CORRECTED-BUZZ-Bath & Body Works falls on weak annual sales, profit forecasts

Reuters
02-27
CORRECTED-BUZZ-Bath & Body Works falls on weak annual sales, profit forecasts

Corrects the period to fourth quarter, not third quarter, in bullet 5

** Bath & Body Works' BBWI.N shares down 3.85% at $39.5 premarket

** Company forecasts annual net sales growth of 1% to 3%, the midpoint of which is below analysts' estimate for a 2.8% rise, according to data compiled by LSEG

** Expects full-year 2025 earnings per share of $3.25 to $3.60, compared with expectations of $3.62 per share

** Forecasts reflect the impact of recently enacted U.S. tariffs on goods imported from China but exclude potential impacts from other possible tariff changes, the company said

** Its fourth-quarter sales fall 4.3% to $2.79 billion from a year ago, narrowly beating estimates of $2.78 billion

** BBWI stock fell 10% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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