🔴 Bath & Body Works is trading 4.3% down today on cautious third-quarter guidance

Bath & Body Works is trading 4.3% down at $18.08 after investors focused on cautious third-quarter guidance and weak store traffic despite a second-quarter earnings beat.

• Adjusted EPS reached $0.62, helped by approximately $80 million in tariff refunds; sales declined 2.3% year over year.
• Management forecast third-quarter sales down 5% to 2.5% and adjusted EPS of $0.07–$0.12.
• The company-specific decline follows the initial post-earnings jump on August 26, while broader markets are higher.