earnings
confidence high
sentiment positive
materiality 0.85
BBWI beats Q2; raises FY26 EPS guidance to $3.13-$3.33
Bath & Body Works, Inc.
- Q2 net sales $1,514M, down 2.3% YoY; diluted EPS $0.58, adjusted EPS $0.62.
- Adjusted EPS $0.62 vs $0.37 prior year; operating income $216M vs $157M reported.
- Direct net sales grew for first time since 2021, aided by digital experience enhancements.
- FY26 EPS guidance raised to $3.13-$3.33 (adjusted $2.60-$2.80); net sales decline narrowed to 4%-2.5%.
- Q3 outlook: sales decline 5%-2.5%; EPS $0.05-$0.10; adjusted EPS $0.07-$0.12.