Bath & Body Works, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended October 30, 2021
November 17, 2021 at 04:15 pm EST
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Bath & Body Works, Inc. reported earnings results for the third quarter and nine months ended October 30, 2021. For the third quarter, the company reported sales was USD 1,680.91 million compared to USD 1,702.18 million a year ago. Net income was USD 87.81 million compared to USD 330.58 million a year ago. Diluted earnings per share from continuing operations was USD 0.66 compared to USD 0.69 a year ago. Diluted earnings per share was USD 0.33 compared to USD 1.17 a year ago.
For the nine months, sales was USD 4,854.11 million compared to USD 3,715.91 million a year ago. Net income was USD 738.61 million compared to net loss of USD 15.88 million a year ago. Diluted earnings per share from continuing operations was USD 1.74 compared to USD 1.1 a year ago. Diluted earnings per share was USD 2.67 compared to diluted loss per share of USD 0.06 a year ago.
Bath & Body Works, Inc. is an omnichannel retailer focused on personal care and home fragrance. The Company sells merchandise through its retail stores in the United States (U.S.) and Canada, and through its websites and other channels, under the Bath & Body Works, White Barn and other brand names. Its international business is conducted through franchise, license and wholesale partners. It offers a range of care and home fragrance, including collections of fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap. Its products are differentiated through a combination of fragrance, packaging and quality at accessible prices. It also sells products under its sub brands, including White Barn. Its merchandise is sold through about 1,850 Company-operated stores and e-commerce sites in U.S. and Canada, and in 485 stores and 28 e-commerce sites in more than 40 other countries operating under franchise, license and wholesale arrangements.
BATH & BODY WORKS, INC. 
