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BBWI News and Press, Bath & Body Works Inc Com From 02/23/23

Stock Information

Company Name: Bath & Body Works Inc Com
Stock Symbol: BBWI
Market: NYSE
Website: bbwinc.com

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BBWI - Bath & Body Works stock falls on soft profit forecast

Bath & Body Works ( NYSE: BBWI ) stock slipped in premarket trading on Thursday after projecting lighter than expected profits for 2023. The specialty retailer reported $1.86, coming in $0.24 better than consensus expectations. A 4.6% decline in revenue to $2.89B also came...

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 ...

BBWI - Bath & Body Works Reports Fourth Quarter and Full-Year 2022 Sales and Earnings Results

COLUMBUS, Ohio, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today reported fourth quarter and full-year 2022 results. Gina Boswell, CEO of Bath & Body Works, commented, “The team delivered better-than-expected earnings results despite a challenging ...

BBWI - Bath & Body Works gains as Third Point plans proxy fight (update)

Update 10:50pm: Adds Bath & Body Works comment. Bath & Body Works ( NYSE: BBWI ) rose 3% after activist fund Third Point said it planned to start a proxy fight against the soap and fragrance company targeted at alleged excessive executive pay and lagging financial perfor...

BBWI - Bath & Body Works Comments on Announcement of Intent to Nominate Directors by Third Point

COLUMBUS, Ohio, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) today issued the following statement in response to an announcement by Third Point LLC (“Third Point”) that it intends to nominate candidates to stand for election to the Bath & Body Works...

BBWI - Third Point Announces Plan to Nominate Director Candidates at Bath & Body Works

Believes Shareholders Urgently Need Representation in the Boardroom Highlights a Series of Serious Corporate Governance Failures, Including Awarding Board Chair an $18 million Pay Package for “Part-Time” Interim CEO Work in 2022 States Shareholders Deserve Responsibl...

BBWI - Bath & Body Works gains on report activist Third Point plans proxy fight

Bath & Body Works ( NYSE: BBWI ) rose 3.7% on a report activist fund Third Point plans to start a proxy fight against the soap and fragrance company targeted at alleged excessive executive pay and lagging financial performance. Dan Loeb's Third Point plans to nominate candidat...

BBWI - Bath & Body Works Q4 2023 Earnings Preview

Bath & Body Works ( NYSE: BBWI ) is scheduled to announce Q4 earnings results on Thursday, February 23rd, before market open. The consensus EPS Estimate is $1.62 (-29.6% Y/Y) and the consensus Revenue Estimate is $2.81B (-7.3% Y/Y). Over the last 2 years, BBWI has beaten...

BBWI - Bath & Body Works Appoints Steve Voskuil to Board of Directors

COLUMBUS, Ohio, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (NYSE: BBWI) announced today that Steve Voskuil, currently Senior Vice President and Chief Financial Officer at The Hershey Company, has been appointed as a new independent member of the Company’s Board of Direct...

BBWI - Q4 2022 U.S. Retail Scorecard - Update Feb. 20, 2023

Summary To date, 103 of the 201 companies in our Retail/Restaurant Index have reported their EPS results for Q4 2022, representing 51% of the index. All eyes are on Walmart and Home Depot as they kick off Q4 retail earnings season. Walmart’s e-commerce is expected to grow a r...

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