Alert: New Earnings Report (11/16/23)-Bath & Body Works Inc (NYSE: BBWI).

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Bath & Body Works Inc (NYSE: BBWI) has reported earnings for its third fiscal quarter (ending October 31) of $0.52 versus $0.40 for the same period a year ago — an increase of 30%. For the latest four quarters through October 31, E.P.S. were $3.18 versus $3.88 for the same period a year ago — a decline of -18%.

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Recent Price Action

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Bath & Body Works Inc (NYSE: BBWI) stock suffered a very large decline of -7.4% on 11/16/23. The shares closed at $30.10. The stock has performed in line with the market over the last nine months and has declined -4.7% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, BBWI is expected to be an important Value Eraser.

Bath & Body Works is currently unrated.

Rating Review

The stock is currently unrated.

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