---
schema_version: "secwatch.filing_event.v1"
accession: "0000701985-23-000032"
form_type: "8-K"
ticker: "BBWI"
cik: "0000701985"
company_name: "Bath & Body Works, Inc."
filed_at: "2023-11-16T23:59:59+00:00"
generated_at: "2026-06-08T01:38:07.634161+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bath & Body Works beats Q3 EPS guidance; raises FY2023 adj. EPS midpoint

## Summary
- 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.

## SEC filing metadata
- accession: 0000701985-23-000032
- form_type: 8-K
- ticker: BBWI
- cik: 0000701985
- company_name: Bath & Body Works, Inc.
- filed_at: 2023-11-16T23:59:59+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/701985/000070198523000032/0000701985-23-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701985/000070198523000032/bbwi-20231116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701985-23-000032
- JSON: https://secwatch.observer/filing/0000701985-23-000032.json
- Plain text: https://secwatch.observer/filing/0000701985-23-000032.txt

## Key facts
- Earnings Releases
  Bath & Body Works, Inc. updated its fiscal 2023 guidance (raised).
  - Period: fiscal 2023
  - Guidance: raised
  - Result: guidance update
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198523000032/0000701985-23-000032-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198523000032/0000701985-23-000032-index.htm

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