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BBWI — Bath & Body Works News Story

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Bath & Body Works jumps on upbeat quarterly results

BUZZ-Bath & Body Works jumps on upbeat quarterly results  

** Shares of Bath & Body Works BBWI.N up 11% at $19.70 premarket

** Co beats Wall Street estimates for first-quarter sales and profit helped by strong demand for its scented candles and personal care products

** Logs Q1 net sales of $1.38 billion compared with analysts' estimates of $1.36 bilion - data compiled by LSEG

** Posts Q1 adjusted EPS of 32 cents vs. estimate of 29 cents

** Maintains forecast for an annual sales decline of 2.5% to 4.5%, adjusted EPS between $2.40 and $2.65

** Says Eva Boratto will step down from role as CFO; names insider Tom Javitch as interim CFO, effective June 12

** As of last close, stock down 11% YTD


(Reporting by Koyena Das from Bengaluru)

((Koyena.das@thomsonreuters.com))

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