Bath & Body Works: A Value Retailer With Upside
Portfolio Pulse from
Bath & Body Works, Inc. reported strong Q3 results with $1.61 billion in revenue, stable margins, and a net income of $106 million, beating EPS estimates. Despite a drop in international sales, U.S. and Canadian sales increased, and inventory is well-positioned for the holiday season.
November 25, 2024 | 8:45 pm
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Bath & Body Works reported strong Q3 earnings with $1.61 billion in revenue and $106 million in net income, beating EPS estimates. U.S. and Canadian sales growth offset international declines, and inventory is well-positioned for the holiday season.
The strong Q3 earnings report, with revenue and net income beating estimates, suggests a positive short-term impact on BBWI's stock price. The increase in U.S. and Canadian sales, along with well-positioned inventory for the holiday season, further supports this outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100