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Bath & Body Works Sees Steeper Sales Drop on Slowing Demand

Bath & Body Works Sees Steeper Sales Drop on Slowing Demand

Bath & Body Works on Wednesday warned of a steeper decline in annual sales as Americans deferred purchasing its pricier home fragrances and personal care products amid still-high inflation pinching household budgets.

Shares of the Ohio-based company fell about 2 percent in premarket trading after the retailer forecasted current-quarter sales and profit below Street expectations.

A rise in costs of living and credit repayments at higher…


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Russia-Ukraine War: Prigozhin Listed as Passenger on Plane That Crashed, Killing All Aboard

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