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Bath & Body Works' Fiscal Q1 Adjusted Earnings Rise, Net Sales Drop; Provides Q2, Full-Year Earnings Guidance
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Bath & Body Works' Fiscal Q1 Adjusted Earnings Rise, Net Sales Drop; Provides Q2, Full-Year Earnings Guidance
Jun 4, 2024 5:08 AM

07:33 AM EDT, 06/04/2024 (MT Newswires) -- Bath & Body Works ( BBWI ) reported fiscal Q1 adjusted earnings Tuesday of $0.38 per diluted share, up from $0.33 a year earlier.

Analysts polled by Capital IQ expected $0.33.

Net sales for the quarter ended May 4 was $1.38 billion, down from $1.40 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.37 billion.

The company said it expects fiscal Q2 earnings of $0.31 to $0.36 per diluted share. Analysts surveyed by Capital IQ expect $0.38. The company said it expects full-year 2024 diluted earnings of $3.05 to $3.35 per diluted share. Analysts surveyed by Capital IQ expect $3.25.

Price: 47.26, Change: -4.55, Percent Change: -8.78

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