澳洲幸运5官方开奖结果体彩网

Bath & Body Works Stock Sinks on Warning China Tariffs Would Impact Results

Bath & Body Works store

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Key Takeaways

  • Bath & Body Works warned that tariffs on Chinese goods would negatively affect its full-year results.
  • CEO Gina Boswell also noted that the retail industry faced "complex challenges."
  • The company's guidance offset better-than-expected fourth-quarter profit and sales.

Bath & Body Works (BBWI) shares tumbled 10% Thursday as the personal care and home fragrance retailer warned that new tariffs and soft consumer spending would hurt future results.

The company sees full-year 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) between $3.25 and $3.60, with net sales growth of 1% to 3%. Analysts surveyed by Visible ꦛAlpha were looking for EPS of $3.66 and a sa🥂les increase of 3.02%.

Bath & Body Works noted that the guidance "reflects the impact of recently enacted tariffs on goods imported from China and excludes potential impacts from other possible tariff changes."

Q4 Results Exceed Expectations

The outlook offset strong fourth-quarter results. Bath & B🌞ody Works posted EPS of $2.09 on sales of $2.79 billion that fell more than 4% but also exceeded forecasts.

CEO Gina Boswell said that despite "complex challenges facing the broader retail sector, we ended the second half of the year strong."

Shares of Bath & Body Works have lost more than 20% of their value over the last year.

BBWI

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