
Premarket movers spotlight Micron, Zscaler, MGM and Bath & Body Works
Premarket trading saw Micron, Zscaler, MGM Resorts and Bath & Body Works among the biggest movers, with other stocks also highlighted as investors watched early action.
All articles tagged with #bath and body works

Premarket trading saw Micron, Zscaler, MGM Resorts and Bath & Body Works among the biggest movers, with other stocks also highlighted as investors watched early action.

Bath & Body Works is offering a weekend sale with up to 70% off items including hand soaps (50% off), body lotions starting at $5.95, body wash up to 65% off, candles, and SPF products, making it a prime time to stock up on summer scents and gifts.

Bath & Body Works is launching a 26‑piece Mandalorian & Grogu collection with Disney, featuring three scents—Force Flow, Bounty Hunter, and the reward member–exclusive Ice Planet—for candles, body care, hand soap, and accessories; Rewards members get online access on May 4, with in-store and online availability for non-members starting May 11, and the line includes Mandalorian-themed items like a PocketBac holder and a wallflower heater.

Bath & Body Works has raised its full-year adjusted profit forecast and anticipates a smaller decline in annual sales due to strong holiday demand and new product offerings, including its winter fragrance range. The company's shares rose 12% in premarket trading as it reported a 3% increase in third-quarter sales, surpassing estimates. Bath & Body Works expects net sales to decrease by 1.7% to 2.5% for 2024, an improvement from its previous forecast, and adjusted earnings per share between $3.15 and $3.28.

Stocks making significant moves in premarket trading include Intel, GameStop, and Bath & Body Works, among others.

Bath & Body Works is gearing up for its 12th Annual Candle Day event, taking place on December 2nd and 3rd. Loyalty program members will have early access on December 1st. This event offers the lowest prices of the season on over 150 three-wick candles, both in-store and online. Customers have made Candle Day a holiday tradition, with some even coordinating outfits. Tips for the event include buying online, joining the rewards program for early access, and utilizing the new Buy Now, Pay Later option. The exact pricing for the 2023 event has not been announced yet.

Bath & Body Works' stock is down as lowered guidance outweighs strong earnings. Despite reporting positive earnings, the company's stock took a hit due to a revised outlook for future performance.

Walmart beats earnings and revenue expectations, raises full-year guidance; Netflix shares jump after optimistic upfront presentation; Bath & Body Works reports better-than-expected earnings and raises full-year guidance; Alibaba's stock slips after mixed earnings report and plans to spin-off cloud division; Nvidia shares hit new 52-week high ahead of earnings announcement.

Bath and Body Works beat earnings expectations and raised its guidance, causing its stock to surge over 10% in premarket trading. While sales and net income fell year over year, the retailer is now expecting full year 2023 earnings per share to be between $2.70 and $3.10. The company attributed the rosier guidance to "better-than-expected" earnings and the impact of an early debt pay off in the first quarter. Margins dropped, but were better than expected and topped above pre-Covid levels.

Walmart's shares rose over 1.5% after raising its full-year forecast and reporting an almost 8% gain in sales for the fiscal first quarter. Take-Two Interactive surged 14% after posting better-than-expected revenue for its fiscal fourth quarter. Bath & Body Works saw its stock surge nearly 10% after posting stronger-than-expected earnings and revenue for the latest quarter. Cisco Systems lost 4% after reporting a 23% decline in orders for the fiscal third quarter. Regional bank stocks rose before the bell, building on Wednesday's gains.

Bath & Body Works was downgraded by Piper Sandler, causing shares to fall over 3%. Charles Schwab was downgraded by Redburn, while F5 Networks was downgraded by Barclays following its Q2 earnings report. MYT Netherlands was downgraded by JPMorgan and Societe Generale after announcing its preliminary Q3 results and revising its 2023 outlook.