BBWI - Bath & Body Works Non-GAAP EPS of $1.86 beats by $0.24 revenue of $2.89B beats by $80M introduces FY23 and Q1 outlook
- Bath & Body Works press release ( NYSE: BBWI ): Q4 Non-GAAP EPS of $1.86 beats by $0.24 .
- Revenue of $2.89B (-4.6% Y/Y) beats by $80M .
- The company expects first quarter net sales to decline low- to mid-single digits compared to $1.450 billion in 2022. First quarter earnings from continuing operations per diluted share are expected to be between $0.17 and $0.27, compared to $0.64 earnings from continuing operations per diluted share in the first quarter of 2022 vs consensus of $0.44
- For fiscal 2023, the company is forecasting flat net sales to a mid-single digit decline compared to $7.560 billion in 2022. Full-year 2023 earnings from continuing operations per diluted share is expected to be between $2.50 and $3.00, compared to $3.40 in 2022 vs consensus of $3.64.
- Shares -4.51% PM.
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Bath & Body Works Non-GAAP EPS of $1.86 beats by $0.24, revenue of $2.89B beats by $80M, introduces FY23 and Q1 outlook