BBWI Bath & Body Works, Inc.
$19.72
Price · Aug 18, 2026
Fundamentals as of May 27, 2026
52W Range
$14–$32
30% of range
Analyst Rating
HOLD
24 analysts
Price Target
$25
+28% upside
P/E (TTM)
6.3
ROE
-48.7%
Net Profit Margin
8.9%
About Bath & Body Works, Inc. Company overview from Wikipedia
Bath & Body Works, LLC. is an American retail store chain that sells soaps, lotions, fragrances, candles, accessories, and hand sanitizers. It was founded in 1990 in New Albany, Ohio, and has since expanded across six continents. In 1997, it became the largest bath shop chain in the United States.
Read more
Bath & Body Works, LLC. is an American retail store chain that sells soaps, lotions, fragrances, candles, accessories, and hand sanitizers. It was founded in 1990 in New Albany, Ohio, and has since expanded across six continents. In 1997, it became the largest bath shop chain in the United States.
## History
Bath & Body Works was founded in 1990 in New Albany, Ohio, as the beauty line for Express, Inc. The company's first store opened in a Cambridge, Massachusetts, mall in September 1990. In 1991, the Body Shop sued Bath & Body Works, resulting in Bath & Body Works rebranding. The brand created a mascot named Kate who serves as a founding figure, with the store layout being modeled as her country house. In 1997, a secondary brand known as Bath & Body Works at Home was launched. Two years later, the company launched the White Barn Candle Company, a division specializing in the sale of scented candles.
Bath & Body Works launched both a seasonal catalog and a website in 2006. In November 2006, the company launched its first television commercial advertisement. Net sales as of January 28, 2006 were $2.3 billion, significantly higher than all other L Brands companies other than Victoria's Secret.
In July 2008, the company announced that it was opening six locations in Canada. With the company acquiring Canadian-based La Senza, they felt it was the opportunity to move into a growing Canadian market, with the Body Shop being its main competition.
Bath & Body Works operates more than 1,900 stores. In October 2010, it opened its first stores outside of North America in Kuwait, by the franchise giant M. H. Alshaya Co. The company often recycles scents; discontinuing a scent and renaming it with a fresh new look.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
BBWI Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
Price
$19.71
Market Cap
$3.96B
P/E (TTM)
6.3
EPS (TTM)
$3.11
Revenue (TTM)
$7.29B
Div Yield
4.2%
ROE
-48.7%
Debt/Equity
-2.8
52W Range
$14 – $32
BBWI Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view
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10-Year Performance Revenue, net income, margins and EPS trends
Revenue & Net Income
$7.29B
2024-02-03
→
2026-01-31
EPS
$3.11
2024-02-03
→
2026-01-31
Free Cash Flow
$865M
2024-02-03
→
2026-01-31
Margins
8.9%
2024-02-03
→
2026-01-31
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
Metric
5Y trend
BBWI
Peer Median
P/E (TTM)
6.3
21.3
P/S (TTM)
0.5
0.8
P/B
-3.1
6.1
EV / EBITDA
5.9
—
Price / FCF
4.6
—
Profitability Gross, operating and net margins; ROE, ROA, ROIC
Metric
5Y trend
BBWI
Peer Median
Gross Margin
43.7%
46.0%
Operating Margin
