Bath & Body Works Faces Securities Class Actions Over Adjacencies Disclosures

Overview

• Multiple plaintiff firms announced filed securities class actions against Bath & Body Works, citing investor losses tied to the company’s public statements on growth initiatives.
• One case is pending in the U.S. District Court for the Southern District of Ohio, captioned Lingam v. Bath & Body Works, Inc., et al., No. 2:26-cv-00039.
• Complaints assert violations of Sections 10(b) and 20(a) of the Exchange Act, alleging the adjacencies, collaborations and promotions strategy did not expand the customer base as represented.
• Filings point to two market-moving disclosures: a Q2 2025 guidance cut on August 28, 2025 linked to a 6.9% share drop, and a November 20, 2025 update noting adjacencies had not grown the customer base with a 24.8% decline.
• Notices identify a proposed class period from June 4, 2024 through November 19, 2025, with lead‑plaintiff deadlines reported as March 13, 2026 and March 16, 2026, depending on the case.