Bath & Body Works reports USD 1.4B sales in Q1 FY25

USA – Bath & Body Works,  an American speciality retail company in personal care and home fragrance, has announced its financial results for the quarter ended May 3, 2025, reporting USD 1.4 billion sales.

This reflects a 2.9% sales rise from USD 1.38 billion recorded during the same period last year.

The operating income reached USD 209 million, up from USD 187 million a year earlier, while net income rose to USD 105 million from USD 87 million over the same period.

The company reported an operating income of USD 209 million, up from USD 187 million in the same period last year. 

Net income also rose to USD 105 million from last year’s USD 87 million.

According to Bath and Body Works, earnings per diluted share rose to USD 0.49 in the first quarter of 2025, up from USD 0.38 during the same period last year.

Eva Boratto, CFO, Bath & Body Works, stated, “Our team delivered a strong start to the year driven by the positive customer response to our innovation in the quarter.”

“We’re effectively leveraging our predominantly U.S.-based supply chain to navigate the evolving trade environment, and I’m confident in our ability to adapt to meet the consumer where they are with fragrance innovation and high-quality product at compelling price points as we move through 2025.”

The company also maintained its full-year 2025 guidance, projecting net sales growth of 1% to 3% and earnings per diluted share between USD 3.25 and USD 3.60. 

This outlook accounts for the anticipated impact of tariff rates and includes approximately USD 300 million in share repurchases. Bath & Body Works expects to generate free cash flow between USD 750 million and USD 850 million in fiscal 2025.

In the second quarter of 2025, the company expects net sales to remain constant or rise by up to 2% compared to the USD 1.53 billion reported in the same quarter of 2024.

The company also anticipates earnings per diluted share to range between USD 0.33 and USD 0.38, reflecting the impact of current tariff rates.

Meanwhile, the company has recently appointed Daniel Heaf as the new Chief Executive Officer (CEO), effective May 16, 2025.

According to the company, Heaf will also join the Board of Directors after the conclusion of the company’s 2025 Annual Meeting of Shareholders.

Heaf, a seasoned executive with a background in global consumer brands, takes over from Gina Boswell, who stepped down from her role.

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