Bath & Body Works exceeded sales guidance, with EPS up 15%

From GlobeNewswire: 2024-06-04 06:55:00

Bath & Body Works reported first quarter 2024 results with net sales of $1.4 billion, exceeding guidance. Earnings per share were $0.38, up 15% from the prior year. Their focus on new product introductions and brand engagement led to strong performance. The company narrowed its full-year guidance range and expects net sales to range between a decline of 2.5% to flat for fiscal 2024. Additionally, second quarter net sales are expected to range between a decline of 2% to flat compared to the prior year. The company’s earnings call is scheduled for June 4, 2024, at 9:00 a.m. Eastern Daylight Time. Bath & Body Works offers a variety of personal care and home fragrance products globally. However, forward-looking statements indicate potential risks and uncertainties that could impact future financial results.



Read more at GlobeNewswire:: Bath & Body Works Reports First Quarter 2024 Results