secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2023-05-18T23:59:59+00:00
Accession:  0000701985-23-000012
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 Q1 EPS beats guidance; full-year EPS outlook raised
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198523000012/0000701985-23-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198523000012/bbwi-20230518.htm
  HTML page:      https://secwatch.observer/filing/0000701985-23-000012

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