Bath & Body Works, Inc. ( NYSE:BBWI ) has announced that it will pay a dividend of $0.20 per share on the 21st of June...
Shares of Bath & Body Works (BBWI) are falling sharply after issuing disappointing second quarter guidance. The retailer's first quarter earnings topped estimates while revenue was in line with Street expectations. For the second quarter, Bath & Body Works sees net sales between a decline of 2% to flat and diluted earnings per share between $0.31 and $0.36. Yahoo Finance's Madison Mills and Brad Smith recap the retailer's quarter in the video above. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Stephanie Mikulich.
Net Sales of $1.4 Billion Exceeded GuidanceDiluted 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 04, 2024 (GLOBE NEWSWIRE) -- 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-end of our guidance range. We are partic