Of 21 surveyed analysts covering the firm, 14 have given the stock a Buy or Strong Buy rating, and the other seven rate the shares a Hold. The company operates about 1,750 company-owned locations and 300 franchised locations worldwide under brand names Bath & Body Works, White Barn, C.O. Since the spin-off, the company’s stock is down about 6%. Over the past 12 months, L Brands/Bath & Body Works stock has jumped by almost 180%.
Here is a look at four companies reporting after markets close on Wednesday.Įarlier this month, the company formerly known as L Brands spun off its Victoria’s Secret business into a separate company and renamed itself Bath & Body Works Inc. We have already previewed four reports set for release first thing Wednesday morning: Analog Devices, Lowe’s, Target and TJX. Home Depot, Sea and Walmart reported results Tuesday morning that were disappointing, encouraging, and just okay, respectively. After markets closed Monday, Roblox and Tencent Music reported results that were less than hoped for.
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