secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2025-11-20T23:59:59+00:00
Accession:  0000701985-25-000033
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198525000033/0000701985-25-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198525000033/bbwi-20251120.htm
  HTML page:      https://secwatch.observer/filing/0000701985-25-000033

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