Bath & Body Works Tops First-Quarter Views; CFO to Step Down

[출처/시간] MT Newswires - 10:45 AM ET, 05/27/2026

10:45 AM EDT, 05/27/2026 (MT Newswires) -- Bath & Body Works' (BBWI) fiscal first-quarter results exceeded Wall Street's estimates, while the personal care and home fragrance retailer said its chief financial officer plans to step down.

The company on Wednesday reported adjusted per-share earnings of $0.32 for the quarter ended May 2, down from $0.49 a year earlier but higher than the FactSet-polled consensus of $0.29. Sales declined 3% to $1.38 billion, while analysts expected $1.36 billion.

Shares of Bath & Body Works were up 17% intraday and turned positive for the year, with a year-to-date gain of 3.5%.

The company's turnaround strategy is working, with its impact expected to build through the year, Chief Executive Daniel Heaf said during an earnings call, according to a FactSet transcript.

Bath & Body Works CFO Eva Boratto will step down, effective June 12, to pursue another opportunity, the company said in a statement. While a search for a new CFO is underway, insider Tom Javitch will assume the role on an interim basis, according to the statement.

Bath & Body Works affirmed its fiscal 2026 adjusted EPS guidance of $2.40 to $2.65, while analysts are looking for $2.64. The company continues to expect a 2.5% to 4.5% drop in full-year net sales, while the Street is projecting a decline to $7.08 billion from the previous year's $7.29 billion.

For the second quarter, the company anticipates EPS between $0.20 and $0.25 on a 3% to 5% decline in net sales year over year. Analysts are looking for GAAP EPS of $0.21 and revenue of $1.49 billion.

Price: 20.81, Change: +3.08, Percent Change: +17.34