Company News, Financial News

Net Sales for Bath & Body Works Decrease 4% in Q1 2023

Net sales were $1.39 billion, compared with the prior-year quarter of $1.45 billion.

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By: Lianna Albrizio

Associate Editor

Bath & Body Works, Inc. reported net sales of $1.396 billion for the first quarter ended April 29, 2023, a decrease of 4% compared to net sales of $1.450 billion for the first quarter ended April 30, 2022.   The company reported earnings per diluted share of $0.35 for the first quarter of 2023, compared to $0.64 for the same period of the prior year. First quarter operating income was $181 million compared to $280 million last year, and net income was $81 million compared to $155 mi...

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