Bath & Body Works, Inc. (BBWI)
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-11-04
$22.08-6.20%
Close 2026-11-05 · 1-day change
NYSEConsumer DiscretionarySpecialty RetailSnapshot 2026-11-04
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 | -49.3% |
| Our one-year growth estimate | diamond |
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.
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
Usually moved in the opposite direction.
Price observations: 365 days
Most sensitive to the broad stock market and long-term interest rates.
Based on historical daily prices through 2026-11-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
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.
| 16.5% |
Growth built into the price is above our model estimate.
The price assumes 65.8 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-04 · Compared with 11 industry peers
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: Q2 sales fell 2.3%, and management sees business trends as pressured. Q3 sales will test whether the decline is easing.
Watch forQ3 net sales decline 2.5% or less year over year, within the top end of guidance.
Also watch forQ3 net sales decline more than 5% year over year, below the bottom end of guidance.
Why it matters: Direct sales rose 3.0% in Q2, the first growth since 2021. Continued growth would back management’s digital progress claim.
Supportive ifQ3 Direct net sales rise year over year, extending Q2’s 3.0% growth.
Worry ifQ3 Direct net sales fall year over year after Q2 growth.
Why it matters: Management raised its free cash flow goal from about $600 million to $650 million. The year-end result will test cash generation.
Supportive ifReported fiscal 2026 free cash flow reaches or exceeds $650 million.
Worry ifReported fiscal 2026 free cash flow falls below the prior $600 million goal.
Why it matters: Q2 adjusted EPS included about $80 million in tariff refunds. Q3 results can show earnings without that refund boost.
Watch forQ3 adjusted EPS is above $0.12, the top of the company’s range.
Also watch forQ3 adjusted EPS is below $0.07, the bottom of the company’s range.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
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 | ±$230 on $10,000 · ±2.3% | How much price usually moves either way. |
| Bad day | $562 loss on $10,000 · 5.6% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,636 loss on $10,000 · 36.4% | 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.