Bath & Body Works Inc. (BBWI): Price and Financial Metrics
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BBWI Price/Volume Stats
|Current price||$30.95||52-week high||$82.00|
|Prev. close||$29.54||52-week low||$28.89|
|Day high||$31.42||Avg. volume||5,093,868|
|50-day MA||$44.04||Dividend yield||2.58%|
|200-day MA||$57.58||Market Cap||7.08B|
Bath & Body Works Inc. (BBWI) Company Bio
Bath & Body Works, LLC. is an American retailer founded in 1990 in New Albany, Ohio and has since expanded across 6 continents. It specializes in shower gels, lotions, fragrance mists, perfumes, creams, candles, and home fragrances.
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Latest BBWI News From Around the Web
Below are the latest news stories about Bath & Body Works Inc that investors may wish to consider to help them evaluate BBWI as an investment opportunity.
Shares of Ohio-based specialty retailer Bath & Body Works, Inc. (NYSE: BBWI) slipped 3.4% in after-hours trading on Wednesday, even though the company reported excellent results for the fourth quarter of 2021. Adjusted earnings rose 17% year-over-year to $2.30 per share, beating the Street’s estimate of $2.01 per share. Net sales increased 11% year-over-year to $3.03 billion, surpassing expectations of $2.65 billion. Guidance Along with the fourth-quarter results, Bath & Body also provided an outlook for the first quarter and full-year 2022. It expects EPS to lie between $0.47 and $0.55 per share in the first quarter versus the consensus estimate of $0.49 per share.
Bath & Body Works Inc. has no issue standing on its own. The Columbus-based retailer ended its 2021 with $3.02 billion in sales in its fourth quarter, an increase of 11% over fourth quarter 2020, and wrapped the year with $7.88 billion in sales, a 22% increase from 2020. CEO Andrew Meslow, on a Thursday morning call with stock analysts, called it a historic year for the company.
Bath & Body Works Inc. will be searching for a new CEO. Board Chair Sarah Nash has been appointed executive chair effective immediately and will assume the CEO role when Meslow departs in May. The board is launching a national search to find a permanent CEO. Meslow was named CEO of both Bath & Body Works (NYSE: BBI) and what was then L Brands Inc. two years ago.
Bath & Body Works Inc.'s shares fell 3.2% after hours to $48.70 after the company said Chief Executive Andrew Meslow will step down from the post and as a board member for health reasons, effective May 12.
Andrew Meslow to Step Down in May; Sarah E. Nash to Serve as Executive Chair and Interim CEOCOLUMBUS, Ohio, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Bath & Body Works, Inc. (formerly known as L Brands, Inc.) (NYSE: BBWI) today announced that Andrew Meslow will step down as Chief Executive Officer and as a member of the Board of Directors, due to health reasons, effective May 12, 2022. To facilitate a smooth transition, Sarah E. Nash, Chair of the Board of Directors, has been appointed Executive Chair,
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