Bath & Body Works
Bath & Body Works’ Lower Forecasts Could Power Activist Investor, Analyst Cautions
Third Point has revealed a proxy challenge.
Bath & Body Works Surpassed Estimates in Q4, but Fell Short on Predictions for the Current Quarter
This comes as the retailer is facing a proxy battle from billionaire investor Daniel Loeb.
Bath & Body Works Shareholder Announces Proxy Challenge
Third Point holds a beneficial ownership position of more than 6 percent.
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Bath & Body Works Appoints Gina Boswell CEO
Sarah E. Nash served as interim CEO since May.
Bath & Body Works Reveals Corporate Layoffs
Around 130 positions have been eliminated, mainly in leadership roles.
Bath & Body Works Downgrades Forecasts, Citing Dips in Foot Traffic
Record-high inflation is weighing on consumers.