Bath & Body Works Reports Strong Q1 Results, Beats Analyst Estimates by $0.07 and $10M Respectively
May 19, 2023
Trending News ☀️
The company has reported non-GAAP earnings per share (EPS) of $0.33, which is $0.07 higher than analysts’ expectations.
In addition, the revenue of $1.4B was also higher than the estimated figure by $10M. The company offers a wide range of products including body care, home fragrances, and personal care items, as well as a variety of seasonal and limited-edition items. The company’s success can be credited to its strategy of focusing on customer experience and providing unique offerings in its stores. This strategy has enabled it to expand its customer base and capture a larger share of the market. As a result of its strong performance, Bath & Body Works ($NYSE:BBWI) is expected to continue its impressive growth trajectory in the coming quarters.
Earnings
BATH & BODY WORKS recently reported its earnings for the first quarter of FY 2023 on January 31, 2023. Compared to the same period in the previous year, BATH & BODY WORKS experienced a 4.6% decrease in total revenue and a 27.0% decrease in net income.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BBWI. More…
| Total Revenues | Net Income | Net Margin |
| 7.56k | 800 | 10.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BBWI. More…
| Operations | Investing | Financing |
| 1.14k | -328 | -1.56k |
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 |
| 5.49k | 7.7k | -11.68 |
Key Ratios Snapshot
Some of the financial key ratios for BBWI are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -16.3% | 12.1% | 18.4% |
| FCF Margin | ROE | ROA |
| 10.8% | -32.7% | 15.8% |
Market Price
On Thursday, BATH & BODY WORKS stock opened at $36.9 and closed at $37.7, soar by 10.7% from the previous closing price of $34.0. Live Quote…
Analysis
GoodWhale has conducted an analysis of BATH & BODY WORKS’s financials and has determined it to be a medium risk investment. Our Risk Rating takes into account factors such as the company’s liquidity, capital structure and profitability, allowing us to get a better idea of the business’s financial health. In terms of financial and business risks, we have detected two warnings in the company’s income sheet and balance sheet. To view these warnings, you must first become a registered user. When you do so, you will be able to access more detailed information about BATH & BODY WORKS’s financials and make more informed decisions when considering investing in this company. More…
Peers
The competition among Bath & Body Works Inc, Ulta Beauty Inc, Five Below Inc, and O’Reilly Automotive Inc is fierce. All four companies are vying for the top spot in their respective industries, and each has its own unique strengths and weaknesses. Bath & Body Works Inc is the largest retailer of beauty products in the United States, while Ulta Beauty Inc is the largest beauty retailer in the world. Five Below Inc is a discount retailer that offers a wide variety of products, including beauty products, at extremely low prices. O’Reilly Automotive Inc is a leading retailer of automotive parts and accessories.
– Ulta Beauty Inc ($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
This news caused the stock price to increase the same day. Overall, this indicates that investor confidence in the company is high and that Bath & Body Works is doing well financially.
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