Filing Flows › Bath & Body Works (BBWI) › Q4 FY25
Bath & Body Works (BBWI) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Mar 14, 2025
Bath & Body Works (BBWI) reported revenue of $2.8B for the fourth quarter fiscal 2025 (Q4 FY25), -4% from a year earlier and +73% from the quarter before. Operating margin was 24.3%, net earnings $453M (16.3% of revenue).
Bath & Body Works, Q4 FY25: revenue $2.8B (-4% year over year), operating margin 24.3%, net earnings $453M, operating cash flow $955M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8B | +73% | -4% |
| Gross profit | $1.3B | +86% | -3% |
| Operating profit | $678M | +211% | -3% |
| Net earnings | $453M | +327% | -22% |
| Operating cash flow | $955M | — | +3% |
| Free cash flow | $895M | — | +2% |
What changed
Revenue was $2.8B in Q4 FY25, down 4% year over year and up 73% from the previous quarter.
Gross margin was 46.7%, up 0.8 points from a year earlier. Operating profit was $0.68B, a 24.3% margin (up 0.4 points year over year). Operating expenses fell 3% while revenue fell 4%. Net earnings were $0.45B, down 22% year over year. The effective tax rate was 25.9%.
Operating cash flow was $1.0B (up 3% year over year), 211% of net earnings. Non-cash charges added back $0.07B of depreciation and $0.01B of share-based compensation. Working capital and other items added $0.42B. Capital expenditures of $0.06B left free cash flow of $0.90B.
Questions
What was Bath & Body Works' revenue in the fourth quarter fiscal 2025?
Bath & Body Works (BBWI) reported revenue of $2.8B for the fourth quarter fiscal 2025 (Q4 FY25), -4% from a year earlier and +73% from the quarter before.
Was Bath & Body Works profitable in the fourth quarter fiscal 2025?
Operating profit was $678M (24.3% of revenue) and net earnings $453M.
Source: Bath & Body Works 10-K on SEC EDGAR.