secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2024-08-28T23:59:59+00:00
Accession:  0000701985-24-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bath & Body Works Q2 adjusted EPS $0.37 beats guidance; lowers FY2024 outlook
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- Q2 net sales $1,526M, down 2.1% YoY; adjusted EPS $0.37 vs. $0.40 last year, above guidance.
- Reported EPS $0.68 includes $39M pre-tax gain on Easton investments and $44M tax benefit.
- FY2024 net sales guidance lowered to decline 2%-4% vs. FY2023; adjusted EPS $3.06-$3.26.
- Increased expected FY2024 share repurchases to $400M from prior $300M.
- Q3 guidance: net sales flat to +2.5%, EPS $0.41-$0.47 vs. $0.52 reported last year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198524000023/0000701985-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198524000023/bbwi-20240828.htm
  HTML page:      https://secwatch.observer/filing/0000701985-24-000023

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