Why Bath & Body Works (BBWI) Stock Is Down Today

Bath & Body Works (BBWI) is down 7.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The drop appears tied to cautious positioning ahead of the company’s second-quarter results on August 26, 2026, combined with already soft near-term guidance and weak recent sentiment around the stock. This could also be because investors remain concerned that sales trends have been sluggish and that any reaffirmed turnaround timeline may take longer to gain traction.

Details:

Bath & Body Works said it plans to report second-quarter 2026 financial results before the market opens on August 26, which can pressure shares as traders de-risk ahead of an event.

In its first-quarter update, the company forecast second-quarter net sales to decline 5% to 3% year over year and earnings per share of $0.20 to $0.25, signaling a softer near-term setup.

The same first-quarter release maintained full-year 2026 guidance for declining sales and adjusted earnings below the prior year, reinforcing concern that the recovery remains uneven.

Recent analyst commentary pointed to pressured sales trends through July and mixed investor sentiment, while a downgrade earlier this month added to concerns about demand and execution.

Sources:

Bath & Body Works Investor Relations, SEC, Yahoo Finance, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$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.

$BBWI Price Targets

Multiple analysts have issued price targets for $BBWI recently. We have seen 8 analysts offer price targets for $BBWI in the last 6 months, with a median target of $22.0.

Here are some recent targets:

Kate McShane from Goldman Sachs set a target price of $19.0 on 07/08/2026
Alex Straton from Morgan Stanley set a target price of $22.0 on 07/06/2026
Ike Boruchow from Wells Fargo set a target price of $26.0 on 06/23/2026
Jonna Kim from TD Cowen set a target price of $25.0 on 05/28/2026
Adrienne Yih from Barclays set a target price of $23.0 on 05/28/2026
Dana Telsey from Telsey Advisory Group set a target price of $22.0 on 05/28/2026
Jay Sole from UBS set a target price of $19.0 on 05/20/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.