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CompareEarnings: Jul 1, 2026

Bath & Body Works Inc

Exchange: NYSESector: Consumer CyclicalIndustry: Specialty Retail

L Brands, Inc., formerly Limited Brands, Inc operates in the specialty retail business. The Company is a specialty retailer of women's intimate and other apparel, beauty and personal care products and accessories. It operates in two segments: Victoria's Secret and Bath & Body Works. It sells its merchandise through Company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through Websites, catalogue and international franchise, license and wholesale partners. It operates in brands, such as Victoria's Secret, Victoria's Secret Pink, Bath & Body Works, La Senza, and Henri Bendel. Its business for both the Victoria's Secret and Bath & Body Works segments is principally conducted from office, distribution and shipping facilities located in the Columbus, Ohio area. As of February 2, 2013, it operated 2,619 retail stores located in leased facilities, primarily in malls and shopping centers, throughout United States.

Did you know?

BBWI's revenue grew at a 5.1% CAGR over the last 6 years.

Current Price

$18.57

-3.93%

GoodMoat Value

$33.72

81.6% undervalued
Profile
Valuation (TTM)
Market Cap$3.80B
P/E5.86
EV$7.80B
P/B—
Shares Out204.72M
P/Sales0.52
Revenue$7.29B
EV/EBITDA5.53

Bath & Body Works Inc (BBWI) Company Profile

GoodMoat Analysis

Based on data as of March 26, 2026

Bath & Body Works is a dominant specialty retailer of fragrant body care and home products, trading at a low P/E of 5.7x and a high free cash flow yield of 23.2%. While its brand strength and niche dominance provide a moat, the business faces significant cyclical and competitive risks that a value investor must weigh carefully.

Read full analysis
Bath & Body Works Inc. operates a vast retail network selling its own brand of fragrant body lotions, soaps, home fragrances, and sanitizers. Its primary customers are value-conscious consumers, predominantly in North America, who shop both in its roughly 1,700 stores and online. Using the GoodMoat framework, the company's primary competitive advantages (Section 1: Moat Identification) appear to be its **Brand & Culture** (high awareness in its niche) and **Niche Dominance** as the leading player in the accessible fragrance-focused body care segment. However, it likely scores low on other moat criteria like high switching costs, proprietary data, or significant scale privilege versus larger retailers. Key risks (Section 5: Red Flags) are pronounced. The business exhibits high **Macro Sensitivity** as a consumer cyclical retailer, and faces **Competitive Erosion** risk from both mass-market retailers and direct-to-consumer brands. The current valuation metrics are striking: a P/E of 5.7x and a Free Cash Flow Yield of 23.2% suggest the market prices in significant decline. For a value investor, the appeal lies in this deep valuation discount and the company's still-strong 15.4% operating margin, but the investment case hinges on whether the brand's moat is durable enough to withstand the pressures flagged by the framework. Analysis based on data as of 2024-05-15.

BBWI Company Information

L Brands, Inc., formerly Limited Brands, Inc operates in the specialty retail business. The Company is a specialty retailer of women's intimate and other apparel, beauty and personal care products and accessories. It operates in two segments: Victoria's Secret and Bath & Body Works. It sells its merchandise through Company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through Websites, catalogue and international franchise, license and wholesale partners.

It operates in brands, such as Victoria's Secret, Victoria's Secret Pink, Bath & Body Works, La Senza, and Henri Bendel. Its business for both the Victoria's Secret and Bath & Body Works segments is principally conducted from office, distribution and shipping facilities located in the Columbus, Ohio area.

As of February 2, 2013, it operated 2,619 retail stores located in leased facilities, primarily in malls and shopping centers, throughout United States.

Sector

Consumer Cyclical

Industry

Specialty Retail

Exchange

NYSE

Country

Ohio, USA

BBWI Key Officers

Key officers data coming soon

BBWI Company Profile

Bath & Body Works Inc (BBWI) is a Consumer Cyclical company in the Specialty Retail industry, listed on NYSE. Headquartered in Ohio, USA.

L Brands, Inc., formerly Limited Brands, Inc operates in the specialty retail business. The Company is a specialty retailer of women's intimate and other apparel, beauty and personal care products and accessories. It operates in two segments: Victoria's Secret and Bath & Body Works. It sells its merchandise through Company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through Websites, catalogue and international franchise, license and wholesale partners. It operates in brands, such as Victoria's Secret, Victoria's Secret Pink, Bath & Body Works, La Senza, and Henri Bendel. Its business for both the Victoria's Secret and Bath & Body Works segments is principally conducted from office, distribution and shipping facilities located in the Columbus, Ohio area. As of February 2, 2013, it operated 2,619 retail stores located in leased facilities, primarily in malls and shopping centers, throughout United States.

Market capitalization: $3.80B. Shares outstanding: 204.7M. Dividend yield: 4.39%.

View the complete company profile for Bath & Body Works Inc on GoodMoat, including key officers, financial metrics, sector classification, and investment analysis tools. Use the profile alongside GoodMoat's DCF calculator, fair value models, and quality score to evaluate whether BBWI is a sound investment opportunity.