Shares of Bath & Body Works Fall After Company Lowers Sales Guidance, Citing More Cautious Consumers

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Shares of Bath & Body Works Fall After Company Lowers Sales Guidance, Citing More Cautious Consumers
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Bath & Body Works lowered its second-quarter and full-year sales guidance, citing inflation and a more difficult macroeconomic environment.

The company cited inflation and a more difficult macroeconomic environment.fell Wednesday after the company lowered its sales and earnings outlook, citing a more challenging macroeconomic environment.

"Our data indicates that customers, particularly lower income customers, have become more cost conscious and are limiting purchases," the company said in a statement.Stay informed during the severe weather season with our local news and weather

 

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