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Bath & Body Works, Inc. (NYSE:BBWI), a leading retail store chain, has reaffirmed its financial guidance for the first quarter and full-year fiscal 2025. Today, the company’s executive team participated in the Bank of America Consumer & Retail Conference, where they confirmed the previously announced net sales growth projections of 1% to 3% for both the first quarter and the full year.
In terms of earnings, Bath & Body Works expects first quarter 2025 earnings per diluted share to range from $0.36 to $0.43. For the full fiscal year, the company anticipates earnings per diluted share to be between $3.25 and $3.60. This announcement was made in conjunction with a fireside chat at the conference, which was also webcasted for investors.
The reaffirmation of guidance comes as a signal of stability from the company amidst a retail environment that is constantly evolving. InvestingPro data shows the company maintains a "GOOD" overall financial health score, with RSI indicators suggesting the stock is currently in oversold territory. It’s important to note that the information provided in this disclosure is not intended for filing purposes under the Securities Act of 1934, nor is it to be incorporated into any registration statement or document under the Securities Act of 1933.
Investors and interested parties were able to access the audio webcast through the Investor Relations section of Bath & Body Works’ website. The company, formerly known as L Brands, Inc., operates under the SIC Retail-Retail Stores, NEC [5990] and is headquartered in Columbus (WA:CLC), Ohio.
This news is based on a press release statement and is intended to provide investors with the latest financial outlook for Bath & Body Works, reflecting the company’s performance expectations for the current fiscal year.
In other recent news, Bath & Body Works reported its fourth-quarter 2024 earnings, revealing an earnings per share (EPS) of $2.09, which exceeded analyst expectations of $2.04. Despite this earnings beat, the company’s net sales fell by 4% year-over-year, totaling $2.8 billion, which led to a decline in investor confidence. The company has forecasted modest sales growth for 2025, projecting an EPS between $3.25 and $3.60. Bath & Body Works also highlighted its strategic initiatives, including new product lines and store expansions, as part of its growth strategy. The company returned $577 million to investors through dividends and share repurchases in 2024. Analyst firms have not recently upgraded or downgraded the stock, but the market remains cautious due to competitive pressures and macroeconomic conditions. Bath & Body Works plans to focus on product innovation and international expansion to drive future growth.
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