A day after reporting its second-quarter earnings after market hours, retailer Bath & Body Works’ (NYSE:BBWI) shares rose by 10.5% Thursday thanks to the estimates-crushing numbers the company posted.
So what
For the quarter, Bath & Body Works’ revenue landed just shy of $3.32 billion, which was a powerful 43% higher year over year. On the bottom line, the retailer — previously known as L Brands — flipped dramatically into the black with a profit of nearly $374.2 million ($1.34 per share) against the year-ago loss of almost $50 million.