BBWI - Bath & Body Works Clings To Q1 Profit Growth Amid Shaky International Sales: Details | Benzinga
Bath & Body Works Inc (NYSE:BBWI) reported a first-quarter FY24 sales decline of 0.9% year-on-year to $1.38 billion, beating the analyst consensus estimate of $1.36 billion.
The change in year-over-year net sales benefited by approximately 200 basis points from the shifted fiscal calendar, as expected, offset by an impact of approximately 170 basis points resulting from weaker-than-expected results from certain international markets.
Gross profit increased 1.7% Y/Y to $606 million with a margin of ...