Bath & Body Works news and archive

Bath & Body Works reports drop in Q3 sales

Bath & Body Works reported net sales of 1.562 billion dollars for the third quarter, a decrease of 2.6 percent. The company’s earnings per diluted share rose to 52 cents for the quarter compared to 40 cents for the same period of the prior year. Third quarter operating income was 221 million dollars compared to 202 million dollars last year and...

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Bath & Body Works lowers sales outlook

Bath & Body Works reported net sales of 1.559 billion dollars for the second quarter, a decrease of 3.6 percent compared to the same quarter last year. The company reported earnings per diluted share of 43 cents for the quarter compared to 52 cents for the same period of the prior year. Second quarter operating income was 188 million dollars...

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Bath & Body Works names Maurice Cooper chief customer officer

Bath & Body Works has announced the appointment of Maurice Cooper to the newly created role of chief customer officer, effective May 22. Cooper has been tasked with executing a strategy to strengthen and elevate the brand, including growing and retaining the retailer’s customer base through the development of personalised end-to-end experiences....

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Bath & Body Works CFO to step down, Thilina Gunasinghe joins as CTO

Bath & Body Works, Inc. has announced changes to its leadership team. Thilina Gunasinghe has been named chief digital & technology officer, effective April 17, 2023. Wendy Arlin, the company said in a release, will step down as chief financial officer, effective July 29, 2023, or earlier if a successor is named. Additionally, the company has...

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Bath & Body Works appoints Thomas Kuhn as independent board member

Bath & Body Works, Inc. has appointed Thomas J. Kuhn, an experienced lawyer, finance executive and board member, as a new independent member of the board, effective March 10, 2023. Kuhn is currently managing member of Doorbrook LLC and formerly held senior roles at investment banking firm Allen & Company LLC and the law firm of Covington &...

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Bath & Body Works Q4 sales and earnings decline

Bath & Body Works, Inc. reported net sales of 2.889 billion dollars for the fourth quarter, a decrease of 5 percent. The company’s earnings per diluted share reached 1.86 dollars for the fourth quarter of 2022, compared to 2.27 dollars for the same period of the prior year. Fourth quarter operating income was 652.7 million dollars compared to...

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The Hershey Company CFO joins Bath & Body Works board of directors

Bath & Body Works, Inc. has appointed Steve Voskuil, currently senior vice president and chief financial officer at The Hershey Company, as a new independent member of the company’s board of directors. Voskuil, the company said in a release, is a highly accomplished executive with over 30 years of experience who brings global consumer products...

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Lucy Brady joins Bath & Body Works board of directors

Bath & Body Works, Inc. announced that Lucy Brady, currently president, Grocery & Snacks at Conagra Brands, Inc. has been appointed as a new independent member. Brady brings extensive consumer products industry experience focused on business transformation through digital and technological innovation. Commenting on the new appointment, Sarah...

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Heather Hollander joins Bath & Body Works as VP investor relations

Bath & Body Works, Inc. announced the appointment of Heather Hollander as vice president, investor relations, effective immediately. Hollander, the company said in a release, will be responsible for leading the company’s investor relations program, including engagement with shareholders, investors and the analyst community. She will report to...

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Bath & Body Works raises earnings forecast

Bath & Body Works reported net sales of 1.60 billion dollars for the third quarter ended October 29, 2022, a decrease of 5 percent compared to the third quarter of last year but an increase of 46 percent compared to the third quarter of 2019. The company is forecasting fourth quarter earnings per diluted share between 1.45 dollars and 1.65...

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Beauty industry veteran Gina Boswell to join Bath & Body Works as CEO

Bath & Body Works, Inc. board of directors has voted unanimously to appoint Gina Boswell as the chief executive officer, effective December 1, 2022. The company said in a release that Sarah E. Nash, who has served as executive chair of the board since February 2022 and interim chief executive officer since May 2022, will remain executive chair...

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Kelie Charles joins Bath & Body Works as chief diversity officer

Kelie Charles has joined Bath & Body Works as VP, chief diversity officer. The company said in a release that Charles will be the principal diversity, equity and inclusion leader and strategist for the company, working closely with associates and senior leadership to continue to evolve and refine the company’s journey to becoming an even more...