Bath & Body Works Reports Q1 2025 Sales Up 3%

By Ahmed Jameison • Thursday, May 29 15:22 • Permanent Link

Bath & Body Works, Inc. has reported its first quarter 2025 results, with net sales reaching $1.4 billion, reflecting a 3% increase from the same period in the previous year. Earnings per diluted share also saw a substantial rise of 29% to $0.49, surpassing the high end of the guidance range.

The company's first quarter operating income stood at $209 million, up from $187 million in the first quarter of the previous year. Net income for the quarter was reported at $105 million, compared to $87 million in the same period last year.

For the full year 2025, Bath & Body Works is maintaining its net sales guidance of 1% to 3% growth, with anticipated net sales of $7,307 million, and earnings per diluted share guidance of $3.25 to $3.60. This compares to earnings per diluted share of $3.61 and adjusted earnings per diluted share of $3.29 in fiscal 2024.

Looking ahead to the second quarter of 2025, the company expects net sales to be flat to up 2% compared to the second quarter of 2024. Earnings per diluted share for the second quarter of 2025 are anticipated to range between $0.33 and $0.38, as compared to $0.68 in the same period last year.

Bath & Body Works is also expecting to deploy approximately $300 million towards share repurchases in fiscal 2025, and to generate free cash flow of $750 million to $850 million.

The company's predominantly U.S.-based supply chain has been highlighted as a key factor in delivering quality products at affordable prices. The brand operates 1,900 company-operated locations in the U.S. and Canada, 524 international franchised locations, and an online storefront as of May 3, 2025.

The appointment of Daniel Heaf as the new CEO has been announced, effective May 16, 2025. Heaf expressed confidence in the company's ability to lead the home fragrance and beauty categories globally and accelerate growth.

Bath & Body Works will hold its first quarter earnings call at 8:30 a.m. Eastern Time on May 29, where further details about the company's performance and guidance will be discussed. Following these announcements, the company's shares moved -7.42%, and are now trading at a price of $28.22. Check out the company's full 8-K submission here.

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