09:20 AM EDT, 05/19/2025 (MT Newswires) -- Bath & Body Works ( BBWI ) said Monday it has named Daniel Heaf its chief executive officer.

Heaf, who previously served as Nike's ( NKE ) chief strategy and transformation officer, will succeed Gina Boswell, Bath & Body Works ( BBWI ) said.

Boswell has stepped down as Bath & Body Works' ( BBWI ) CEO and board member, the company said.

Additionally, Bath & Body Works ( BBWI ) reported fiscal Q1 preliminary earnings of $0.49 per diluted share, up from $0.38 a year earlier.

Analysts polled by FactSet expected $0.41.

Preliminary net sales for the quarter ended May 3 were $1.42 billion, up 3% year over year.

An analyst surveyed by FactSet expected $1.40 billion.

The company also said it continues to expect fiscal 2025 diluted EPS of $3.25 to $3.60.

Analysts polled by FactSet expect $3.51.