Bath & Body Works (NYSE:BBWI) Releases Q1 Earnings Guidance

Bath & Body Works (NYSE:BBWI) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.36-0.43 for the period, compared to the consensus estimate of $0.42. Bath & Body Works also updated its FY26 guidance to $3.25-360 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft increased their price target on Bath & Body Works from $51.00 to $52.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Piper Sandler increased their price target on Bath & Body Works from $36.00 to $39.00 and gave the stock a “neutral” rating in a report on Monday, January 6th. Telsey Advisory Group restated an “outperform” rating and set a $43.00 price target on shares of Bath & Body Works in a report on Thursday, February 27th. Cowen reiterated a “buy” rating on shares of Bath & Body Works in a report on Thursday, February 27th. Finally, JPMorgan Chase & Co. set a $47.00 target price on Bath & Body Works in a report on Thursday, February 27th. Five equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $45.06.

Bath & Body Works Price Performance

Shares of Bath & Body Works stock opened at $29.29 on Thursday. Bath & Body Works has a 1 year low of $26.20 and a 1 year high of $52.99. The firm has a market cap of $6.34 billion, a PE ratio of 7.14, a P/E/G ratio of 0.92 and a beta of 1.89. The stock has a fifty day moving average price of $36.72 and a 200-day moving average price of $34.07.

Bath & Body Works (NYSE:BBWI) last announced its earnings results on Thursday, February 27th. The company reported $2.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.04 by $0.05. Bath & Body Works had a negative return on equity of 44.03% and a net margin of 12.43%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.78 billion. As a group, equities analysts anticipate that Bath & Body Works will post 3.3 EPS for the current fiscal year.

Bath & Body Works Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 21st were given a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 2.73%. The ex-dividend date of this dividend was Friday, February 21st. Bath & Body Works’s dividend payout ratio is presently 21.98%.

Bath & Body Works announced that its Board of Directors has initiated a stock repurchase plan on Thursday, February 27th that allows the company to buyback $500.00 million in shares. This buyback authorization allows the company to purchase up to 6.4% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.

About Bath & Body Works

Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.