An update from Bath & Body Works ( ($BBWI) ) is now available.
Bath & Body Works, Inc. announced a strong third quarter for 2024, with net sales reaching $1.6 billion, a 3% increase, and earnings per share of $0.49, both surpassing expectations. The company attributes this success to innovation in core products and effective marketing strategies. Despite anticipating a decline in fourth-quarter sales due to a shorter fiscal calendar, the company has raised its full-year guidance, signaling confidence in continued growth amid a challenging retail landscape.
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