Why Specialty Retailer Bath & Body Works' Stock Is Sliding Today

Why Specialty Retailer Bath & Body Works' Stock Is Sliding Today

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Bath & Body Works Inc BBWI reported a third-quarter FY23 sales decline of 2.7% year-on-year to $1.562 billion, marginally beating the analyst consensus estimate of $1.560 billion. Revenue from the U.S. and Canada stores decreased 1% Y/Y to $1.17 billion, International stores fell 5% to $77…

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