Bath & Body Works Inc. (NYSE: BBWI), a provider of personal care and home fragrance products, announced financial results for the fourth quarter of 2023.
- The company reported net sales of $2.91 billion for Q4, an increase of 0.8% from $2.89 billion posted in the prior-year period
- Earnings from continuing operations per share was $2.55, vs. $1.86 per share in the same period of the prior year
- Fourth-quarter operating income was $696 million, compared to $653 million last year; net income from continuing operations rose to $579 million from $428 million in Q4 2022
- Adjusted net income from continuing operations was $469 million or $2.06 per share during the three months
- For fiscal 2024, the company forecasts net sales change to range between a decline of 3.0% to flat, compared to last year
- Full-year 2024 earnings per share is expected to be between $3.00 and $3.35
- The company expects first-quarter 2024 net sales to decline 4.5-2.0%; Q1 earnings per share are expected to be between $0.28 and $0.33
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
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was