Bath & Body Works jumps on earnings beat, raised full-year guidance
+7.51% to $18.90 from $17.58
What moved BBWI
- Second-quarter net sales were $1.51 billion, down 2.3% year over year but ahead of the company’s guidance.
- Adjusted EPS of $0.62 exceeded expectations.
- The company posted its first direct-channel sales growth since 2021, helped by digital improvements and strength in Body Care.
- Full-year adjusted EPS guidance was raised to $2.60-$2.80 per share.
- Shares rose as much as 6%-7% in afternoon trading.
Sources: GlobeNewswire · StockStory