Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Bath & Body Works, Inc. (“Bath & Body Works” or the “Company”) (NYSE: BBWI) investors concerning the Company’s possible violations of the federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON BATH & BODY WORKS, INC. (BBWI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

What Happened?

On November 20, 2025, Bath & Body Works released its third quarter 2025 financial results, missing the Company’s prior guidance on EPS and sales growth, and cutting full year guidance for net sales to “down high single digits.”

In an earnings call held the same day, the Company’s CEO, Daniel Heaf, stated “while the consumer environment is tougher, this is no excuse as we continue to underperform the sector.” CEO Heaf then offered a “diagnosis” of the Company’s underperformance, including that it had “pursued adjacencies to attract new consumers but that strategy has not delivered the growth we expected and it reduced focus in investing in our core categories.” Heaf further states brand collaborations “have been used to carry quarters” and “as these strategies and other tactics have not delivered growth, we have relied on deeper and more frequent promotions.”

On this news, Bath & Body Works’ stock price fell $5.22, or 24.8%, to close at $15.82 per share on November 20, 2025, thereby injuring investors.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.

Charles Linehan, Esq.,

Glancy Prongay & Murray LLP,

1925 Century Park East, Suite 2100,

Los Angeles, California 90067

Email: shareholders@glancylaw.com

Telephone: 310-201-9150 (Toll-Free: 888-773-9224)

Visit our website at www.glancylaw.com.

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Whistleblower Notice

Persons with non-public information regarding Bath & Body Works should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email shareholders@glancylaw.com.

About Glancy Prongay & Murray LLP

Glancy Prongay & Murray LLP (“GPM”) is a premier law firm representing investors and consumers in securities litigation and other complex class action litigation. GPM has been consistently ranked in the Top 50 Securities Class Action Settlements by ISS Securities Class Action Services. In 2018, GPM was ranked a top five law firm in number of securities class action settlements, and a top six law firm for total dollar size of settlements.

With four offices across the country, GPM’s nearly 40 attorneys have won groundbreaking rulings and recovered billions of dollars for investors and consumers in securities, antitrust, consumer, and employment class actions. GPM’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPM’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money.

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