BBWI Q4 EPS beat; new $500M buyback; FY2024 sales guidance -3% to flat

Bath & Body Works, Inc.

2023-FY EPS reported $3.84 revenue$7,429,000,000

Q4 net sales $2.912B (+0.8% YoY; extra week contributed ~$80M); adjusted EPS $2.06 vs guidance $1.87.
Full-year 2023 net sales $7.429B (-1.7% YoY); adjusted EPS $3.27.
Board approved new $500M share repurchase program.
FY2024 guidance: net sales -3% to flat vs 2023; EPS $3.00-$3.35; Q1 EPS $0.28-$0.33.
Q4 tax benefit of $112M from partial release of valuation allowance on foreign deferred tax asset.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bath & Body Works, Inc. reported 14-week fourth quarter ended Feb. 3, 2024 results: revenue $2.912 billion, net income $579 million, EPS $2.55.

Period: 14-week fourth quarter ended Feb. 3, 2024
Revenue: $2.912 billion
Net income: $579 million
EPS: $2.55
Result: reported results

Exact text from the filing

The company reported net sales of $2.912 billion for the 14-week fourth quarter ended Feb. 3, 2024, an increase of 0.8% compared to net sales of $2.889 billion for the 13-week fourth quarter ended January 28, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bath & Body Works, Inc. reported 53-week fiscal year ended Feb. 3, 2024 results: revenue $7.429 billion, net income $878 million, EPS $3.84.

Period: 53-week fiscal year ended Feb. 3, 2024
Revenue: $7.429 billion
Net income: $878 million
EPS: $3.84
Result: reported results

Exact text from the filing

Net sales decreased 1.7% to $7.429 billion for the 53-week fiscal year ended Feb. 3, 2024, compared to $7.560 billion for the 52-week fiscal year ended Jan. 28, 2023.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Bath & Body Works, Inc. updated its fiscal 2024 guidance (initiated).

Period: fiscal 2024
Guidance: initiated
Result: guidance update

Exact text from the filing

For fiscal 2024, the company is forecasting net sales to range between a decline of 3.0% to flat relative to $7.429 billion of net sales in fiscal 2023.

View on SEC.gov

20 earnings releases filed in the last 30 days. Browse all earnings releases →

Bath & Body Works, Inc. filing history →

Source: SEC EDGAR

accession 0000701985-24-000002

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.