Reported about 10 hours ago
Bath & Body Works has revised its annual sales and profit forecasts downward, anticipating impacts from U.S. tariffs on Chinese imports and a decline in consumer spending on fragrances and candles. The company expects fiscal 2025 sales growth between 1% to 3%, below analysts' predictions. Despite challenges, it reported holiday-quarter profits exceeding estimates, attributed to effective marketing aimed at younger shoppers.
Source: YAHOO