Bath & Body Works reported first-quarter sales of $1.4 billion (down 3%) and adjusted earnings per share of $0.32. Adjusted operating margin of 11% was pressured by tariffs, inflation, and investments. BBW held its 2026 outlook for a net sales decline of 4.5%-2.5% and adjusted EPS of $2.40-$2.65.
BBW is set to renegotiate leases over time. Favorably updated rent agreements, new off-mall locations, and productivity gains from updated format conversions could help boost profits.
A downshift in demand around mall retailing could further slow footfall, tempering demand. Mall locations still represented about 40% of the fleet at the end of fiscal 2025 (versus 61% in 2016).
|
Metric
|
BBWI
|
WSM
|
EL
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.64 | 22.83 | 37.78 |
Price/Book Value | — | 12.91 | 7.56 |
Price/Sales | 0.49 | 3.17 | 2.05 |
Price/Cash Flow | 3.57 | 14.52 | 23.82 |
|
Metric
|
BBWI
|
WSM
|
EL
|
|---|---|---|---|
Quick Ratio | 0.67 | 0.45 | 0.82 |
Current Ratio | 1.38 | 1.33 | 1.27 |
Interest Coverage | 4.30 | — | 1.22 |
|
Metric
|
BBWI
|
WSM
|
EL
|
|---|---|---|---|
Return on Assets (Normalized) | 15.18% | 22.57% | 5.06% |
Return on Equity (Normalized) | — | 57.16% | 24.75% |
Return on Invested Capital (Normalized) | 27.53% | 32.99% | 8.87% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
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Market Cap
|
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FIVE
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| RH Class A
RH
| Fwfcbgyt | Btn | $3B |
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United States