15.4%
—
Net Profit Margin
8.9%
5.6%
ROA
13.1%
7.0%
ROE
-48.7%
22.0%
ROIC
35.5%
—
Financial Health Debt, liquidity, solvency — balance sheet strength
Metric
5Y trend
BBWI
Peer Median
Debt / Equity
-2.8
—
Current Ratio
1.3
1.8
Quick Ratio
0.7
—
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Metric
5Y trend
BBWI
Peer Median
Revenue YoY
-0.22%
—
Revenue CAGR 3Y
-1.2%
—
Revenue CAGR 5Y
2.5%
—
EPS YoY
-13.9%
—
Net Income YoY
-18.7%
—
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
Metric
5Y trend
BBWI
Peer Median
Payout Ratio
25.7%
—
Dividends Yield, payout ratio, dividend history, 5Y CAGR
Dividend Yield
4.2%
Payout Ratio
25.7%
5Y Div CAGR
—
| Ex-date | Amount |
|---|---|
| June 5, 2026 | $0.2000 |
| Feb. 20, 2026 | $0.2000 |
| Nov. 21, 2025 | $0.2000 |
| Aug. 22, 2025 | $0.2000 |
| June 6, 2025 | $0.2000 |
| Feb. 21, 2025 | $0.2000 |
| Nov. 22, 2024 | $0.2000 |
| Aug. 23, 2024 | $0.2000 |
| June 7, 2024 | $0.2000 |
| Feb. 22, 2024 | $0.2000 |
| Nov. 16, 2023 | $0.2000 |
| Aug. 17, 2023 | $0.2000 |
| June 1, 2023 | $0.2000 |
| Feb. 16, 2023 | $0.2000 |
| Nov. 17, 2022 | $0.2000 |
| Aug. 18, 2022 | $0.2000 |
| June 2, 2022 | $0.2000 |
| Feb. 17, 2022 | $0.2000 |
| Nov. 18, 2021 | $0.1500 |
| Aug. 19, 2021 | $0.1500 |
BBWI Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
HOLD
24 analysts
- Strong Buy 3 12.5%
- Buy 5 20.8%
- Hold 15 62.5%
- Sell 1 4.2%
- Strong Sell 0 0.0%
12-Month Price Target
15 analysts · 2026-08-15
Median
$23.00
Now
$19.71
Low
$19.00
High
$54.00
Median target
$23.00
+16.7%
Mean target
$25.20
+27.8%
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
Avg Surprise
0.04%
Next Report
Aug 26, 2026
| Period | EPS Actual | EPS Est | Surprise |
|---|---|---|---|
| March 31, 2027 | $0.32 | $0.30 | — |
| June 30, 2026 | $0.32 | $0.30 | 0.02% |
| March 31, 2026 | $2.05 | $1.81 | 0.24% |
| Dec. 31, 2025 | $0.35 | $0.40 | -0.05% |
| Sept. 30, 2025 | $0.37 | $0.38 | -0.01% |
| June 30, 2025 | $0.49 | $0.48 | 0.01% |
Peer comparison (GICS sub-industry) Key metrics vs sector peers
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| BBWI | $4.38B | 7.0 | -0.22% | 8.9% | -48.7% | 43.7% |
| ULTA | $27.83B | 24.6 | 9.7% | 9.3% | 42.7% | 39.1% |
| TSCO | $27.08B | 24.9 | 4.3% | 7.1% | 43.2% | 36.4% |
| DKS | — | 20.3 | 28.1% | 4.9% | 19.1% | 32.9% |
| FIVE | $10.50B | 29.4 | 22.9% | 7.5% | 17.5% | — |
| CHWY | $12.08B | 56.0 | 6.2% | 1.8% | 50.2% | 29.8% |
| WRBY | — | 2179.0 | 13.0% | 0.19% | 0.45% | 54.0% |
| ASO | $3.65B | 10.1 | 2.0% | 6.2% | 17.7% | 34.8% |
| SBH | $1.59B | 8.6 | -0.42% | 5.3% | 26.2% | 51.6% |
| EYE | $2.06B | 70.1 | 9.0% | 1.5% | 3.4% | — |
| WINA | $1.47B | 36.3 | 5.9% | 48.4% | -92.0% | — |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement 15
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $7.29B | $7.31B | · | · | · | · | |
| Cost of Revenue | $4.10B | $4.07B | · | · | · | · | |
| Gross Profit | $3.19B | $3.23B | · | · | · | · | |
| SG&A Expense | $2.06B | $1.97B | · | · | · | · | |
| Operating Income | $1.13B | $1.27B | · | · | · | · | |
| Interest Expense | $276M | $312M | · | · | · | · | |
| Other Non-op | $32M | $74M | · | · | · | · | |
| Pretax Income | $882M | $1.03B | · | · | · | · | |
| Income Tax | $233M | $230M | · | · | · | · | |
