Bath & Body Works Inc. (NYSE: BBWI), a provider of personal care and home fragrance products, announced financial results for the first quarter of 2024.
- The company reported net sales of $1.38 billion for Q1, a decrease of 1% $1.40 billion reported in the year-ago quarter
- First-quarter earnings per share increased to $0.38 from $0.35 in the same period of fiscal 2023
- Net income came in at $87 million in the April quarter, compared to $81 million in the corresponding period last year
- On an adjusted basis, Q1 earnings per share rose 15% annually to $0.38 from $0.33 a year earlier
- Adjusted net income rose to $87 million from $76 million in Q1 2023
- First-quarter operating income was $187 million, vs. $181 million in the prior-year period
- For fiscal 2024, the company forecasts net sales to range between a decline of 2.5% to flat, vs. $7.43 billion in 2023
- Full-year earnings per share is expected to be between $3.05 and $3.35
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Everything you need to know about OS Therapies’ upcoming IPO
There has been a strong uptick in IPO activity this year compared to 2023 when the market witnessed a slowdown. In the first half, the number of IPOs grew in
Fastenal (FAST) likely to report modest Q2 results as demand woes persist
Over the years, Fastenal Company (NASDAQ: FAST) has maintained its dominance in the industrial fastener market, aided by its diverse product offering and large market share. As it gears up
Key takeaways from Constellation Brands’ (STZ) Q1 2025 earnings report
Shares of Constellation Brands, Inc. (NYSE: STZ) dropped over 3% on Wednesday after the company delivered mixed results for the first quarter of 2025. Earnings beat expectations while revenue fell
