Filing Flows › Bath & Body Works (BBWI) › Q2 FY27 › vs Q2 FY26
Bath & Body Works (BBWI) Q2 FY27 vs Q2 FY26 (year over year)
Bath & Body Works's revenue fell $35.0M (-2%) from $1.5B in Q2 FY26 to $1.5B in Q2 FY27. Gross margin 45.7% against 41.3% (+4.4 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 Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 45.7% | 41.3% | +4.4 pts |
| Operating margin | 14.3% | 10.1% | +4.1 pts |
| Net margin | 7.8% | 4.1% | +3.7 pts |
| Free cash flow margin | 1.5% | -6.4% | +7.9 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | −$35.0M | -2% |
| Gross profit | $692M | $640M | $52.0M | +8% |
| Cost of revenue | $822M | $909M | −$87.0M | -10% |
| Operating profit | $216M | $157M | $59.0M | +38% |
| Operating expenses | $476M | $483M | −$7.0M | -1% |
| Pre-tax earnings | $164M | $95.0M | $69.0M | +73% |
| Other expense, net | $52.0M | $62.0M | −$10.0M | -16% |
| Net earnings | $118M | $64.0M | $54.0M | +84% |
| Income tax | $46.0M | $31.0M | $15.0M | +48% |
| Depreciation | $59.0M | $64.0M | −$5.0M | -8% |
| Share-based compensation | $2.0M | $8.0M | −$6.0M | -75% |
| Working capital & other | $107M | $179M | −$72.0M | -40% |
| Operating cash flow | $72.0M | −$43.0M | $115M | — |
| Free cash flow (OCF − capex) | $23.0M | −$99.0M | $122M | — |
| Capital expenditures | $49.0M | $56.0M | −$7.0M | -12% |
Questions
How much did Bath & Body Works's revenue grow year over year in Q2 FY27?
Bath & Body Works's revenue fell $35.0M (-2%) from $1.5B in Q2 FY26 to $1.5B in Q2 FY27. Gross margin 45.7% against 41.3% (+4.4 pts).