Bath & Body Works (BBWI) has been making various appearances in recent news. Analysts have cut forecasts having seen disappointing guidance and a bad quarter from the company. Shares tumbled due to downbeat annual profit projections on subdued demand. The company has also lowered its full-year sales expectations. Moreover, a dip in the annual sales forecast resulted in BBWI being among the top stock movers. However, BBWI has managed to surpass expectations on several occasions with strong quarterly results. In terms of partnerships, BBWI has combined with Accenture for growth through next-gen tech and AI, they have also united with Netflix for a consumer experience centered around fragrance and beloved stories. A new product launch also occurred with the unveiling of the 2024 Halloween Collection and the ‘Bridgerton’ Collection. Investors in the company are concerned though, as they see no light at the end of the company’s tunnel and the stock was pushed down by 26%.
Bath Body Works BBWI News Analytics from Fri, 06 Oct 2023 07:00:00 GMT to Sun, 08 Sep 2024 19:08:58 GMT -
Rating -4
- Innovation 4
- Information 6
- Rumor -5
