As the United States gross domestic product (GDP) figures for the quarter recently suggested that the American consumer was mostly responsible for carrying economic growth, investors might wonder whether it is still worth it to look into buying some retail stocks in the cyclical space, or whether the wave is toward its last inning and might roll over soon.
Bath & Body Works, Inc. reported Q3 revenue of $1.61 billion, with positive comparable sales and a favorable valuation at 9X FWD P/E and 7X EV/EBITDA. Despite international sales dropping 11.1% due to Middle East conflicts, U.S. and Canadian sales increased, with inventory levels well-positioned for the holiday season. Margins remained stable, with gross profit at 43.5% and SG&A costs at 30% of...
Bath & Body Works, Inc. (NYSE:BBWI ) Q3 2024 Earnings Conference Call November 25, 2024 9:00 AM ET Company Participants Luke Long - Vice President, Investor Relations Gina Boswell - Chief Executive Officer Eva Boratto - Chief Financial Officer Conference Call Participants Lorraine Hutchinson - Bank of America Mark Altschwager - Baird Matthew Boss - JPMorgan Alex Straton - Morgan Stanley Paul Le...
Bath & Body Works stock is higher Monday after the retailer reported better-than-expected results and raised its full-year forecast. Here's what you need to know.
Bath & Body Works (BBWI) shares skyrocketed when the personal care items retailer posted better-than-expected results and boosted its outlook on strong store traffic, customer loyalty and optimism about the upcoming holiday season.
Bath & Body Works Inc (NYSE:BBWI) stock is up 17.7% to trade at $36.14 at last glance -- their highest level since July -- after the retailer announced better-than-expected earnings and revenue for the third quarter.
The personal care and home fragrance giant raises guidance after third-quarter earnings beat analysts' expectations.
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