Bath & Body Works Sees Q3 Adj EPS $0.07-$0.12 vs $0.26 Est; Lowers Q3 Sales Guidance from $1.634B-$1.674B to $1.514B-$1.554B vs $1.548B Est
Bath & Body Works (NYSE:BBWI) is looking for Q3 Adj EPS of $0.07-$0.12 vs $0.26 analyst estimate. Lowers Q3 sales outlook from $1.634 billion-$1.674 billion to $1.514 billion-$1.554 billion vs $1.548 billion
Bath & Body Works expects to make much less money this quarter than experts predicted—both from selling fewer products and earning smaller profits. When a company warns that sales and earnings will be lower than expected, it's a sign the business is struggling more than people thought.
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