Cwm LLC sells 409 Bath & Body Works, Inc. (BBWI) shares while Wedmont Private Capital and Boltwood Capital Management bought new positions. There were also insider sales, with Director Sarah Nash selling 48000 shares and another director selling over $1.99 million in company stock. Bath & Body Works has seen both rallies and slides this year. Despite beating earnings and having strong stock performance on several trading days, disappointing guidance led to a stock drop. The stock has also been underperforming when compared to competitors. Vanguard Group Inc. purchased a large number of shares and BBWI's upcoming dividend is being anticipated. Various investment firms have significant stakes, including Goldman Sachs Group Inc. and PNC Financial Services Group Inc. Bath & Body Works is seeking to return to growth and has outpaced earnings with its growth rate. The Q4 and 2023 full-year results surpassed expectations. However, subsequent weak outlooks saw the stock slide. The company has recently collaborated with Accenture to elevate customer experiences and has released several other new product collections, including the Bridgerton Collection.
Bath Body Works BBWI News Analytics from Fri, 22 Sep 2023 07:00:00 GMT to Sun, 23 Jun 2024 17:27:16 GMT -
Rating 2
- Innovation -3
- Information 7
- Rumor -2
