8-K
filed November 16, 2023, 6:59 PM ET
ticker BBWI
CIK 0000701985
earnings
confidence high
sentiment positive
materiality 0.75
Bath & Body Works beats Q3 EPS guidance; raises FY2023 adj. EPS midpoint
Bath & Body Works, Inc.
2023-Q3 EPS reported
$1.31
revenue$4,517,000,000
- Q3 net sales $1.562B, down 2.6% YoY; GAAP EPS $0.52 vs $0.40 prior year.
- Adjusted Q3 EPS $0.48, excluding $0.04 net gain from debt extinguishment.
- Full-year adjusted EPS guidance raised to $2.90-$3.10 (midpoint $3.00) from prior range.
- Q4 net sales expected to decline 1-5% vs $2.889B prior year; Q4 EPS guidance $1.70-$1.90.
- Repurchased $174M principal of senior notes in Q3; full-year debt repurchases $373M.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Bath & Body Works, Inc. updated its fiscal 2023 guidance (raised).
- Period
- fiscal 2023
- Guidance
- raised
- Result
- guidance update
Exact text from the filing
The company now expects full-year 2023 earnings per diluted share to be between $2.99 and $3.19, compared to $3.40 in 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Bath & Body Works, Inc. reported third quarter ended October 28, 2023 results: revenue $1.562 billion, net income $119 million, EPS $0.52. Guidance raised.
- Period
- third quarter ended October 28, 2023
- Revenue
- $1.562 billion
- Net income
- $119 million
- EPS
- $0.52
- Guidance
- raised
- Result
- reported results
Exact text from the filing
The company reported net sales of $1.562 billion for the third quarter ended October 28, 2023, a decrease of 2.6% compared to net sales of $1.604 billion for the third quarter ended October 29, 2022.
View on SEC.gov
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