Bath & Body Works Inc. (BBWI) PT Raised to $48 at BofA Securities

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Go back to Bath & Body Works Inc. (BBWI) PT Raised to $48 at BofA Securities

Bath & Body Works (BBWI) Dips on Big EPS Forecast Cut, Analyst Sees Several Positive Catalysts

August 18, 2022 6:51 AM EDT

Shares of Bath & Body Works (NASDAQ: BBWI) are down about 1% after the company cut its annual profit forecast.

BBWI topped its recent preannouncement of $0.40-0.42 by reporting EPS from continuing operations at 52c, also beating the 45c consensus. Revenue came in at $1.62 billion, slightly below the $1.64 billion consensus.

Our results in the second quarter were better than our most... More