THE WHAT? Bath & Body Works has reported record fourth quarter sales and provided and update on its estimated Q4 earnings per share from continuing operations.
THE DETAILS The company previously known as L Brands said net sales totalled US$3.027 billion for the three months ended January 29, 2022, a rise of 11 percent compared to the prior year quarter.
Earnings per share are expected to be US$2.25, at the top end of guidance, compared to US$1.96 eps from continuing operations in 2020.
THE WHY? Andrew Meslow, CEO of Bath & Body Works, commented, “Driven by our focus on staying close to our customers and our commitment to operational excellence, Bath & Body Works achieved record sales and earnings during the fourth quarter. Importantly, we are ending the fiscal year with approximately $2 billion in cash, and our strong balance sheet is allowing us meaningful opportunities to drive enhanced value for our shareholders. As we begin 2022, we are focused on leveraging our strong brand positioning, continuing to execute with excellence and delivering sustainable growth.”
Aesthetic injectable companies refer to businesses or companies that specialize in manufacturing, distributing, or providing aesthetic injectable products and services. These companies focus on developing and supplying injectable substances used for cosmetic purposes, typically administered by qualified medical professionals. Aesthetic injectable companies play a crucial role in the field of aesthetic medicine and cosmetic dermatology by offering a variety of injectable products designed to enhance facial features, reduce wrinkles, and improve overall skin appearance.
Key aspects of aesthetic injectable companies include:
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