Bath & Body Works Inc
BBWI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !@ | LOCK|@S | LOCK|>^G%ZD |
Bath & Body Works: CEO Update and Preliminary First-Quarter Results Fail to Sway Our Valuation
Bath & Body Works disclosed that Daniel Heaf would become the new CEO, replacing Gina Boswell. At the same time, the firm reported limited first-quarter results of $1.4 billion in sales and $0.49 in EPS, in line with our sales outlook but handily surpassing our $0.39 EPS estimate.
