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We recently published 10 Stocks Quietly Climbing Toward 2026. Bath & Body Works, Inc. (NYSE:BBWI) is one of the best performers on Monday.
Bath & Body Works rallied for a third day on Monday, adding 3.23 percent to finish at $20.43 apiece as investors increased their positions in retail stocks amid an expected boost in the holiday season.
With strong investor confidence, Bath & Body Works, Inc. (NYSE:BBWI) notably bucked the specialty retail sector’s decline and a mostly muted trading in the broader market.
Despite a typical spike in consumer spending during the holiday season, Bath & Body Works, Inc. (NYSE:BBWI) earlier this year expected the fourth quarter of the year to be weaker than the same period last year amid the impact of tariffs.
In its last earnings call, Bath & Body Works, Inc. (NYSE:BBWI) said that it expects net sales in the fourth quarter to be down by high single digits as compared with the $2.79 billion in the same period last year, on expectations that higher tariffs would continue to dampen consumer spending.
Earnings per share (EPS) are also targeted at $1.70, lower than the $2.09 booked in the same period a year earlier.
Copyright: serezniy / 123RF Stock Photo
For the full-year period, the company is targeting net sales to dip by low single digits, a revision from the previous 1.5 to 2.7 percent growth outlook. EPS is also pegged at $2.83 versus $3.61 last year.
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Disclosure: None. This article is originally published at Insider Monkey.