'Barington Takes New Stake in Bath & Body Works, Pushing for Sale' - Bloomberg News
https://www.bloomberg.com/news/articles/2026-09-10/barington-takes-new-stake-in-bath-body-works-pushing-for-sale
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BMO Capital analyst Kelly Crago initiates coverage on Bath & Body Works (NYSE:BBWI) with a Market Perform rating and announces Price Target of $20.
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https://www.bloomberg.com/news/articles/2026-09-10/barington-takes-new-stake-in-bath-body-works-pushing-for-sale
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Bath & Body Works (BBWI) exceeded Q2 earnings and sales expectations with adjusted EPS of 62 cents (vs. 24 cents consensus) and net sales of $1,514 million. The company returned to direct sales growth for the first time since 2021, benefiting from improved digital conversion and expanded distribution. BBWI raised its FY'26 adjusted EPS guidance to $2.60-$2.80 and free cash flow to $650 million, driving shares up 7.5%.