{ "ok": true, "cik": "701985", "ticker": "BBWI", "name": "BATH & BODY WORKS, INC.", "filings": [ { "form": "8-K", "filed": "2026-09-23", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/701985/000119312526399454/0001193125-26-399454-index.htm" }, { "form": "10-Q", "filed": "2026-08-26", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/701985/000070198526000029/0000701985-26-000029-index.htm" }, { "form": "8-K", "filed": "2026-08-26", "items": [ "2.02 Results of Operations and Financial Condition", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/701985/000070198526000025/0000701985-26-000025-index.htm" }, { "form": "8-K", "filed": "2026-07-20", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/701985/000070198526000021/0000701985-26-000021-index.htm" }, { "form": "8-K", "filed": "2026-06-15", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/701985/000070198526000018/0000701985-26-000018-index.htm" }, { "form": "10-Q", "filed": "2026-05-27", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/701985/000070198526000014/0000701985-26-000014-index.htm" } ], "events12m": 9, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000701985.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=701985" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up BATH & BODY WORKS, INC. ($BBWI). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-09-23. 9 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2026-01-31", "revenue": 7291000000, "revenueGrowth1y": -0.0021896811276858053, "revenueGrowthPerYear": -0.019270507970966633, "yearsOfData": 5, "operatingMargin": 0.1544369770950487, "operatingMarginPrior": 0.1732585192281374, "netMargin": 0.08901385269510355, "operatingCashFlow": 1102000000, "capitalSpending": 237000000, "freeCashFlow": 865000000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 953000000, "longTermDebt": 3892000000, "longTermDebtChange": 0.002059732234809486, "revenueHistory": [ { "fiscalYearEnd": "2022-01-29", "revenue": 7882000000 }, { "fiscalYearEnd": "2023-01-28", "revenue": 7560000000 }, { "fiscalYearEnd": "2024-02-03", "revenue": 7429000000 }, { "fiscalYearEnd": "2025-02-01", "revenue": 7307000000 }, { "fiscalYearEnd": "2026-01-31", "revenue": 7291000000 } ], "totalEquity": -1281000000, "totalAssets": 5069000000, "equityRatio": -0.25271256658117974, "returnOnEquity": null, "dividendsPaid": 167000000, "payoutRatio": 0.2573189522342065, "dividendPerShare": 0.8, "dividendYearsRising": 0, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 3.12, "sharesOutstanding": 209000000, "bookValuePerShare": -6.1291866028708135, "revenuePerShare": 34.88516746411483, "range80": { "low": 6155253007.426316, "high": 8128246806.366832, "baseline": 7239256227.23815, "n": 4599, "band": "b1", "bandLabel": "$1B–10B", "method": "v4.1", "credibility": 0.5714285714285714, "growthYears": 5, "ownVolatility": 0.10049887820662581, "classVolatility": 0.07701947805587882, "volatility": 0.09117964848360847 }, "ifPaceHeld": { "low": 6155253007.426316, "high": 8128246806.366832 } }, "edgarette": "🔖 Exposure: revenue $7.3B (FY2026), total debt $3.9B. Experience: revenue down 0.2% on the year, down 1.9% a year over 4 years; operating margin 15.4%, down from 17.3%. Soundness: equity -25.3% of assets (liabilities exceed assets), payout 25.7% of profit. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.2B and $8.1B next year (method v4.1: its own 5-year record of growth weighed at 57% against $1B–10B filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $5.6B to $9.0B. A range, not a forecast. Against peers (11 filers, $50M+ revenue, retail-retail stores, nec): operating margin 15.4% against a 0.2% median; growth -0.2% against -0.4%.", "peers": { "sic": 5990, "sicDescription": "Retail-Retail Stores, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "5990", "growth": [ -0.0042, 11 ], "opMargin": [ 0.0021, 11 ], "equityRatio": [ 0.3063, 10 ] }, "summary": "Bath & Body Works (BBWI) saw revenue fall 0.2% in FY2026 to $7.3 billion, operating margin 15.4% against a 0.2% median for retail-retail stores, nec, equity -25.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
BATH & BODY WORKS, INC. against its own record and its peers
Operating marginPeer median 0.2%15.4%Revenue, on the yearPeer median -0.4%-0.2%Equity of assetsPeer median 30.6%-25.3%Payout of profit25.7%Gold tick: the median of 10–10 peers with $50M+ revenue in retail-retail stores, nec
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit25.7% paid out74.3% keptHanded back per share$0.8Revenue growth it managed-0.2%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 12, "rate": 0.8, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-24T14:18:45.443Z", "hash": "6b5dea489a50ee25", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Bath & Body Works (BBWI) saw revenue fall 0.2% in FY2026 to $7.3 billion, operating margin 15.4% against a 0.2% median for retail-retail stores, nec, equity -25.3% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2026-01-31", "revenue": 7291000000, "totalDebt": 3892000000, "cash": 953000000 }, "experience": { "revenueGrowth1y": -0.0021896811276858053, "revenueGrowthPerYear": -0.019270507970966633, "operatingMargin": 0.1544369770950487, "operatingMarginPrior": 0.1732585192281374, "netMargin": 0.08901385269510355, "freeCashFlow": 865000000 }, "soundness": { "equityRatio": -0.25271256658117974, "returnOnEquity": null, "payoutRatio": 0.2573189522342065, "dividendPerShare": 0.8, "dividendYearsRising": 0, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 5990, "sicDescription": "Retail-Retail Stores, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "5990", "growth": [ -0.0042, 11 ], "opMargin": [ 0.0021, 11 ], "equityRatio": [ 0.3063, 10 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 6155253007.426316, "high": 8128246806.366832, "baseline": 7239256227.23815, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 4599, "sizeBand": "$1B–10B", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.571, "growthYears": 5, "ownVolatility": 0.10049887820662581, "classVolatility": 0.07701947805587882, "pricedVolatility": 0.09117964848360847, "k": 3 }, "stress": { "low": 5560920078.483311, "high": 8997849446.580984, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 12, "rate": 0.8, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2013": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 1, 1 ], "2018": [ 1, 1 ], "2019": [ 1, 1 ], "2020": [ 0, 1 ], "2021": [ 0, 1 ], "2022": [ 0, 1 ], "2023": [ 1, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ], "2026": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-24T14:18:45.443Z", "hash": "6b5dea489a50ee25", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000701985.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=701985" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }