Q4 26 EPS
$2.05
BEAT +15.80%
Est. $1.77
Q4 26 Revenue
$2.72B
BEAT +4.23%
Est. $2.61B
vs S&P Since Q4 26
-24.7%
TRAILING MARKET
BBWI -14.3% vs S&P +10.3%
Full Year 2026 Results
FY 26 EPS
$3.21
BEAT +8.70%
Est. $2.95
FY 26 Revenue
$7.29B
BEAT +1.55%
Est. $7.18B
Market Reaction
Did BBWI Beat Earnings? Q4 2026 Results
Bath & Body Works closed out its fiscal fourth quarter with a clear beat on both top and bottom lines, delivering adjusted earnings of $2.05 per share against a consensus estimate of $1.77, a 15.80% positive surprise, while revenue of $2.72 billion e… Read more Bath & Body Works closed out its fiscal fourth quarter with a clear beat on both top and bottom lines, delivering adjusted earnings of $2.05 per share against a consensus estimate of $1.77, a 15.80% positive surprise, while revenue of $2.72 billion edged past the $2.61 billion forecast by 4.23%. The results nonetheless reflected a business still navigating headwinds, with net sales slipping 2.3% year over year as domestic store and direct channels each declined roughly 2.5%, offset only partially by an 8.6% surge in international revenue to $91 million. A key factor shaping the quarter was CEO Daniel Heaf's ongoing "Consumer First Formula" transformation, which included an earlier-than-planned Amazon launch and a new brand identity rollout. Institutional investors appear to be watching closely, with several funds recently increasing their BBWI stakes. Looking ahead, management guided fiscal 2026 adjusted EPS to $2.40 to $2.65, well below fiscal 2025's $3.21, as the company continues absorbing transformation costs while targeting roughly $600 million in free cash flow.
Key Takeaways
- • Q4 results exceeded company guidance
- • International segment grew 8.6% in Q4
- • Consumer First Formula launched in Q3 driving innovation, brand refresh, and distribution expansion
- • Earlier-than-planned launch on Amazon marketplace
- • Rollout of new brand identity
- • Full-year operating cash flow increased to $1,102 million from $886 million
BBWI YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
BBWI Revenue by Segment
With YoY comparisons, source: SEC Filings
“Our fourth quarter results exceeded the guidance we provided. Since launching the Consumer First Formula in the third quarter, we have moved with urgency to accelerate innovation in our hero categories, refresh and modernize our brand, expand distribution, and simplify our operating model. The earlier-than-planned launch on Amazon and the rollout of our new brand identity are clear examples of our team's focused execution.”
— Daniel Heaf, Q4 2026 Earnings Press Release
BBWI Earnings Trends
BBWI vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BBWI EPS Trend
Earnings per share: estimate vs actual
BBWI Revenue Trend
Quarterly revenue: estimate vs actual
BBWI Quarterly Results
7 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 27 BEAT | $0.29 | $0.32 | +10.00% | $1.38B | +1.31% |
| Q1 27 BEAT | $0.29 | $0.32 | +10.00% | $1.38B | +1.31% |
| Q4 26 BEAT FY | $1.77 | $2.05 | +15.80% | $2.72B | +4.23% |
| FY Full Year | $2.95 | $3.21 | +8.70% | $7.29B | +1.55% |
| Q3 26 MISS | $0.40 | $0.35 | -11.88% | $1.59B | -2.37% |
| Q2 26 MISS | $0.38 | $0.37 | -1.88% | $1.55B | -0.37% |
| Q1 26 BEAT | $0.47 | $0.49 | +3.99% | $1.42B | -0.02% |
| Q4 25 BEAT FY | $2.04 | $2.09 | +2.23% | $2.79B | +0.42% |
| FY Full Year | — | $3.61 | — | $7.31B | — |