Bath & Body Works (BBWI) have been recruiting new staff for the holiday season while preparing Q1 results. Despite performing strongly against market rivals, the company's stock has seen a downturn, alongside decreased RSI values. Notably, Los Angeles Capital Management LLC has sold a substantial number of BBWI shares. Earnings guidance has disappointed some traders, dampening BBWI's performance in the market. Expectations for the company's full year earnings are tense, with subdued demand being a highlighted issue. Despite this, BBWI has seen public exposure through a major partnership with Netflix. However, analysts claim that the retail giant is currently undervalued with the earnings growth failing to deliver positive returns. High debts and a perceived lack of growth pathway have raised concerns. While the Q2 results did not meet expectations, insiders have not sold shares recently. A noteworthy dividend payment of $0.20 is set for shareholders. Despite the firm's struggle with international sales, BBWI's stocks have been deemed a 'buy' by TD Cowen, even as they project downbeat full year sales.
Bath Body Works BBWI News Analytics from Fri, 06 Oct 2023 07:00:00 GMT to Fri, 13 Sep 2024 21:23:00 GMT -
Rating -2
- Innovation -4
- Information 6
- Rumor -3
