Bath & Body Works is one of the world's leading specialty retailers and home to America's Favorite Fragrances® offering a breadth of exclusive fragrances for the body and home, including the #1 selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. For more than 30 years, customers have looked to Bath & Body Works for quality, on-trend products and the newest, freshest fragrances. Today, these fragrant products can be purchased at more than 1,750 company-operated Bath & Body Works locations in the U.S. and Canada, and more than 300 international franchised locations, as well as on bathandbodyworks.com.
Company profile
Ticker
BBWI
Exchange
Website
CEO
Andrew Meslow
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
L Brands, Inc., LIMITED BRANDS INC, LIMITED INC
SEC CIK
Corporate docs
Subsidiaries
Bath & Body Works Brand Management, Inc. • Bath & Body Works Direct, Inc. • Bath & Body Works, LLC • beautyAvenues, LLC • Beauty Specialty Holding, LLC • L Brands (Overseas), Inc. • L Brands Service Company, LLC • Luxembourg (Overseas) Holdings • Retail Store Operations, Inc. ...
IRS number
311029810
BBWI stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2022 FY
Annual report
17 Mar 23
DEFA14A
Additional proxy soliciting materials
6 Mar 23
8-K
Bath & Body Works Announces Appointment of Thomas J. Kuhn to Board of Directors
6 Mar 23
DEFA14A
Additional proxy soliciting materials
27 Feb 23
DEFA14A
Additional proxy soliciting materials
23 Feb 23
8-K
Bath & Body Works Reports Fourth Quarter and Full-Year 2022 Sales and Earnings Results
23 Feb 23
DEFA14A
Additional proxy soliciting materials
21 Feb 23
8-K
Bath & Body Works Appoints Steve Voskuil to Board of Directors
21 Feb 23
DEFA14A
Additional proxy soliciting materials
13 Feb 23
8-K
Bath & Body Works Appoints Lucy Brady to Board of Directors
13 Feb 23
Transcripts
BBWI
Earnings call transcript
2022 Q4
23 Feb 23
BBWI
Earnings call transcript
2022 Q3
17 Nov 22
BBWI
Earnings call transcript
2022 Q2
18 Aug 22
BBWI
Earnings call transcript
2022 Q1
19 May 22
BBWI
Earnings call transcript
2021 Q4
24 Feb 22
BBWI
Earnings call transcript
2021 Q3
18 Nov 21
BBWI
Earnings call transcript
2021 Q2
19 Aug 21
BBWI
Earnings call transcript
2021 Q1
20 May 21
BBWI
Earnings call transcript
2020 Q4
25 Feb 21
BBWI
Earnings call transcript
2020 Q3
19 Nov 20
Financial summary
| Quarter (USD) | Jan 23 | Oct 22 | Jul 22 | Apr 22 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Jan 23 | Jan 22 | Jan 21 | Jan 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 1.23 bn | 1.23 bn | 1.23 bn | 1.23 bn | 1.23 bn | 1.23 bn |
| Cash burn (monthly) | (no burn) | 62.25 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 126.17 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 1.11 bn | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 17.8 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
7.3% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 507 |
| Opened positions | 107 |
| Closed positions | 64 |
| Increased positions | 177 |
| Reduced positions | 159 |
| 13F shares | Current |
|---|---|
| Total value | 9.18 tn |
| Total shares | 218.64 mm |
| Total puts | 4.56 mm |
| Total calls | 5.39 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 25.35 mm | $1.07 tn |
| Lone Pine Capital | 20.63 mm | $869.36 bn |
| BLK Blackrock | 16.90 mm | $712.13 bn |
| Third Point | 13.75 mm | $579.43 bn |
| STT State Street | 9.64 mm | $406.11 bn |
| T. Rowe Price Investment Management | 8.08 mm | $341.94 bn |
| Primecap Management | 5.78 mm | $243.50 bn |
| Steadfast Capital Management | 5.63 mm | $237.37 bn |
| JPM JPMorgan Chase & Co. | 5.61 mm | $237.25 bn |
| Geode Capital Management | 4.62 mm | $195.43 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 16 Mar 23 | Deon Riley | Common Stock, $0.50 par value | Payment of exercise | Dispose F | No | No | 35.25 | 1,184 | 41.74 k | 35,499 |
| 16 Mar 23 | Thomas E. Mazurek | Common Stock, $0.50 par value | Payment of exercise | Dispose F | No | No | 35.25 | 1,107 | 39.02 k | 14,176 |
| 16 Mar 23 | Wendy C. Arlin | Common Stock, $0.50 par value | Payment of exercise | Dispose F | No | No | 35.25 | 3,497 | 123.27 k | 91,072 |
| 16 Mar 23 | Julie Rosen | Common Stock, $0.50 par value | Payment of exercise | Dispose F | No | No | 35.25 | 1,399 | 49.31 k | 57,573 |
News
Piper Sandler Maintains Overweight on Bath & Body Works, Lowers Price Target to $48
23 Mar 23
Creative 29-Year-Old Makes $22K A Month Working 'Less Than 2 Hours A Day'
21 Mar 23
The Latest Analyst Ratings for Bath & Body Works
17 Mar 23
Benzinga's Top Ratings Upgrades, Downgrades For March 17, 2023
17 Mar 23
Argus Research Downgrades Bath & Body Works to Hold
17 Mar 23
Press releases
Newsweek Names Bath & Body Works to List of America's Best Loyalty Programs
9 Mar 23
CEO Gina Boswell Named One of the Most Inspirational Women Leaders by Women's Wear Daily
8 Mar 23
Bath & Body Works Announces Appointment of Thomas J. Kuhn to Board of Directors
6 Mar 23
Bath & Body Works Board of Directors Sends Letter to Shareholders Highlighting Transformative Value-Creating Actions and Responding to Third Point's Potential Proxy Contest
27 Feb 23
Bath & Body Works Reports Fourth Quarter and Full-Year 2022 Sales and Earnings Results
23 Feb 23