| Net Income | $649M | $798M | · | · | · | · | |
| EPS (Basic) | $3.12 | $3.62 | · | · | · | · | |
| EPS (Diluted) | $3.11 | $3.61 | · | · | · | · | |
| Shares (Basic) | 208,000,000 | 220,000,000 | · | · | · | · | |
| Shares (Diluted) | 209,000,000 | 221,000,000 | · | · | · | · | |
| EBITDA | $1.13B | $1.27B | · | · | · | · |
Balance Sheet 26
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $953M | $674M | $514M | $790M | $452M | $1.70B | |
| Receivables | $180M | $205M | $146M | $153M | $184M | $131M | |
| Inventory | $699M | $734M | $863M | $818M | $971M | $728M | |
| Other Current Assets | $106M | $114M | $143M | $132M | $147M | $134M | |
| Current Assets | $2.02B | $1.82B | $1.67B | $1.89B | $1.75B | $4.51B | |
| PP&E (Net) | $1.13B | $1.13B | $1.17B | $1.24B | $1.07B | $1.00B | |
| PP&E (Gross) | $3.36B | $3.22B | $3.17B | $3.06B | $2.72B | $2.52B | |
| Accum. Depreciation | $2.24B | $2.09B | $2.00B | $1.82B | $1.65B | $1.52B | |
| Goodwill | $628M | $628M | $628M | $628M | $628M | $628M | |
| Other Non-current Assets | $77M | $50M | $137M | $155M | $151M | $142M | |
| Total Assets | $5.07B | $4.87B | $4.95B | $5.20B | $4.90B | $10.39B | |
| Accounts Payable | $465M | $338M | $411M | $508M | $587M | $460M | |
| Accrued Liabilities | $579M | $584M | $526M | $518M | $512M | $717M | |
| Current Liabilities | $1.59B | $1.23B | $1.50B | $1.21B | $1.26B | $2.62B | |
| Capital Leases | $867M | $883M | $984M | $1.04B | $1.05B | $1.02B | |
| Deferred Tax | $65M | $24M | $45M | $168M | $157M | $149M | |
| Other Non-current Liabilities | $213M | $233M | $259M | $264M | $240M | $270M | |
| Long-term Debt | $3.89B | $3.88B | $4.19B | $4.67B | $4.86B | $5.35B | |
| Total Debt | $3.61B | $3.88B | · | · | · | · | |
| Common Stock | $108M | $115M | $117M | $121M | $122M | $140M | |
| Retained Earnings | $-1.44B | $-1.58B | $-1.92B | $-2.36B | $-2.83B | $-1.50B | |
| Treasury Stock | $822M | $822M | $822M | $822M | $822M | $822M | |
| AOCI | $74M | $71M | $74M | $77M | $80M | $87M | |
| Stockholders' Equity | $-1.28B | $-1.39B | $-1.72B | $-2.15B | $-2.66B | $-1.19B | |
| Liabilities + Equity | $5.07B | $4.87B | $4.95B | $5.20B | $4.90B | $10.39B | |
| Shares Outstanding | 201,000,000 | 216,000,000 | 220,000,000 | 228,000,000 | 228,000,000 | 265,000,000 |
Cash Flow 14
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Stock-based Comp | $31M | $40M | · | · | · | · | |
| Deferred Tax | $63M | $-113M | · | · | · | · | |
| Operating Cash Flow | $1.10B | $886M | · | · | · | · | |
| CapEx | $237M | $226M | · | · | · | · | |
| Investing Cash Flow | $-227M | $-162M | · | · | · | · | |
| Net Debt Issued | $0 | $-522M | · | · | · | · | |
| Stock Repurchased | $401M | $401M | · | · | · | · | |
| Net Stock Activity | $-401M | $-401M | · | · | · | · | |
| Dividends Paid | $167M | $177M | · | · | · | · | |
| Financing Cash Flow | $-599M | $-1.13B | · | · | · | · | |
| Net Change in Cash | $279M | $-410M | · | · | · | · | |
| Taxes Paid | $223M | $351M | · | · | · | · | |
| Free Cash Flow | $865M | $660M | · | · | · | · | |
| Levered FCF | $662M | $418M | · | · | · | · |
Profitability 8
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 43.7% | 44.3% | · | · | · | · | |
| Operating Margin | 15.4% | 17.3% | · | · | · | · | |
