Bath & Body Works Analysts Cut Their Forecasts After Q2 Earnings

Bath & Body Works, Inc. BBWI reported worse-than-expected second-quarter sales results and issued FY24 adjusted EPS guidance with its midpoint below estimates. Also, the company issued third-quarter EPS guidance below estimates.The company reported the second quarter adjusted earnings per share of 37 cents, beating the analyst consensus of 36 cents. Quarterly sales of $1.526 billion (down 2.1$1.543 billion."We are leveraging our agile business model to navigate the dynamic retai ...