath & Body Works (BBWI)?

The current stock price of Bath & Body Works (BBWI) is $31.28 as of November 4, 2024.

What is the market cap of Bath & Body Works (BBWI)?

The market cap of Bath & Body Works (BBWI) is approximately 6.8B.

What does Bath & Body Works specialize in?

Bath & Body Works specializes in home fragrances and personal care products, including fine fragrance mists, body lotions, body creams, 3-wick candles, home fragrance diffusers, and liquid hand soaps.

When did Bath & Body Works become an independent company?

Bath & Body Works became an independent company on August 2, 2021, following a separation from Victoria’s Secret.

How many retail stores does Bath & Body Works operate?

Bath & Body Works operates over 1,800 retail stores primarily in North America, with an expanding international presence.

What were Bath & Body Works' net sales in fiscal 2023?

In fiscal 2023, Bath & Body Works reported net sales of $7.429 billion.

What recent achievements has Bath & Body Works accomplished?

Recent achievements include exceeding third and fourth-quarter earnings expectations, launching new fall fragrances, and initiating a $500 million share repurchase program.

What initiatives has Bath & Body Works taken for the holiday season?

Bath & Body Works is hiring seasonal associates and hosting National Hiring Events to meet increased demand during the holiday season.

What strategic goals is Bath & Body Works focusing on?

Bath & Body Works is focusing on enhancing customer experience through an omnichannel approach, cost optimization, digital expansion, and ongoing product innovation.

How is Bath & Body Works engaging with male customers?

Bath & Body Works is expanding its men’s grooming products and partnering with top athletes to promote its offerings.

What is Bath & Body Works' approach to product development?

Bath & Body Works emphasizes innovation, seasonal collections, and leveraging its predominantly U.S.-based supply chain to deliver quality products at affordable prices.

Where can I find more information about Bath & Body Works?

For more information, visit Bath & Body Works' official website at bathandbodyworks.com.

Bath & Body Works, Inc.

NYSE:BBWI

BBWI Rankings

BBWI Stock Data

6.81B
219.11M
0.32%
99.5%
4.75%
Specialty Retail
Retail-women's Clothing Stores
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United States of America
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