Bath & Body Works Sees Q2 Net Sales Of -(2%) - 0%; Adj EPS Of $0.31 - $0.36 Vs. $0.39 Est.
Portfolio Pulse from Benzinga Newsdesk
Bath & Body Works (BBWI) projects Q2 net sales to be between -2% and 0%, with adjusted EPS expected to be between $0.31 and $0.36, compared to the estimated $0.39.
June 04, 2024 | 11:05 am
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Bath & Body Works (BBWI) has provided a Q2 forecast with net sales expected to be between -2% and 0%, and adjusted EPS between $0.31 and $0.36, which is below the estimated $0.39.
The forecasted net sales and adjusted EPS are below market expectations, which is likely to put short-term pressure on BBWI's stock price.
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