BBWI plunges as CEO warns of weak Q3 and cuts full-year outlook
Bath & Body Works shares fell 15% premarket after CEO Daniel Heaf said Q3 results came in below expectations and the company is lowering its 2025 outlook amid weak consumer trends. BBWI now expects full-year net sales to decline in the low single digits and sees adjusted EPS of at least $2.87, down from its prior $3.35 - $3.60 forecast.