← Bath & Body Works overview

Bath & Body Works vs Dick’s Sporting Goods: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

Bath & Body Works Inc. (BBWI)

Q3 2026
▲2▼1

BBWI beats on tariff refunds, raises outlook, but store traffic still weak

  • Ulta Beauty partnership expands distribution Bath & Body Works will sell candles, soaps and body care in over 600 Ulta Beauty stores and online from July 2026. This puts products in front of new shoppers, which can lift sales over time and is a real reason the stock rose.

    It is the period's main new growth driver and explains the June share jump.

  • Goldman Sachs downgrade warns of cannibalization Goldman cut BBWI to Sell, saying weaker consumer sentiment and softer appeal to younger shoppers could hurt, and that selling through Ulta might steal sales from its own stores. The stock fell about 4% on that warning, a real counterweight to the Ulta optimism.

    It is the main bearish force in the period and offsets the partnership story.

  • Q2 profit beat, but mostly from tariff refunds Second-quarter earnings of $0.62 a share crushed the $0.24 estimate, yet about $80 million came from one-time tariff refunds; without that, profit was $0.31. Sales fell 2.3% to $1.51 billion. The beat looks better than the underlying business.

    It is the period's biggest earnings event and shows the quality of the beat.

  • Full-year outlook raised, but third-quarter guidance misses BBWI lifted full-year earnings guidance to $2.60-$2.80 a share, yet third-quarter profit guidance of 7-12 cents badly missed the 26-cent consensus, and sales are expected to fall 2.5%-5%. Online sales grew 3% and international rose nearly 25%, but declining store traffic remains the drag.

    It captures the mixed forward picture that pushed shares lower despite the raised year outlook.

July 2026
▲2▼1

BBWI beats on tariff refunds, raises outlook, but store traffic still weak

  • Ulta Beauty partnership expands distribution Bath & Body Works will sell candles, soaps and body care in over 600 Ulta Beauty stores and online from July 2026. This puts products in front of new shoppers, which can lift sales over time and is a real reason the stock rose.

    It is the period's main new growth driver and explains the June share jump.

  • Goldman Sachs downgrade warns of cannibalization Goldman cut BBWI to Sell, saying weaker consumer sentiment and softer appeal to younger shoppers could hurt, and that selling through Ulta might steal sales from its own stores. The stock fell about 4% on that warning, a real counterweight to the Ulta optimism.

    It is the main bearish force in the period and offsets the partnership story.

  • Q2 profit beat, but mostly from tariff refunds Second-quarter earnings of $0.62 a share crushed the $0.24 estimate, yet about $80 million came from one-time tariff refunds; without that, profit was $0.31. Sales fell 2.3% to $1.51 billion. The beat looks better than the underlying business.

    It is the period's biggest earnings event and shows the quality of the beat.

  • Full-year outlook raised, but third-quarter guidance misses BBWI lifted full-year earnings guidance to $2.60-$2.80 a share, yet third-quarter profit guidance of 7-12 cents badly missed the 26-cent consensus, and sales are expected to fall 2.5%-5%. Online sales grew 3% and international rose nearly 25%, but declining store traffic remains the drag.

    It captures the mixed forward picture that pushed shares lower despite the raised year outlook.

Latest
▲2▼1

BBWI beats on tariff refunds, raises outlook, but store traffic still weak

  • Ulta Beauty partnership expands distribution Bath & Body Works will sell candles, soaps and body care in over 600 Ulta Beauty stores and online from July 2026. This puts products in front of new shoppers, which can lift sales over time and is a real reason the stock rose.

    It is the period's main new growth driver and explains the June share jump.

  • Goldman Sachs downgrade warns of cannibalization Goldman cut BBWI to Sell, saying weaker consumer sentiment and softer appeal to younger shoppers could hurt, and that selling through Ulta might steal sales from its own stores. The stock fell about 4% on that warning, a real counterweight to the Ulta optimism.

    It is the main bearish force in the period and offsets the partnership story.

  • Q2 profit beat, but mostly from tariff refunds Second-quarter earnings of $0.62 a share crushed the $0.24 estimate, yet about $80 million came from one-time tariff refunds; without that, profit was $0.31. Sales fell 2.3% to $1.51 billion. The beat looks better than the underlying business.

    It is the period's biggest earnings event and shows the quality of the beat.

