Bath & Body Works Boosts Full-Year Forecast Following Q3 Revenue Growth

The retailer exceeded earnings expectations, citing strong innovation and international expansion as key drivers of its performance.

Bath & Body Works reported Q3 revenue of $1.61 billion, a 3% increase from the previous year, surpassing analysts’ expectations of $1.58 billion.
Net income for the quarter was $106 million, down from $119 million a year earlier, but earnings per share of 49 cents exceeded Wall Street estimates of 47 cents.
The company raised its full-year sales forecast, now expecting a decline of 1.7% to 2.5%, compared to its prior estimate of a 2% to 4% drop.
Bath & Body Works credited its success to product innovation, including new fragrance collections and selective collaborations, as well as its positioning as an affordable luxury brand.
The retailer continues its international expansion, recently opening its 500th global store in London, with operations now spanning six continents and 40 countries.