Bath & Body Works, Inc. (BBWI)
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
$19.51+2.85%
Close 2026-09-04 · 1-day change
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-09-04
QuarterlyIQ Insights · BBWI
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -42.1% |
| Our one-year growth estimate | diamond | 14.4% |
Growth built into the price is above our model estimate.
The price assumes 56.4 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Model as of 2026-09-04 · Compared with 44 industry peers · Company calendar date is not available
BBWI — debt issuance
Dated 2026-07-20
Regulation FD Disclosure. On July 20, 2026, Bath & Body Works, Inc. (the “Company”) issued a notice of partial redemption for $250 million aggregate principal amount of the Company’s outstanding 7.500% Senior Notes due 2029 (the “Notes”). The redemption date for the Notes will be August 19, 2026. The redemption price for the Notes will be equal to 101.250% of the principal amount of the Notes to be redeemed, plus accrued interest thereon to, but excluding, the redemption date. The foregoing d…
Why it matters: Changes in leadership can change company plans and how it runs.
Watch forNew CFO Tom Javitch makes changes that help financial performance.
Also watch forA CFO change can cause problems or hurt financial performance.
Why it matters: A smooth change may keep investor trust. Problems could hurt performance.
Watch forThere are no negative changes to financial guidance after the CFO change.
Also watch forThere were negative changes to financial guidance after the CFO change.
Why it matters: Leadership changes can affect strategy and execution. The new CFO's decisions will be critical for financial health.
Watch forThe new CFO implements strategies that lead to improved financial results in the next quarter.
Also watch forThe new CFO's plans lead to more drops in financial performance.
Why it matters: Management's comments will show if the strategy is working. This will help boost sales.
Watch forManagement reports strong growth in customer engagement. They also see direct sales growth.
Also watch forManagement sees ongoing pressure on sales. There are no gains in customer engagement.
Why it matters: This shows if the company's earnings recovery is struggling. A lower EPS could mean bigger problems in the transformation plan.
Worry ifAdjusted EPS in Q3 below $0.07 compared to $0.35 in Q3 2025.
Less concerning ifAdjusted EPS in Q3 above $0.12 compared to $0.35 in Q3 2025.
Why it matters: A lower EPS shows ongoing problems with making money and running operations.
Worry ifQ1 adjusted earnings per share reported below $0.24.
Less concerning ifQ1 adjusted earnings per share reported above $0.30.
Why it matters: More cash from operations shows better efficiency and profit. It is important for growth and dividends.
Supportive ifCash from operations increases above $244 million in the next quarter.
Worry ifCash from operations drops below $200 million in the next quarter.
Why it matters: Changes in free cash flow guidance show how confident management is in making cash during changes.
Watch forManagement raises free cash flow guidance above $650 million for 2026.
Also watch forManagement lowers free cash flow guidance below $600 million for 2026.
Why it matters: Changes in guidance can show how much management believes in future performance. A change may mean bigger problems.
Watch forManagement confirms or increases the net sales forecast for the full year 2026.
Also watch forManagement cuts the net sales forecast for the full year 2026 to below -4.5%.
Why it matters: This will show if the sales decline trend continues or if improvements are happening.
Worry ifQ3 net sales decline between 5% to 2.5% compared to $1,594 million in Q3 2025.
Less concerning ifQ3 net sales decline less than 2.5% or grow year over year.
Why it matters: Hitting this target shows the company can manage cash well during tough times.
Supportive ifFree cash flow was about $650 million for fiscal 2026.
Worry ifFree cash flow was much less than $600 million for fiscal 2026.
Why it matters: Higher EPS guidance means better profits. It also shows stronger operations.
Supportive ifReported EPS for 2026 raised to between $3.13 and $3.33.
Worry ifEPS guidance remains below $3.00 for 2026.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$272 on $10,000 · ±2.7% | How much price usually moves either way. |
| Bad day | $527 loss on $10,000 · 5.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $4,883 loss on $10,000 · 48.8% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.