  • Full-year outlook raised, but third-quarter guidance misses BBWI lifted full-year earnings guidance to $2.60-$2.80 a share, yet third-quarter profit guidance of 7-12 cents badly missed the 26-cent consensus, and sales are expected to fall 2.5%-5%. Online sales grew 3% and international rose nearly 25%, but declining store traffic remains the drag.

    It captures the mixed forward picture that pushed shares lower despite the raised year outlook.

Dick’s Sporting Goods Inc (DKS)

Q3 2026
▼4

Dick's Cuts Outlook on Foot Locker Weakness and Heavy Discounts

  • Full-year outlook slashed Dick's cut its full-year sales and profit forecast, blaming weakness at its recently acquired Foot Locker chain. Management now expects lower revenue and earnings than previously guided, which directly reduces what investors think the company is worth.

    This is the core new event that answers why the stock is moving now.

  • Q2 revenue and earnings miss The company reported quarterly revenue of $5.59 billion and adjusted earnings of $3.53 per share, both below analyst expectations. The miss shows current business is weaker than Wall Street hoped, pushing the stock down sharply.

    The earnings miss is a key new fact that triggered the sell-off.

  • Foot Locker drag and promotional market Foot Locker's comparable sales fell 3.6% due to fewer and underperforming product launches. At the same time, excess inventory across athletic footwear and apparel led to heavy discounting, which squeezes profit margins and makes the outlook more uncertain.

    This explains the underlying cause of the guidance cut and margin pressure.

  • Sector-wide read-through and Nike concerns The weak report dragged down other athletic apparel stocks like Nike, Figs, and Caleres. Analysts warn of a 'footwear hangover' and a domino effect of pricing pressure, suggesting the pain may not be isolated to Dick's and could delay Nike's turnaround.

    Shows the problem is industry-wide, not just company-specific, which affects how investors view DKS's future.

August 2026
▼4

Dick's Cuts Outlook on Foot Locker Weakness and Heavy Discounts

  • Full-year outlook slashed Dick's cut its full-year sales and profit forecast, blaming weakness at its recently acquired Foot Locker chain. Management now expects lower revenue and earnings than previously guided, which directly reduces what investors think the company is worth.

    This is the core new event that answers why the stock is moving now.

  • Q2 revenue and earnings miss The company reported quarterly revenue of $5.59 billion and adjusted earnings of $3.53 per share, both below analyst expectations. The miss shows current business is weaker than Wall Street hoped, pushing the stock down sharply.

    The earnings miss is a key new fact that triggered the sell-off.

  • Foot Locker drag and promotional market Foot Locker's comparable sales fell 3.6% due to fewer and underperforming product launches. At the same time, excess inventory across athletic footwear and apparel led to heavy discounting, which squeezes profit margins and makes the outlook more uncertain.

    This explains the underlying cause of the guidance cut and margin pressure.

  • Sector-wide read-through and Nike concerns The weak report dragged down other athletic apparel stocks like Nike, Figs, and Caleres. Analysts warn of a 'footwear hangover' and a domino effect of pricing pressure, suggesting the pain may not be isolated to Dick's and could delay Nike's turnaround.

    Shows the problem is industry-wide, not just company-specific, which affects how investors view DKS's future.

Latest
▼4

Dick's Cuts Outlook on Foot Locker Weakness and Heavy Discounts

  • Full-year outlook slashed Dick's cut its full-year sales and profit forecast, blaming weakness at its recently acquired Foot Locker chain. Management now expects lower revenue and earnings than previously guided, which directly reduces what investors think the company is worth.

    This is the core new event that answers why the stock is moving now.

  • Q2 revenue and earnings miss The company reported quarterly revenue of $5.59 billion and adjusted earnings of $3.53 per share, both below analyst expectations. The miss shows current business is weaker than Wall Street hoped, pushing the stock down sharply.

    The earnings miss is a key new fact that triggered the sell-off.

  • Foot Locker drag and promotional market Foot Locker's comparable sales fell 3.6% due to fewer and underperforming product launches. At the same time, excess inventory across athletic footwear and apparel led to heavy discounting, which squeezes profit margins and makes the outlook more uncertain.

    This explains the underlying cause of the guidance cut and margin pressure.

  • Sector-wide read-through and Nike concerns The weak report dragged down other athletic apparel stocks like Nike, Figs, and Caleres. Analysts warn of a 'footwear hangover' and a domino effect of pricing pressure, suggesting the pain may not be isolated to Dick's and could delay Nike's turnaround.

    Shows the problem is industry-wide, not just company-specific, which affects how investors view DKS's future.

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