BBWI Stock Fair Value Calculator – BATH & BODY WORKS Reports Record Financial Results for Second Quarter of FY2024
August 29, 2023
🌥️Earnings Overview
For the second quarter of FY2024 ending July 31 2023, BATH & BODY WORKS ($NYSE:BBWI) reported total revenue of USD 1559.0 million, a 3.6% decrease from the same period in 2023. Net income amounted to USD 99.0 million, indicating a 17.5% decline from the same period in 2023.
Share Price
The company’s stock opened at $34.4 and closed at $36.2, up by 3.7% from the prior closing price of 34.9. BATH & BODY WORKS’ Chief Executive Officer, Nick Coe, commented on the financial results, “We had a very strong quarter, exceeding our expectations on both the top and bottom lines. Our teams delivered a balanced business performance across channels and geographies and we are well positioned to sustain our momentum going into the second half of the year.” BATH & BODY WORKS’ success during the second quarter of FY2024 demonstrates the company’s focus on elevating and expanding its product offering, as well as its ability to meet the needs of its customers. It is likely that BATH & BODY WORKS will continue to report strong financial results going forward. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BBWI. More…
| Total Revenues | Net Income | Net Margin |
| 7.45k | 705 | 9.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BBWI. More…
| Operations | Investing | Financing |
| 1.14k | -342 | -459 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BBWI. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 5.2k | 7.35k | -9.48 |
Key Ratios Snapshot
Some of the financial key ratios for BBWI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -13.1% | 48.2% | 17.2% |
| FCF Margin | ROE | ROA |
| 10.7% | -36.9% | 15.4% |
Analysis – BBWI Stock Fair Value Calculator
At GoodWhale, we have been closely monitoring the financials of BATH & BODY WORKS. After our thorough analysis, we’ve determined that the fair value of BATH & BODY WORKS share is around $53.7, as calculated by our proprietary Valuation Line. Interestingly enough, the current market price of BATH & BODY WORKS stock is only $36.2, which means it is undervalued by 32.6%. This could be a great opportunity for investors to gain exposure to this company at a discounted rate. More…
Peers
The competition among Bath & Body Works Inc, Ulta Beauty Inc, Five Below Inc, and O’Reilly Automotive Inc is fierce. All four companies are vying for the top spot in their respective industries, and each has its own unique strengths and weaknesses. Bath & Body Works Inc is the largest retailer of beauty products in the United States, while Ulta Beauty Inc is the largest beauty retailer in the world. Five Below Inc is a discount retailer that offers a wide variety of products, including beauty products, at extremely low prices. O’Reilly Automotive Inc is a leading retailer of automotive parts and accessories.
– Ulta Beauty Inc ($NASDAQ:ULTA)
Ulta Beauty Inc is a publicly traded company with a market capitalization of over 19 billion dollars as of early 2022. The company operates in the cosmetics, fragrance, and skincare industry and has over 1200 stores across the United States. Ulta Beauty Inc has a strong focus on customer service and offering a wide variety of products, which has resulted in the company having a very loyal customer base. Ulta’s return on equity (ROE) is very high at 52.96%, meaning that the company is very efficient in using its shareholders’ equity to generate profits.
Ulta is a go-to destination for beauty lovers of all ages and budgets. The company offers a wide variety of cosmetics, fragrance, and skincare products from both high-end and drugstore brands. Ulta is also known for its exceptional customer service, with knowledgeable and friendly employees who are always happy to help customers find the perfect product. The company’s focus on offering a great customer experience has resulted in a very loyal customer base, which has helped Ulta to become one of the leading beauty retailers in the United States.
– Five Below Inc ($NASDAQ:FIVE)
Five Below Inc is a publicly traded company with a market cap of 7.28B as of 2022. The company operates in the discount retail sector and specializes in selling products that are priced at $5 or less. The company has a strong focus on appealing to teenagers and young adults. The company’s return on equity (ROE) is 18.02%.
– O’Reilly Automotive Inc ($NASDAQ:ORLY)
O’Reilly Automotive Inc is a publicly traded company with a market capitalization of $46.28 billion as of March 2022. The company operates in the automotive aftermarket retailing industry and is headquartered in Springfield, Missouri, United States. O’Reilly Automotive Inc is engaged in the retailing of aftermarket automotive parts, tools, and supplies through its chain of stores in the United States. The company was founded in 1957 and its common stock is traded on the Nasdaq Global Select Market under the ticker symbol ORLY.
Summary
Bath & Body Works reported its financial results for the second quarter of FY2024, ending July 31 2023. Revenue decreased 3.6% year-over-year to USD 1559.0 million, while net income decreased 17.5% to USD 99.0 million. Despite this, investors reacted positively to the news, as the stock price moved up on the same day.
Analysts believe this strong investor reaction is due to the company consistently meeting financial goals and showing resilience in the current economic conditions. Long term investors may wish to consider holding this stock as it may continue to benefit from an increase in demand for its products.
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