Even with falling profits, Bath & Body Works stock looks like it might be a buy.Soaps and sundries stock Bath & Body Works (BBWI -12.61%) fell 13% through 12:30 p.m. ET Tuesday despite the company beating on both sales and earnings in its first-quarter 2024 earnings report this morning.Heading into earnings, analysts forecast Bath & Body Works would earn $0.33 per share on sales of just under $1.4 billion. In fact, the company earned $0.38 per share, and its sales hit $1.4 billion on the nose. Bath & Body W ...

The jury’s still out on the health of the US consumer as investors weigh winners and losers of retail earnings seasonOutlier earnings dates this week: Bath & Body Works (BBWI), Dollar Tree (DLTR), Hibbett Inc. (HIBB), Big Lots (BIG)This next big test of consumer strength will be Friday’s job reportIf there’s one takeaway from Q1 retail earnings that have been pouring in the last few weeks, it’s that the US consumer may not be as resilient as they were to inflationary pressures in 2023. Those offering valu ...

Pre-market trading is back in the red this morning. We have two economic prints out this morning — Job Openings and Labor Turnover Survey (JOLTS) and Factory Orders, both for April and due at 10am ET today — and key earnings reports, most of which are coming after today’s closing bell. Following a mixed market Monday, we’re looking at -114 points on the Dow, -0.29%, the Nasdaq -0.28%, the S&P 500 -0.35% and the small-cap Russell 2000 again the outlier somewhat: -0.78% at this hour.We had thought we may have ...

财务数据和关键指标变化 - 第一季度净销售额为14亿美元,同比下降0.9%,超出预期 [15] - 第一季度每股摊薄收益为0.38美元,同比增长15%,超出预期 [15] - 公司提高了全年收入和利润的指引中值,维持了高端指引 [15] 各条业务线数据和关键指标变化 - 身体护理类销售同比小幅增长,得益于男士护理、唇部护理等新兴类别的强劲表现 [33] - 家居香氛类销售同比中单位数下降,主要受蜡烛类销售下滑影响,但公司在空气清新剂类别保持了市场份额领先 [37] - 肥皂和洗手液类销售同比小幅下降,但公司在细分市场保持了领先地位,其中肥皂类销售得益于补充装产品的良好表现 [38] 各个市场数据和关键指标变化 - 北美地区销售同比增长3%,与上一季度持平 [50] - 国际业务销售同比下降29%,受中东地区战争影响,但其他地区销售同比中单位数增长 [53] 公司战略和发展方向及行业竞争 - 公司持续推进品牌提升、产品创新、渠道拓展、运营效率提升等战略举措 [20] - 公司正加大在男士护理、唇部护理、发护理等新兴类别的投入,并计划在今年底前将洗衣护理产品全面铺开至美国所有门店 [16][35][41] - 公司在产品创新、垂直一体化模式、沉浸式零售体验等方面具有竞争优势 [122][123][124] 管理层对经营环境和未来前景的评论 - 管理层对公司在动态消费环境下的表现感到满意,并对下半年销售增长充满信心 [13][71] - 管理层表示,尽管宏观环境存在不确定性,但公司有信心通过各项战略举措实现销售和利润的增长 [64] 其他重要信息 - 公司将继续推进门店下沉和技术系统升级等投资计划,同时保持股东回报政策 [44][47] - 公司在忠诚度计划方面取得进展,会员数同比增长18%,占美国销售的80% [26][27] 问答环节重要的提问和回答 问题1 **Simeon Siegel 提问** 询问公司营销活动和新品类别带来的效果,是否带来了新客户、客户访问频次提升或定价改善 [76][77] **Eva Boratto 回答** 公司在毛利率和销售费用管控方面取得进展,未来销售增长2-3%即可实现费用率的提升 [78][79] 问题2 **Alex Straton 提问** 询问中东地区战争对国际业务的影响,以及公司的应对措施 [82][83] **Gina Boswell 和 Eva Boratto 回答** 尽管中东地区短期受压,但公司仍计划在今年开设35家左右的新国际门店,并预计国际业务将在第二季度开始改善 [83][84][85] 问题3 **Amanda Douglas 提问** 询问一季度销售超预期的驱动因素,以及对未来几个季度的消费者行为预期 [94][95] **Julie Rosen 和 Eva Boratto 回答** 一季度销售超预期主要得益于新品类别如男士护理、唇部护理的强劲表现,公司对二季度的销售和毛利率水平也保持谨慎乐观 [97][100][101]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Bath & Body Works Inc (NYSE:BBWI) posted better-than-expected first-quarter earnings results before the open this morning. However, the retailer's disappointing current-quarter and full-year guidance are sending the shares tumbling. At last glance, BBWI was down 11.4% to trade at $45.88, headed for its worst day since January 2021. Falling from last session's two-year high of $52.98, BBWI is now trading at its lowest levels in a month. The 120-day moving average, which the stock hasn't breached on a closing ...

Bath & Body Works (BBWI) reported $1.38 billion in revenue for the quarter ended April 2024, representing a year-over-year decline of 0.9%. EPS of $0.38 for the same period compares to $0.33 a year ago.The reported revenue represents a surprise of +1.25% over the Zacks Consensus Estimate of $1.37 billion. With the consensus EPS estimate being $0.33, the EPS surprise was +15.15%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Key TakeawaysBath & Body Works shares tumbled ahead of markets opening Tuesday despite a first-quarter earnings report that came in above expectations.Sales fell from last year, while profits rose slightly and came in above analyst estimates.The company also narrowed its full-year outlook, and issued second-quarter guidance. Shares of retailer Bath & Body Works (BBWI) slid in premarket trading Tuesday despite a first-quarter earnings report that surpassed analyst expectations and the company's own guidance. ...

Q1 2024 Results & 2024 Guidance June 4, 2024 Forward-Looking Statements Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995 Wecautionthatanyforward-lookingstatements(assuchtermisdefinedinthePrivateSecuritiesLitigationReformActof1995)containedinthispresentationormadebyourcompanyorourmanagementinvolverisksanduncertaintiesandaresubjecttochangebasedon variousfactors,manyofwhicharebeyondourcontrol.Accordingly,ourfutureperformanceandfinancialresultsmaydiffermateriallyfromthoseexpresse ...

Exhibit 99.1 Bath & Body Works Reports First Quarter 2024 Results Net Sales of $1.4 Billion Exceeded Guidance Diluted Earnings Per Share of $0.38 Exceeded Guidance, up 9% on a GAAP Basis and 15% on an Adjusted Basis Compared to Prior Year COLUMBUS, Ohio – June 4, 2024 - Bath & Body Works, Inc. (NYSE: BBWI) today reported first quarter 2024 results. Gina Boswell, CEO of Bath & Body Works, commented, "We delivered a better-than-expected start to the year with net sales and earnings per share above the high-en ...