Categories Consumer, Earnings

Earnings Summary: Bath & Body Works reports Q1 2024 financial results

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

ADBE Earnings: Adobe reports higher Q2 earnings; results beat estimates

Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in second-quarter 2024 revenue and earnings. The results also topped expectations. Second-quarter revenues came in at $5.31 billion,

Dollar Tree (DLTR): A look at the discount retailer’s growth initiatives at its namesake banner

Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were down over 1% on Thursday. The stock has dropped 24% year-to-date. The company delivered sales and GAAP earnings growth for the first

Key highlights from Signet Jewelers’ (SIG) Q1 2025 earnings results

Signet Jewelers Limited (NYSE: SIG) reported first quarter 2025 earnings results today. Sales decreased 9.4% year-over-year to $1.5 billion. Sales were down 9.6% on a constant currency basis. Same-store sales

Add Comment
Viewing Highlight