Filing Flows › Bath & Body Works (BBWI) › Q2 FY27
Bath & Body Works (BBWI) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Aug 26, 2026
Bath & Body Works (BBWI) reported revenue of $1.5B for the second quarter fiscal 2027 (Q2 FY27), -2% from a year earlier and +10% from the quarter before. Operating margin was 14.3%, net earnings $118M (7.8% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.5B | +10% | -2% |
| Gross profit | $692M | +18% | +8% |
| Operating profit | $216M | -6% | +38% |
| Net earnings | $118M | -36% | +84% |
| Operating cash flow | $72.0M | -70% | — |
| Free cash flow | $23.0M | -88% | — |
What changed
Revenue was $1.5B in Q2 FY27, down 2% year over year and up 10% from the previous quarter.
Gross margin was 45.7%, up 4.4 points from Q2 FY26. Operating profit was $0.22B, a 14.3% margin (up 4.1 points year over year). Operating expenses fell 1% while revenue fell 2%. Net earnings were $0.12B, up 84% year over year. The effective tax rate was 28.0%.
Operating cash flow was $0.07B, 61% of net earnings. Non-cash charges added back $0.06B of depreciation and $2.0M of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.05B left free cash flow of $0.02B.
Questions
What was Bath & Body Works' revenue in the second quarter fiscal 2027?
Bath & Body Works (BBWI) reported revenue of $1.5B for the second quarter fiscal 2027 (Q2 FY27), -2% from a year earlier and +10% from the quarter before.
Was Bath & Body Works profitable in the second quarter fiscal 2027?
Operating profit was $216M (14.3% of revenue) and net earnings $118M.
Source: Bath & Body Works 10-Q on SEC EDGAR.