Bath & Body Works (BBWI) offers guidance for holiday quarter that trails analyst expectations
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Bath & Body Works Reports Third Quarter 2023 Earnings Results
November 16, 2023 6:00 AM ESTCOLUMBUS, Ohio, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported third quarter 2023 results.
Gina Boswell, CEO of Bath & Body Works, commented, The team delivered third quarter net sales in line with the high end of our expectations and earnings that exceeded our plans. Our performance in the quarter was marked by strong merchandise margin improvement and the ongoing benefits of our cost optimization initiatives. As we close out the year, our team remains focused on delivering a great Holiday assortment and omnichannel experience for customers while leveraging our... More
