secwatch.observer — SEC 8-K summary
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Issuer:     Bath & Body Works, Inc. (BBWI)
CIK:        0000701985
Form:       8-K
Filed at:   2026-05-27T11:12:59+00:00
Accession:  0000701985-26-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 7.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BBWI Q1 sales down 3%, adjusted EPS $0.32 beats guidance; CFO Boratto to step down June 12
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- Q1 net sales $1.378B (-3% YoY); GAAP EPS $0.90, adjusted EPS $0.32 (beating guidance).
- Full-year guidance reaffirmed: net sales -4.5% to -2.5%, adjusted EPS $2.40-$2.65.
- CFO Eva Boratto resigns effective June 12; Tom Javitch appointed Interim CFO, permanent search underway.
- Q2 guidance: net sales -5% to -3%, GAAP EPS $0.20-$0.25 (vs prior year $0.30 GAAP, $0.37 adjusted).
- Results include $88M pre-tax gain from payment card interchange fee litigation settlement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/701985/000070198526000012/0000701985-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/701985/000070198526000012/bbwi-20260520.htm
  HTML page:      https://secwatch.observer/filing/0000701985-26-000012

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