Retail Stock Eyes Best Day Ever After Beat-and-Raise
Bath & Body Works(BBWI) Schaeffers Investment Research·2024-11-25 23:31
Bath & Body Works Inc (NYSE:BBWI) stock is up 17.7% to trade at $36.14 at last glance -- their highest level since July -- after the retailer announced better-than-expected earnings and revenue for the third quarter. The company also raised its full-year forecast amid strong demand for its candles and fragrances during the holiday season.Shares are on track for their biggest single-day percentage gain on record, their third daily win in the past four sessions, and first close above the 40-day moving averag ...