Company News, Financial News

Second Quarter Sales Expect to Drop for Bath & Body Works

Second quarter sales will be down 6 to 7% compared to last year versus its previous guidance for a low single-digit percent increase compared to 2021.

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By: Lianna Albrizio

Associate Editor

Bath & Body Works, Inc. expects second quarter sales to be down 6 to 7% compared to last year versus its previous guidance for a low, single-digit-percent-increase compared to 2021.    The company expects second quarter earnings from continuing operations per diluted share to be $0.40 to $0.42 versus its previous guidance of $0.60 to $0.65.   “Our business continues to perform at levels significantly above pre-pandemic, although we are navigating a challenging operating and ...

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