BUZZ-Bath & Body Works jumps on upbeat quarterly results
Bath & Body Works, Inc.
Bath & Body Works, Inc. BBWI | 0.00 |
** Shares of Bath & Body Works BBWI.N up 11% at $19.70 premarket
** Co beats Wall Street estimates for first-quarter sales and profit helped by strong demand for its scented candles and personal care products
** Logs Q1 net sales of $1.38 billion compared with analysts' estimates of $1.36 bilion - data compiled by LSEG
** Posts Q1 adjusted EPS of 32 cents vs. estimate of 29 cents
** Maintains forecast for an annual sales decline of 2.5% to 4.5%, adjusted EPS between $2.40 and $2.65
** Says Eva Boratto will step down from role as CFO; names insider Tom Javitch as interim CFO, effective June 12
** As of last close, stock down 11% YTD
