Touchstone
Last syncNov 1, 2026, 6:55 PM ET

BBWI

Bath & Body Works, Inc. Consumer Discretionary Retail-Retail Stores, NEC Russell 3000
$22.77Close $4.6BMarket cap $14.41 – $23.9552-week range Nov 19, 2026Next report

Highlights

Strengths

  • Near its high 5% below its 52-week high
  • Earnings growing EPS +93% year on year, faster than the quarter before (+7 pts)

Cautions

  • Not in an uptrend 4 of 8 trend conditions
  • Extended 6.0 ATR above its 50-day average

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Jan 31, 2026 · filed Aug 26, 2026
Off 12-month high 5%
1wk up 8.7% price change
1mo up 43.0% price change
12-month return down 1% market up 11% · its own down 15%
F-score 5 / 9 Mixed
Altman Z″ 0.91 Moderate riskadjusted
P/E 7.1× price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield up 15.6% EBIT / enterprise value
Cheaper than 97% of the market · markedly cheap
Revenue growth 0% year on year
EPS growth up 93% latest quarter · +7 pts
Sales growth down 2% latest quarter · +1 pts
ROE — return on equity
Free cash margin up 12% $865.0M FCF
D/E — long-term debt / equity
Net debt / EBITDA 2.4×
Interest cover 4.1×EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • took on more long-term debt
  • short-term liquidity weakened
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • no new shares issued
  • assets working harder

Repair signals

  • Long-term debt down 7% ($3.9B → $3.6B)

Trade setup

ATR% 3.8% $0.86 a day · 2×ATR $21.04
RS 60 / 99 vs the universe
Trend 4 / 8 trend template
Relative volume 0.9× vs 50-day average
Up/down volume 0.92 50 sessions
Implied move — no option chain · report Nov 19, 2026
Trend template · 4 of 8
  • Price above the 150 and 200-day averages: passes
  • 150-day average above the 200-day: fails
  • 200-day average rising for a month: fails
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: passes
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Liabilities exceed assets Shareholders' equity is negative at -$1.3B as of Jan 31, 2026. What is left for shareholders after creditors is, on the balance sheet, less than nothing.
  • Revenue shrinking Revenue fell 0.2% over the year, from $7.3B to $7.3B.
Last reported Aug 26, 2026
Results reaction Aug 26, 2026+5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $7.3B -0.2% on FY2025
$0 $10B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $6.4B FY2022 · $7.9B FY2023 · $7.6B FY2024 · $7.4B FY2025 · $7.3B FY2026 · $7.3B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $649.0M -19% on FY2025
$0 $2B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $844.0M FY2022 · $1.3B FY2023 · $800.0M FY2024 · $878.0M FY2025 · $798.0M FY2026 · $649.0M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $865.0M +31% on FY2025
$0 $2B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · $1.8B FY2022 · $1.2B FY2023 · $816.0M FY2024 · $656.0M FY2025 · $660.0M FY2026 · $865.0M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 44%
  • Net 9%
  • Free cash 12%
0% 50% FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Gross 48% · Net 13% · Free cash 28% FY2022 · Gross 49% · Net 17% · Free cash 16% FY2023 · Gross 43% · Net 11% · Free cash 11% FY2024 · Gross 44% · Net 12% · Free cash 9% FY2025 · Gross 44% · Net 11% · Free cash 9% FY2026 · Gross 44% · Net 9% · Free cash 12%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $2.7B net debt
  • Cash
  • Long-term debt
$0 $10B FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · Cash $3.6B · Long-term debt $6.4B FY2022 · Cash $2.0B · Long-term debt $4.9B FY2023 · Cash $1.2B · Long-term debt $4.9B FY2024 · Cash $1.1B · Long-term debt $4.4B FY2025 · Cash $674.0M · Long-term debt $3.9B FY2026 · Cash $953.0M · Long-term debt $3.6B
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 201m -27.7% since FY2021
278m 201m FY21 FY22 FY23 FY24 FY25 FY26 FY2021 · 278m FY2022 · 254m FY2023 · 229m FY2024 · 225m FY2025 · 216m FY2026 · 201m
  FY2021Jan 30, 2021 FY2022Jan 29, 2022 FY2023Jan 28, 2023 FY2024Feb 3, 2024 FY2025Feb 1, 2025 FY2026Jan 31, 2026
Revenue $6.4B $7.9B $7.6B $7.4B $7.3B $7.3B
Gross margin 48% 49% 43% 44% 44% 44%
Operating income $1.6B $2.0B $1.4B $1.3B $1.3B $1.1B
Net income $844.0M $1.3B $800.0M $878.0M $798.0M $649.0M
Net margin 13% 17% 11% 12% 11% 9%
Earnings per share $3.00 $4.88 $3.43 $3.83 $3.61 $3.11
Free cash flow $1.8B $1.2B $816.0M $656.0M $660.0M $865.0M
Free cash margin 28% 16% 11% 9% 9% 12%
Cash $3.6B $2.0B $1.2B $1.1B $674.0M $953.0M
Long-term debt $6.4B $4.9B $4.9B $4.4B $3.9B $3.6B
Shareholders' equity -$662.0M -$1.5B -$2.2B -$1.6B -$1.4B -$1.3B
Shares outstanding 278m 254m 229m 225m 216m 201m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 26, 2026 Quarterly ↗ Aug 1, 2026 25d
May 27, 2026 Quarterly ↗ May 2, 2026 25d
Mar 12, 2026 Annual ↗ Jan 31, 2026 40d
Nov 20, 2025 Quarterly ↗ Nov 1, 2025 19d
Aug 28, 2025 Quarterly ↗ Aug 2, 2025 26d
May 29, 2025 Quarterly ↗ May 3, 2025 26d
Mar 14, 2025 Annual ↗ Feb 1, 2025 41d
Nov 26, 2024 Quarterly ↗ Nov 2, 2024 24d
Aug 28, 2024 Quarterly ↗ Aug 3, 2024 25d
Jun 4, 2024 Quarterly ↗ May 4, 2024 31d
Mar 22, 2024 Annual ↗ Feb 3, 2024 48d
Dec 1, 2023 Quarterly ↗ Oct 28, 2023 34d

Current reports

FiledDisclosed
Sep 23, 2026 Director or officer change ↗
Aug 26, 2026 Results · Regulation FD ↗
Jul 20, 2026 Regulation FD ↗
Jun 15, 2026 Shareholder vote ↗
May 27, 2026 Results · Director or officer change · Regulation FD ↗
Mar 4, 2026 Results · Regulation FD ↗
Mar 3, 2026 Regulation FD ↗
Feb 25, 2026 Director or officer change ↗
Nov 20, 2025 Results · Regulation FD ↗
Aug 28, 2025 Results · Regulation FD ↗
Jun 5, 2025 Shareholder vote ↗
May 29, 2025 Results · Regulation FD ↗