Bath & Body Works Inc. (BBWI) shares surged 7.05% in pre-market trading following the release of its first-quarter financial results.

The significant price movement appears driven by the company reporting quarterly adjusted earnings per share of $0.32, surpassing the IBES estimate of $0.29. Furthermore, first-quarter net sales of $1,400 million exceeded the estimated $1,361 million. The company also reaffirmed its full-year 2026 guidance, forecasting adjusted earnings per diluted share between $2.40 and $2.65.

These results, which the company stated exceeded its own guidance, provided a positive signal to investors regarding its ongoing business transformation efforts and near-term financial trajectory.