Bath & Body Works Q2 Earnings Meet Expectations with $64M Net Income

Bath & Body Works reported Q2 earnings of $64 million, or 30 cents per share, matching Wall Street expectations. The company's revenue was $1.55 billion, also meeting forecasts. Bath & Body Works expects full-year earnings of $3.35 to $3.60 per share. The stock has declined 18% since the beginning of the year.

NEW YORK - Bath & Body Works, Inc. (NYSE: BBWI) reported its second quarter earnings on Thursday, with adjusted earnings per share (EPS) of $0.37, meeting Wall Street expectations but falling short of analyst estimates by $0.01. The company's revenue reached $1.55 billion, in line with expectations and up 1.5% year-over-year (YoY). Despite the mixed results, Bath & Body Works raised its full-year 2025 adjusted EPS guidance from $3.25-$3.60 to $3.35-$3.60, compared to analyst expectations of $3.48.

The company's shares declined 1.68% in pre-market trading following the results. CEO Daniel Heaf stated, "Our team delivered a solid quarter, with revenue and adjusted earnings per share at the high end of our guidance range." Heaf also noted that the company is raising the low end of its full-year adjusted EPS guidance range based on strong first-half results and confidence in its outlook.

Bath & Body Works narrowed its full-year 2025 net sales growth forecast to 1.5% to 2.7%, compared to its previous guidance of 1% to 3%. The company also increased its expected share repurchase amount from $300 million to $400 million for the year. The retailer is focusing on three strategic initiatives: enhancing digital experiences, improving product efficacy, and expanding distribution channels.

Analysts on Wall Street project that Bath & Body Works will announce quarterly earnings of $0.37 per share, representing no change year over year. Revenues are projected to reach $1.55 billion, increasing 1.8% from the same quarter last year [2]. Over the past month, Bath & Body Works shares have recorded returns of -1.5% versus the Zacks S&P 500 composite's +2.7% change [2].

References:

[1] https://www.investing.com/news/earnings/bath--body-works-shares-dip-as-q3-guidance-misses-estimates-4214393
[2] https://www.nasdaq.com/articles/insights-bath-body-works-bbwi-q2-wall-street-projections-key-metrics