secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2023-11-16T23:59:59+00:00
Accession:  0000701985-23-000032
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 beats Q3 EPS guidance; raises FY2023 adj. EPS midpoint
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198523000032/0000701985-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198523000032/bbwi-20231116.htm
  HTML page:      https://secwatch.observer/filing/0000701985-23-000032

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