---
schema_version: "secwatch.filing_event.v1"
accession: "0000701985-25-000033"
form_type: "8-K"
ticker: "BBWI"
cik: "0000701985"
company_name: "Bath & Body Works, Inc."
filed_at: "2025-11-20T23:59:59+00:00"
generated_at: "2026-05-16T18:17:17.387653+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bath & Body Works launches transformation plan; Q3 EPS $0.37, cuts FY25 guidance

## Summary
- Q3 net sales $1.594B (-1% YoY); GAAP EPS $0.37 ($0.35 adj); operating income $161M vs $218M prior year.
- Net income $77M vs $106M; includes $8M pre-tax gain from asset sale.
- Announces Consumer First Formula with four priorities; targets $250M cost savings over two years.
- Q4 guidance: net sales down high single digits; EPS at least $1.70 (vs $2.09).
- FY25 guidance cut: net sales decline low single digits; adj EPS at least $2.87 (vs $3.29).

## SEC filing metadata
- accession: 0000701985-25-000033
- form_type: 8-K
- ticker: BBWI
- cik: 0000701985
- company_name: Bath & Body Works, Inc.
- filed_at: 2025-11-20T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/701985/000070198525000033/0000701985-25-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/701985/000070198525000033/bbwi-20251120.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000701985-25-000033
- JSON: https://secwatch.observer/filing/0000701985-25-000033.json
- Plain text: https://secwatch.observer/filing/0000701985-25-000033.txt

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