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BBWI Plummets Despite Q1 Beat
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Impact of Q2 Guidance on Stock Performance

Bath & Body Works (NYSE: BBWI) stock plunged over 13% in Tuesday's trading session, despite the company reporting better-than-expected Q1 FY2024 earnings. The sell-off was primarily driven by the retailer's disappointing Q2 and full-year guidance, which overshadowed its strong start to the fiscal year.

Bath & Body Works' stock experienced a sharp decline of over 7% in pre-market trading following the release of the company's Q2 FY2024 guidance, which fell short of Wall Street's expectations.

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6 months ago