---
schema_version: "secwatch.filing_event.v1"
accession: "0000701985-23-000012"
form_type: "8-K"
ticker: "BBWI"
cik: "0000701985"
company_name: "Bath & Body Works, Inc."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:40:37.938842+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bath & Body Works Q1 EPS beats guidance; full-year EPS outlook raised

## Summary
- Q1 net sales $1.396B, down 4% YoY; EPS $0.35 vs $0.64 prior year.
- Adjusted EPS $0.33, beating guidance; includes $0.02 gain from debt repurchase.
- Full-year EPS guidance raised to $2.70-$3.10 (adjusted $2.68-$3.08).
- Q2 EPS expected $0.27-$0.32 vs $0.52; sales down low- to mid-single digits.
- Repurchased $84M principal of senior notes in Q1, resulting in $7M pre-tax gain.

## SEC filing metadata
- accession: 0000701985-23-000012
- form_type: 8-K
- ticker: BBWI
- cik: 0000701985
- company_name: Bath & Body Works, Inc.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/701985/000070198523000012/0000701985-23-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701985/000070198523000012/bbwi-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701985-23-000012
- JSON: https://secwatch.observer/filing/0000701985-23-000012.json
- Plain text: https://secwatch.observer/filing/0000701985-23-000012.txt

## Key facts
- Earnings Releases
  Bath & Body Works, Inc. reported first quarter ended April 29, 2023 results: revenue $1.396 billion, net income $81 million, EPS $0.35. Guidance raised.
  - Period: first quarter ended April 29, 2023
  - Revenue: $1.396 billion
  - Net income: $81 million
  - EPS: $0.35
  - Guidance: raised
  - Result: reported results
  source text: The company reported net sales of $1.396 billion for the first quarter ended April 29, 2023, a decrease of 4% compared to net sales of $1.450 billion for the first quarter ended April 30, 2022. The company reported earnings per diluted share of $0.35 for the first quarter of 2023, compared to $0.64 for the same period of the prior year. First quarter operating income was $181 million compared to $280 million last year, and net income was $81 million compared to $155 million last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198523000012/0000701985-23-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.