Company News, Financial News

Net Sales Down 5% in Second Quarter Results for Bath & Body Works

Revenue was $1.6 billion versus $1.7 billion in the prior-year quarter; company continues to navigate inflationary pressure affecting customers, business.

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By: Lianna Albrizio

Associate Editor

Bath & Body Works, Inc. reported net sales of $1.618 billion for the second quarter ended July 30. The figure represents a decrease of 5% compared to net sales of $1.704 billion for the prior-year quarter, but an increase of 45% compared to the second quarter of 2019.   The company reported earnings from continuing operations per diluted share of $0.52 for the second quarter ended July 30, compared to $0.77 for the prior-year quarter. Second quarter operating income was $241.8 milli...

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