Bath & Body Works Seen at Breathe-Out Moment -- Market Talk

Dow Jones

2024/11/26

1733 ET - Bath & Body Works's positive commentary around a "normalization" should offer a breathe-out moment for the retailer, as its lighter quarterly gross margins shows it isn't out of the woods yet, BMO Capital Markets analyst Simeon Siegel says in a research note. This is especially important at a moment when management works to execute a strong holiday season for what BMO continues to believe remains an under-earnings and undervalued business, Siegel says. Shares closed up 17%, to $35.78. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

November 25, 2024 17:33 ET (22:33 GMT)

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This is especially important at a moment when management works to execute a strong holiday season for what BMO continues to believe remains an under-earnings and undervalued business, Siegel says. Shares closed up 17%, to $35.78. 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This is especially important at a moment when management works to execute a strong holiday season for what BMO continues to believe remains an under-earnings and undervalued business, Siegel says. Shares closed up 17%, to $35.78. 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This is especially important at a moment when management works to execute a strong holiday season for what BMO continues to believe remains an under-earnings and undervalued business, Siegel says. Shares closed up 17%, to $35.78. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 25, 2024 17:33 ET (22:33 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}