secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0000701985-22-000025
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bath & Body Works lowers Q2 and FY 2022 guidance on inflation pressure
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- Q2 sales now expected down 6-7% YoY vs prior guide of low single-digit increase.
- Q2 EPS from continuing ops guided to $0.40-$0.42, down from $0.60-$0.65.
- Full-year sales forecast lowered to down mid-to-high single digits from low single-digit increase.
- Full-year operating income rate estimated in the mid-teens; EPS details deferred to Q2 earnings Aug 17.
- Cites inflationary pressure affecting customers and the business; clean inventory allows adaptation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198522000025/0000701985-22-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198522000025/bbwi-20220720.htm
  HTML page:      https://secwatch.observer/filing/0000701985-22-000025

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