Bath & Body Works, Inc. (NYSE:BBWI) shares are trading lower on Wednesday.
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%) missed the street view of $1.543 billion.
“We are leveraging our agile business model to navigate the dynamic retail environment. We are poised to meet their demand through our good, better, best assortment, which offers exceptionally crafted products and fragrances at price points for everyone,” Gina Boswell, CEO of Bath & Body Works, said.
The company’s second-quarter results included a $39 million pre-tax gain ($25 million net of tax of $14 million) related to the sales of ...
