Bath & Body Works: Overview of Fourth Quarter Financial Results

Bath & Body Works Announces Strong Fourth-Quarter Results

Bath & Body Works, Inc., headquartered in Columbus, Ohio, revealed a net profit of $403 million for its fiscal fourth quarter.

The company reported earnings of $1.99 per share, with adjusted earnings—excluding special items—coming in at $2.05 per share.

These figures surpassed analyst expectations, as the consensus from seven Zacks Investment Research analysts had anticipated earnings of $1.77 per share.

Bath & Body Works, which operates Victoria's Secret and other retail brands, generated $2.72 billion in quarterly revenue, exceeding the $2.61 billion forecasted by five Zacks analysts.

For the full fiscal year, the company achieved a profit of $649 million, or $3.11 per share, with total revenue reaching $7.29 billion.

Outlook for the Upcoming Quarter and Year

Looking ahead to the quarter ending in April, Bath & Body Works projects earnings per share between 24 and 30 cents.

For the entire year, the company expects earnings to fall within the range of $2.40 to $2.65 per share.

Stock Performance

Since the start of the year, Bath & Body Works shares have risen by 12%. However, over the past twelve months, the stock has declined by 37%.