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
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%