secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2022-11-16T23:59:59+00:00
Accession:  0000701985-22-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bath & Body Works Q3 EPS $0.40 beats guidance; raises FY2022 EPS outlook
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- Q3 net sales $1.60B, down 5% YoY from $1.68B; EPS $0.40 vs guidance of $0.10-$0.20.
- Operating income $201.8M vs $408.5M last year; net income $91.0M vs $177.1M (prior year included $89.1M debt extinguishment loss).
- Q4 2022 EPS guidance $1.45-$1.65; full-year raised to $3.00-$3.20 from $2.70-$3.00.
- Gina Boswell to become CEO in December; Sarah Nash remains Executive Chair and Interim CEO.
- Company cites cost controls, supply chain agility, and loyalty program enrollment for beat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198522000034/0000701985-22-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198522000034/bbwi-20221116.htm
  HTML page:      https://secwatch.observer/filing/0000701985-22-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer