- Second Quarter EPS Forecast: Expected earnings per share (EPS) between $0.31 and $0.36, missing the estimate of $0.39.
- First Quarter Performance:
- Adjusted EPS: $0.38 vs. estimate of $0.33
- Net Sales: $1.38 billion, a decrease of 0.9% year-over-year, meeting the estimate of $1.37 billion
- Direct Sales: $261 million, below the estimate of $266.5 million
- Operating Income: $187 million, an increase of 3.3% year-over-year, above the estimate of $173.7 million
- Interest Expense: $82.0 million, a decrease of 7.9% year-over-year, slightly above the estimate of $80.8 million
- Capital Expenditure: $46.0 million, well below the estimate of $82.4 million
- Fiscal 2024 Guidance:
- Net Sales Forecast: Range between a decline of 2.5% to flat, compared to $7,429 million in fiscal 2023
- Second Quarter Net Sales: Expected to decline by 2% to flat, compared to $1,559 million in Q2 2023
- Full-Year EPS Forecast: Between $3.05 and $3.35, compared to $3.84 in 2023
- Analyst Recommendations: 12 buys, 9 holds, 0 sells
“`
A look at Bath & Body Works Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 0 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Bath & Body Works seems to have a positive long-term outlook. The company scores high in Growth, Resilience, and Momentum, which are all key indicators of a strong future performance. With strong ratings in these areas, Bath & Body Works appears to have a competitive edge in terms of expansion, adaptability, and market momentum.
Although Bath & Body Works may lack in the Value category, its high scores in Dividend, Growth, Resilience, and Momentum suggest that the company is well-positioned for long-term success. With its focus on manufacturing personal care products and serving customers worldwide, Bath & Body Works seems to have a strong foundation for future growth and sustainability in the market.
Summary: Bath & Body Works, Inc. is a company that specializes in the manufacturing of personal care products such as fragrance, gifts, body care, and bath products. With a global customer base, the company aims to provide quality products in the personal care industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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