GlobeNewsWire
27 May 2026, 10:50 UTC · 2h ago
Source · https://www.globenewswire.com/news-release/2026/05/27/3301747/0/en/Bath-Body-Works-Reports-First-Quarter-Results-Exceeding-Guidance-and-Progress-Against-the-Consumer-First-Formula.html
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Bath & Body Works expects Q2 2026 net sales to decline between 3% and 5% compared to the previous year. — Negative forward-looking revenue guidance signals ongoing weakness in consumer demand and top-line growth.
-0.60The company is maintaining full-year 2026 guidance for a net sales decline between 2.5% and 4.5%. — Confirming a year-over-year contraction for the full fiscal year indicates a lack of immediate recovery.
-0.50Chief Financial Officer Eva Boratto will step down effective June 12, 2026. — Unexpected C-suite departures during a period of declining sales can create leadership uncertainty for investors.
-0.30First quarter 2026 net sales decreased 3% year-over-year to $1,378 million. — Actual revenue decline confirms the negative trend mentioned in the guidance.
Reported Q1 2026 EPS rose to $0.90 from $0.49, but adjusted EPS dropped significantly to $0.32 due to one-time legal and tax gains. — The headline beat is superficial, as the underlying operational performance (adjusted EPS) is weak.
-0.20Impact vectors
4 dimensions · 9 clusters
Market reaction
10 bid · 10 offered
Ticker attribution
Model heads
Quarterly results exceeded guidance, but net sales declined and the company is facing a CFO transition.
No ticker relationship head found.
