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BATH & BODY WORKS, INC.

(BBWI)
  Report
Delayed Nyse  -  04:03:42 2023-02-08 pm EST
44.21 USD   -3.49%
02/06UBS Adjusts Bath & Body Works Price Target to $58 From $54, Maintains Buy Rating
MT
02/03Bath & Body Works Maintains Quarterly Dividend at $0.20 Per Share, Payable March 3 to Shareholders of Record Feb. 17
MT
02/03Bath & Body Works Declares Cash Dividend
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Nonprofit Besa Announces 2022 Award Winners

12/02/2022 | 05:55am EST

Bath & Body Works Named Corporate Partner of the Year

COLUMBUS, Ohio - Bath & Body Works is proud to be recognized as Besa's 2022 Corporate Partner of the Year. Besa, a Columbus, Ohio-based nonprofit 501(c)(3), makes giving back easy and transformative to power a wave of civic engagement that lifts us all.

For more than 30 years, Bath & Body Works has been dedicated to improving the communities where they do business and are focused on making a positive difference in the lives of their associates, their customers and their community. Since 2018, Bath & Body Works has partnered with Besa to engage more than 1,800 associates in nearly 10,000 volunteer hours and $250,000 worth in community impact. And over the past year, associate volunteer projects at Bath & Body Works increased by 25%; volunteer hours increased by 47%; and the impact of the company's volunteer dollars increased by 59%.

"Bath & Body Works is proud to work with Besa, and we're honored to be recognized as their 2022 Corporate Partner of the Year," said Rhoe Fields, Associate Vice President of Community Relations for Bath & Body Works. "For us, our purpose goes beyond selling products. This award highlights our commitment and passion to giving back to our community."

"Bath & Body Works exhibits a culture of giving that is world-class - and world-changing," said Besa CEO Matthew Goldstein. "They consistently explore needs and find creative ways to fill them, whether it's collecting school supplies for children or donating personal hygiene items for women escaping abuse. And when unexpected emergencies arise, they meet the moment -- whether it's with financial support, products or people power. Their efforts to uplift the community set the bar for companies not just in Columbus but nationwide."

Bath & Body Works is proud to support nonprofit organizations that provide critical resources to their communities. Through grants and volunteer programs, Bath & Body Works partners with organizations committed to improving the lives of people in underserved and underrepresented communities.

To learn more about community outreach and impact at Bath & Body Works, visit bbwinc.com.

ABOUT BATH & BODY WORKS

Home of America's Favorite Fragrances®, Bath & Body Works is a global leader in personal care and home fragrance, including the #1 selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Powered by agility and innovation, the company's predominantly U.S.- based supply chain enables the company to deliver quality, on-trend luxuries at affordable prices. Bath & Body Works serves and delights customers however and wherever they want to shop, from welcoming, in-store experiences at more than 1,785 company-operated Bath & Body Works locations in the U.S. and Canada and more than 390 international franchised locations to an online storefront at bathandbodyworks.com.

ABOUT BESA

Besa is a Columbus-based nonprofit dedicated to powering a wave of civic engagement that lifts us all. We fulfill critical needs by connecting people to community service. Every day, we make giving back easy-and transformative.

Founded in 2012, Besa has forged partnerships with businesses, individuals, nonprofits and government institutions to mobilize people around community needs and curate projects that provide powerful, positive impact. Through philanthropic engagement strategies for businesses, meaningful volunteer opportunities for individuals and innovative collaborations with nonprofits, Besa builds authentic, purposeful relationships.

For more information, please contact:

Bath & Body Works, Inc.:

Media Relations

Emmy Beach

Communications@bbw.com

KEYWORDS: Besa, Bath & Body Works, Corporate Partner of the Year

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

All news about BATH & BODY WORKS, INC.
02/06UBS Adjusts Bath & Body Works Price Target to $58 From $54, Maintains Buy Rating
MT
02/03Bath & Body Works Maintains Quarterly Dividend at $0.20 Per Share, Payable March 3 to S..
MT
02/03Bath & Body Works Declares Cash Dividend
AQ
02/03Bath & Body Works, Inc. Declares Cash Dividend, Payable on March 3, 2023
CI
01/31Jefferies Adjusts Price Target on Bath & Body Works to $52 From $45, Maintains Buy Rati..
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01/06Wells Fargo Downgrades Bath & Body Works to Equalweight From Overweight, Trims Price Ta..
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01/05UBS Adjusts Bath & Body Works Price Target to $54 From $50, Maintains Buy Rating
MT
01/03Bath & Body Works Appoints Heather HollanderáVice President, Investor Relations
AQ
2022Third Point Reports 6% Stake in Bath & Body Works; Says It May Seek Board Changes
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2022Third Point LLC Provides Information to the Shareholders
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Analyst Recommendations on BATH & BODY WORKS, INC.
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Financials (USD)
Sales 2023 7 469 M - -
Net income 2023 724 M - -
Net Debt 2023 3 742 M - -
P/E ratio 2023 14,2x
Yield 2023 1,81%
Capitalization 10 098 M 10 098 M -
EV / Sales 2023 1,85x
EV / Sales 2024 1,77x
Nbr of Employees 32 850
Free-Float 91,3%
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TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 21
Last Close Price 44,21 $
Average target price 51,95 $
Spread / Average Target 17,5%
EPS Revisions
Managers and Directors
Julie Rosen President
Wendy C. Arlin Chief Financial Officer & Executive Vice President
Sarah Elizabeth Nash Non-Executive Chairman
Michael G. Morris Independent Director
Stephen D. Steinour Lead Independent Director
Sector and Competitors