---
schema_version: "secwatch.filing_event.v1"
accession: "0000701985-24-000002"
form_type: "8-K"
ticker: "BBWI"
cik: "0000701985"
company_name: "Bath & Body Works, Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T07:32:48.573967+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000701985-24-000002
- form_type: 8-K
- ticker: BBWI
- cik: 0000701985
- company_name: Bath & Body Works, Inc.
- filed_at: 2024-02-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/701985/000070198524000002/0000701985-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701985/000070198524000002/bbwi-20240229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701985-24-000002
- JSON: https://secwatch.observer/filing/0000701985-24-000002.json
- Plain text: https://secwatch.observer/filing/0000701985-24-000002.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198524000002/0000701985-24-000002-index.htm
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198524000002/0000701985-24-000002-index.htm
- Earnings Releases
  Bath & Body Works, Inc. updated its fiscal 2024 guidance (initiated).
  - Period: fiscal 2024
  - Guidance: initiated
  - Result: guidance update
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/701985/000070198524000002/0000701985-24-000002-index.htm

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