Bath & Body Works Industry Demand: Downgrade To Hold for 1H24
Saturday, 23 March 2024, 15:02
Bath & Body Works Industry Demand Update
In the recent report, Bath & Body Works' performance in the fourth quarter of 2023 showed promising results, sparking an initial rise in its share price.
Downgrade To Hold for 1H24
The company's outlook for the year ahead, indicating weakening demand and issuing a disappointing forecast, has led to a revised rating of hold for the first half of 2024.
- Impressive 4Q23 Performance
- Weakening Demand Concerns
- Disappointing Guidance Results
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