Bath & Body Works: Fiscal Q2 Earnings Snapshot

COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Bath & Body Works, Inc. (BBWI) on Wednesday reported fiscal second-quarter earnings of $118 million.

The Columbus, Ohio-based company said it had profit of 58 cents per share. Earnings, adjusted for non-recurring costs, were 62 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The owner of Victoria's Secret, Bath & Body Works and other chain stores posted revenue of $1.51 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $1.5 billion.

For the current quarter ending in October, Bath & Body Works expects its per-share earnings to range from 7 cents to 12 cents.

The company expects full-year earnings in the range of $2.60 to $2.80 per share.

Bath & Body Works shares have declined 12% since the beginning of the year. The stock has dropped 44% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BBWI at https://www.zacks.com/ap/BBWI