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Excluding the estimated first quarter 2021 benefit of $50 million related to government stimulus payments, net sales increased 2%.
May 19, 2022
By: Lianna Albrizio
Associate Editor
Bath & Body Works reported net sales of $1.45 billion for the first quarter ended April 30. The figure represents a decrease of 1% compared to net sales of $1.469 billion for the first quarter ended May 1, 2021. The company’s net sales in the first quarter of fiscal 2022 is on top of 53% net sales growth between fiscal 2019 and fiscal 2021. Excluding the estimated first quarter 2021 benefit of $50 million related to government stimulus payments, net sales increased 2%. ...
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