Bath & Body Works

Bath & Body Works (BBWI) Q2 2026 Earnings

Reported Aug 28, 2025 at 7:29 AM ET · SEC Source

Q2 26 EPS

$0.37

MISS 1.88%

Est. $0.38

Q2 26 Revenue

$1.55B

MISS 0.37%

Est. $1.55B

vs S&P Since Q2 26

-44.6%

TRAILING MARKET

BBWI -28.8% vs S&P +15.8%

Market Reaction

Did BBWI Beat Earnings? Q2 2026 Results

Bath & Body Works fell just short of Wall Street's expectations in the second quarter of fiscal 2026, delivering adjusted earnings per diluted share of $0.37, a narrow 1.88% miss against the $0.38 consensus estimate, while revenue of $1.55 billion ca… Read more Bath & Body Works fell just short of Wall Street's expectations in the second quarter of fiscal 2026, delivering adjusted earnings per diluted share of $0.37, a narrow 1.88% miss against the $0.38 consensus estimate, while revenue of $1.55 billion came in 0.37% below forecasts despite growing 1.5% year over year. The quarter's story was one of channel divergence, with a strong 4.9% gain in U.S. And Canadian store sales to $1.20 billion offset by a 10.1% slide in e-commerce to $267 million and a 2.9% decline in international revenue, leaving overall results in line with the high end of the company's own guidance. Higher general, administrative, and store operating expenses, which climbed to $483 million from $443 million a year ago and included $15 million in leadership transition costs, pressured operating income and contributed to the headline miss. The stock fell roughly 5% in premarket trading following the report. Looking ahead, management raised the low end of full-year adjusted EPS guidance to $3.35, keeping the high end at $3.60, while narrowing net sales growth guidance to 1.5% to 2.7% for fiscal 2025.

Key Takeaways

  • Stores - U.S. and Canada sales grew 4.9%, driving overall revenue growth
  • Revenue and adjusted EPS at the high end of guidance range
  • Gross profit increased to $640 million from $626 million year over year
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BBWI YoY Financials

Q2 2026 vs Q2 2025, source: SEC Filings

24/7 Wall St

BBWI Revenue by Segment

With YoY comparisons, source: SEC Filings

Q4 25 Q2 27

“Our team delivered a solid quarter, with revenue and adjusted earnings per share at the high end of our guidance range. Based on our strong first-half results and our confidence in our outlook, we are raising the low end of our full-year adjusted earnings per share guidance range.”

— Daniel Heaf, Q2 2026 Earnings Press Release