Bath & Body Works, Inc. filed its quarterly report on Form 10-Q with the SEC for the thirteen-week period ended August 1, 2026, disclosing second-quarter and year-to-date financial results.

Key Highlights

  • Q2 net sales of $1,514 million: Net sales for the second quarter of 2026 were $1,514 million, compared with $1,549 million in the second quarter of 2025.
  • Q2 net income of $118 million: Net income for the second quarter of 2026 was $118 million, up from $64 million in the prior-year quarter.
  • Diluted EPS of $0.58: Net income per diluted share for Q2 2026 was $0.58, compared with $0.30 in Q2 2025.
  • Year-to-date net income of $301 million: For the twenty-six weeks ended August 1, 2026, net income was $301 million versus $169 million in the comparable prior-year period.
  • Cash dividend of $0.20 per share: The company paid a cash dividend of $0.20 per share in Q2 2026, totaling $40 million.
  • 201,645,313 shares outstanding: As of August 21, 2026, the registrant reported 201,645,313 shares of common stock outstanding.
  • Total assets of $5,156 million: The consolidated balance sheet as of August 1, 2026 showed total assets of $5,156 million.

Bath & Body Works Second-Quarter 2026 Financial Results Detail

According to the filing, Bath & Body Works (NYSE:BBWI) reported Q2 2026 net sales of $1,514 million, a decrease from $1,549 million in Q2 2025. Gross profit for the second quarter rose to $692 million from $640 million a year earlier, as costs of goods sold, buying and occupancy declined to $822 million from $909 million. Operating income for the quarter was $216 million, compared with $157 million in Q2 2025. The company reported interest expense of $63 million in Q2 2026, down from $68 million in the prior-year quarter.

For the year-to-date twenty-six-week period ended August 1, 2026, the filing disclosed net sales of $2,892 million versus $2,974 million in the comparable prior-year period. Year-to-date operating income was $447 million, up from $367 million. Net income for the year-to-date period was $301 million, compared with $169 million in year-to-date 2025. Net income per diluted share for the year-to-date period was $1.49, versus $0.79 in the prior-year period.

The consolidated balance sheet as of August 1, 2026 reflected cash and cash equivalents of $794 million, inventories of $883 million, and long-term debt of $3,366 million. Total shareholders' equity (deficit) stood at $(1,056) million, and total equity (deficit) was $(1,054) million. The company also reported Easton Assets Held for Sale of $81 million, consistent with the January 31, 2026 and August 2, 2025 balance sheets. Year-to-date cash dividends paid were $0.40 per share, totaling $80 million, according to the equity statement.

What Was Disclosed

Bath & Body Works filed its Form 10-Q for the quarter ended August 1, 2026, reporting higher second-quarter net income and operating income year-over-year, lower net sales, reduced long-term debt, and a Q2 cash dividend of $0.20 per share.