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Bath & Body Works Q1 Outlook: $1.33B - $1.368B Vs. $1.38B Estimate, $0.28 - $0.33 Vs. $0.39 Estimate

Author: Benzinga Newsdesk | February 29, 2024 08:11am

The company expects first quarter 2024 net sales to decline 4.5% to 2.0% compared to $1.396 billion in 2023. First quarter earnings per diluted share is expected to be between $0.28 and $0.33, compared to $0.35 and adjusted earnings per diluted share of $0.33 in the first quarter of 2023.   The company's first quarter outlook includes the anticipated impact of approximately $75 million of cash deployed towards share repurchases.

Posted In: BBWI

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