Filing Flows › Bath & Body Works (BBWI) › Q2 FY27 › vs Q1 FY27
Bath & Body Works (BBWI) Q2 FY27 vs Q1 FY27 (quarter over quarter)
Bath & Body Works's revenue rose $136M (+10%) from $1.4B in Q1 FY27 to $1.5B in Q2 FY27. Gross margin 45.7% against 42.6% (+3.1 pts).
Bath & Body Works, Q2 FY27: revenue $1.5B (-2% year over year), operating margin 14.3%, net earnings $118M, operating cash flow $72.0M. The chart draws each line against Q1 FY27, the increases inside each band.
Margins
| Q2 FY27 | Q1 FY27 | Change | |
|---|---|---|---|
| Gross margin | 45.7% | 42.6% | +3.1 pts |
| Operating margin | 14.3% | 16.8% | -2.5 pts |
| Net margin | 7.8% | 13.3% | -5.5 pts |
| Free cash flow margin | 1.5% | 14.2% | -12.6 pts |
Every line
| Line | Q2 FY27 | Q1 FY27 | Change | % |
|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $136M | +10% |
| Gross profit | $692M | $587M | $105M | +18% |
| Cost of revenue | $822M | $791M | $31.0M | +4% |
| Operating profit | $216M | $231M | −$15.0M | -6% |
| Operating expenses | $476M | $356M | $120M | +34% |
| Pre-tax earnings | $164M | $166M | −$2.0M | -1% |
| Other expense, net | $52.0M | $65.0M | −$13.0M | -20% |
| Net earnings | $118M | $183M | −$65.0M | -36% |
| Income tax | $46.0M | −$17.0M | $63.0M | — |
| Depreciation | $59.0M | $61.0M | −$2.0M | -3% |
| Share-based compensation | $2.0M | $8.0M | −$6.0M | -75% |
| Working capital & other | $107M | $8.0M | $99.0M | 13× |
| Operating cash flow | $72.0M | $244M | −$172M | -70% |
| Free cash flow (OCF − capex) | $23.0M | $195M | −$172M | -88% |
| Capital expenditures | $49.0M | $49.0M | $0 | 0% |
Questions
How much did Bath & Body Works's revenue grow quarter over quarter in Q2 FY27?
Bath & Body Works's revenue rose $136M (+10%) from $1.4B in Q1 FY27 to $1.5B in Q2 FY27. Gross margin 45.7% against 42.6% (+3.1 pts).