Bath & Body expects to continue its annual dividend of 80c per share, with intention to increase with sustained earnings growth, the company said, adding that it expects to repurchase approximately $300M of shares opportunistically throughout fiscal 2024. B&BW will continue to consider opportunistic debt repurchases, it said. Comments taken from Q1 earnings conference call presentation slides.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBWI:
- BBWI Earnings: Bath & Body Works Plunges After Q1 Numbers
- Bath & Body Works Q1 Performance and 2024 Outlook
- Options Volatility and Implied Earnings Moves Today, June 04, 2024
- Options Volatility and Implied Earnings Moves This Week, June 03 – June 06, 2024
- Bath & Body Works, Inc. (BBWI) Q1 Earnings Cheat Sheet