secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2024-11-25T23:59:59+00:00
Accession:  0000701985-24-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bath & Body Works Q3 sales up 3% to $1.61B, EPS $0.49 beats guidance; raises FY guidance
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- Q3 net sales $1,610M (+3% YoY); EPS $0.49 vs $0.52 ($0.48 adjusted) prior year, exceeding guidance.
- Q3 operating income $218M; net income $106M vs $119M (incl $9M debt extinguishment gain) last year.
- Q4 guidance: net sales decline 6.5%-4.5% (500bps calendar headwind vs 14-week Q4 2023); EPS $1.94-$2.07.
- Full-year guidance raised: net sales decline 2.5%-1.7%; EPS $3.46-$3.59 reported / $3.15-$3.28 adjusted.
- FY2024 guidance includes $400M cash deployed to share repurchases.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198524000029/0000701985-24-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198524000029/bbwi-20241125.htm
  HTML page:      https://secwatch.observer/filing/0000701985-24-000029

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