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Bath & Body Works Inc. (BBWI) stock has experienced a significant downturn, touching a 52-week low of $26.17. This latest price level reflects a stark contrast to the company’s performance over the past year, with Limited Brands (NYSE:BBWI), the parent company of BBWI, witnessing a 1-year change of -42.91%. The decline in stock value is indicative of the broader challenges the company has faced in the market, as investors and analysts closely monitor its financial health and strategic direction amidst a volatile retail landscape. Despite market pressures, BBWI maintains a "GOOD" Financial Health score according to InvestingPro metrics, with liquid assets exceeding short-term obligations and an impressive 53-year track record of consistent dividend payments.
In other recent news, Bath & Body Works has reaffirmed its financial guidance for the first quarter and full fiscal year of 2025, expecting net sales growth between 1% and 3% and earnings per diluted share ranging from $0.36 to $0.43 for the first quarter. For the full fiscal year, the company anticipates earnings per diluted share between $3.25 and $3.60. This announcement was made during the Bank of America Consumer & Retail Conference, where the executive team shared insights with investors. Meanwhile, Goldman Sachs has maintained its Buy rating on Bath & Body Works, with a price target of $49, noting the success of the company’s Disney (NYSE:DIS) Princess collaboration and its impact on digital engagement.
The firm highlighted that Bath & Body Works’ strategy of leveraging collaborations has been effective in driving customer traffic. Additionally, the company has announced that CEO Gina Boswell will be taking a temporary medical leave for scheduled surgery, as disclosed in a recent SEC filing. The specifics of the interim leadership structure during her absence have not been provided. TD Cowen, on the other hand, included Bath & Body Works in its analysis of retail sector stocks, maintaining a buy rating despite recent market challenges. These developments reflect the company’s current trajectory and strategic initiatives in the retail market.
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