Bubble Over, Competition! Bath & Body Works Ups The Ante In Profitability Game
Portfolio Pulse from Shivani Kumaresan
Bath & Body Works Inc (BBWI) reported 1Q23 EPS of $0.33, beating consensus of $0.26 and guidance of $0.17-$0.27. Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating with a price target of $52. BBWI raised its annual EPS outlook following a strong Q1.
May 18, 2023 | 5:48 pm
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BBWI reported better-than-expected 1Q23 EPS and raised its annual EPS outlook. Telsey Advisory Group analyst reiterated an Outperform rating with a $52 price target.
BBWI's better-than-expected 1Q23 EPS and raised annual EPS outlook indicate strong financial performance. The Outperform rating and $52 price target from Telsey Advisory Group analyst suggest a positive outlook for the stock, which is likely to drive its price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100