BUZZ-Bath & Body Works falls after TD Cowen cuts PT citing muted sales, tariff impact

Reuters
2025/08/20
BUZZ-Bath & Body Works falls after TD Cowen cuts PT citing muted sales, tariff impact 

** Shares of personal care retailer Bath & Body Works BBWI.N down about 1% at $29.78 in afternoon trading

** Brokerage TD Cowen cuts PT to $38 from $48

** Says even with Q2 beat, BBWI may keep full-year forecast unchanged due to consumer uncertainty and tariff pressures

** "We acknowledge BBWI faces the normalization of promotions, and higher supply chain costs, which are expected to weigh on margins," brokerage says

** Eleven of 15 brokerages rate LULU "buy" or "higher", four "hold" ; their median PT is $40 — data compiled by LSEG

** Including session's moves, stock down about 23% YTD

(Reporting by Anshi Sancheti in Bengaluru)

((Anshi.Sancheti@thomsonreuters.com))

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