Bath & Body Works (BBWI) reported second-quarter 2026 net sales of $1.514 billion, down 2.3% from a year earlier, while net income rose to $118 million from $64 million. Diluted earnings per share were $0.58, compared with $0.30 in the prior-year quarter.
The company raised full-year 2026 diluted EPS guidance to $3.13 to $3.33 and narrowed its net sales outlook to a decline of 4% to 2.5%.
- Direct U.S. and Canada sales increased 3.0% to $275 million.
- International and other sales increased 24.9% to $108 million.
- Second-quarter operating income was $216 million, versus $157 million a year earlier.
- Reported results included about $80 million of tariff refunds received during the quarter.
- Third-quarter net sales are forecast to decline 5% to 2.5%, with diluted EPS projected at $0.05 to $0.10.
$BBWI Hedge Fund Activity
We have seen 242 institutional investors add shares of $BBWI stock to their portfolio, and 288 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC removed 3,398,898 shares (-30.8%) from their portfolio in Q2 2026, for an estimated $78,616,510
- CITADEL ADVISORS LLC added 3,033,642 shares (+146.4%) to their portfolio in Q2 2026, for an estimated $70,168,139
- BALYASNY ASSET MANAGEMENT L.P. removed 2,546,419 shares (-75.7%) from their portfolio in Q2 2026, for an estimated $58,898,671
- FOREST AVENUE CAPITAL MANAGEMENT LP removed 2,211,826 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $41,294,791
- D. E. SHAW & CO., INC. added 1,959,607 shares (+34.0%) to their portfolio in Q2 2026, for an estimated $45,325,709
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,726,879 shares (+inf%) to their portfolio in Q2 2026, for an estimated $39,942,711
- PACER ADVISORS, INC. added 1,697,273 shares (+inf%) to their portfolio in Q2 2026, for an estimated $39,257,924
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
