Bath & Body Works, Inc. (BBWI) commenced the trading day on a positive note, with the price surging by $1.37 to $19.41, marking a 7.59% increase from the previous close. The trading volume also spiked significantly, reaching $9.85 million, a noteworthy 175.91% above the average volume.
BBWI's latest quarterly earnings report, released on Tuesday, March 3rd, revealed an earnings per share of $2.05, surpassing the consensus estimate of $1.77. The company reported total revenue of $2.72 billion, exceeding the expected $1.35 billion.
The forward dividend yield for BBWI stands at 4.12%, with a dividend per share of 20 cents over the most recent quarter and 80 cents trailing twelve months.
BBWI exhibited a robust cash flow performance, with free cash flow amounting to $814 million and a significant net cash increase of $717 million.
The company generated $2.72 billion in revenue, resulting in a gross profit of $1.24 billion. Operating income stood at $599 million, with a net income of $403 million, translating to earnings per share of $1.9.
Key financial ratios for BBWI include a gross profit margin of 45.67%, net profit margin of 14.79%, and return on assets of 7.95%. Notably, the price-to-earnings ratio is at 2.86.
BBWI's financial position showcases total assets of $5 billion, total liabilities of $6.35 billion, and a net debt of $4 billion.
This real-time financial report highlights BBWI's strong performance and positive market reception.
Bath & Body Works, Inc. operates a specialty retailer of home fragrance, body care, and soaps and sanitizer products. The company sells its products under the Bath & Body Works, White Barn, and other brand names through specialty retail stores and websites located in the United States and Canada, as well as through international stores operated by partners under franchise, license, and wholesale arrangements. As of January 29, 2022, it operated 1,755 company-operated retail stores and 338 international partner-operated stores. The company was formerly known as L Brands, Inc. and changed its name to Bath & Body Works, Inc. in August 2021. Bath & Body Works, Inc. was founded in 1963 and is headquartered in Columbus, Ohio.