Bath & Body Works Reports 53.5% Increase in Profit in Q2 Earnings Release
Bath & Body Works Exceeds Revenue Guidance, Maintains Strong Performance
Bath & Body Works, Inc. [BBWI] reported a net income of $152 million for the second quarter ending on August 3, 2024. This figure marks a notable increase from the previous quarter's net income.
The company, headquartered in Columbus, Ohio, reported to SEC in an 8-K filing $0.68 earnings per share in the quarter, compared to $0.43 in the previous quarter.
Bath & Body Works, a key player in the personal care and home fragrance industry, reported a revenue of $1.526 billion in the current period. This figure represents a decrease compared to the revenue reported in the previous quarter.
Bath & Body Works' revenue for the current quarter showed a decline of 2.1% compared to the revenue reported in the same quarter of the previous year. Additionally, the company's net income in the current quarter marked a significant 53.5% increase compared to the net income reported for the same quarter of the previous year.
As of August 27, 2024 end of day trading.
