2023-08-23 06:08:30 ET
- Bath & Body Works press release ( NYSE: BBWI ): Q2 Non-GAAP EPS of $0.40 beats by $0.06 .
- Revenue of $1.56B (-3.6% Y/Y) misses by $10M .
- The company expects third quarter net sales to decline 2.5% to 4.0% compared to $1.604 billion in the third quarter of 2022. Third quarter earnings per diluted share are expected to be between $0.30 and $0.40, compared to $0.40 earnings per diluted share in the third quarter of 2022.
- For fiscal 2023, the company expects net sales to decline 1.5% to 3.5% compared to $7.560 billion in 2022. The company now expects full-year 2023 earnings per diluted share to be between $2.85 and $3.15, compared to $3.40 in 2022. The company expects full-year 2023 adjusted earnings per diluted share to be between $2.80 and $3.10.
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Bath & Body Works Non-GAAP EPS of $0.40 beats by $0.06, revenue of $1.56B misses by $10M