| Net Margin | 8.9% | 10.9% | · | · | · | · | |
| Pretax Margin | 12.1% | 14.1% | · | · | · | · | |
| EBITDA Margin | 15.4% | 17.3% | · | · | · | · | |
| ROA | 13.1% | 16.2% | · | · | · | · | |
| ROE | -48.7% | -50.9% | · | · | · | · | |
| ROIC | 35.5% | 39.3% | · | · | · | · |
Liquidity & Solvency 5
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 1.3 | 1.5 | · | · | · | · | |
| Quick Ratio | 0.7 | 0.7 | · | · | · | · | |
| Debt / Equity | -2.8 | -2.8 | · | · | · | · | |
| LT Debt / Equity | -2.8 | -2.8 | · | · | · | · | |
| Interest Coverage | 4.1 | 4.1 | · | · | · | · |
Efficiency 3
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.5 | 1.5 | · | · | · | · | |
| Inventory Turnover | 5.7 | 4.3 | · | · | · | · | |
| Receivables Turnover | 37.9 | 36.1 | · | · | · | · |
Growth Rates 10
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue YoY | -0.22% | -1.6% | · | · | · | · | |
| Revenue CAGR 3Y | -1.2% | -2.5% | · | · | · | · | |
| Revenue CAGR 5Y | 2.5% | · | · | · | · | · | |
| EPS YoY | -13.9% | -6.0% | · | · | · | · | |
| EPS CAGR 3Y | -3.2% | -9.6% | · | · | · | · | |
| EPS CAGR 5Y | 0.72% | · | · | · | · | · | |
| Net Income YoY | -18.7% | -9.1% | · | · | · | · | |
| Net Income CAGR 3Y | -6.7% | -15.7% | · | · | · | · | |
| Net Income CAGR 5Y | -5.1% | · | · | · | · | · | |
| Dividend CAGR 5Y | 15.0% | · | · | · | · | · |
Valuation (TTM) 16
| Metric | Trend | 2026 | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue TTM | $7.29B | $7.31B | · | · | · | · | |
| Net Income TTM | $649M | $798M | · | · | · | · | |
| Market Cap | $4.38B | $8.12B | · | · | · | · | |
| Enterprise Value | $7.04B | $11.33B | · | · | · | · | |
| P/E | 7.0 | 10.4 | · | · | · | · | |
| P/S | 0.6 | 1.1 | · | · | · | · | |
| P/B | -3.4 | -5.9 | · | · | · | · | |
| P / Cash Flow | 4.0 | 9.2 | · | · | · | · | |
| P / FCF | 5.1 | 12.3 | · | · | · | · | |
| EV / EBITDA | 6.3 | 9.0 | · | · | · | · | |
| EV / FCF | 8.1 | 17.2 | · | · | · | · | |
| EV / Revenue | 1.0 | 1.6 | · | · | · | · | |
| Dividend Yield | 3.8% | 2.2% | · | · | · | · | |
| Earnings Yield | 14.3% | 9.6% | · | · | · | · | |
| Payout Ratio | 25.7% | 22.2% | · | · | · | · | |
| Annual Payout | $167M | $177M | · | · | · | · |
Income Statement 15
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.38B | $2.72B | $1.55B | $1.42B | $3.01B | $1.61B | $1.53B | $1.38B | $2.91B | $1.56B | $1.56B | $1.40B | $2.89B | $1.60B | $1.62B | |
| Cost of Revenue | $791M | $1.48B | $909M | $778M | $1.62B | $910M | $900M | $778M | $1.58B | $880M | $937M | $800M | $1.64B | $926M | $958M | |
| Gross Profit | $587M | $1.24B | $640M | $646M | $1.40B | $700M | $626M | $606M | $1.34B | $682M | $622M | $596M | $1.25B | $678M | $660M | |
| SG&A Expense | $356M | $645M | $483M | $437M | $687M | $482M | $443M | $419M | $641M | $461M | $434M | $415M | $596M | $476M | $418M | |
| Operating Income | $231M | $599M | $157M | $209M | $709M | $218M | $183M | $187M | $695M | $221M | $188M | $181M | $652M | $202M | $242M | |
| Interest Expense | $69M | $68M | $68M | $71M | $71M | $77M | $77M | $82M | $86M | $84M | $86M | $89M | $87M | $86M | $86M | |
| Other Non-op | $4M | $7M | $6M | $8M | $1M | $4M | $47M | $13M | $14M | $22M | $25M | $20M | $11M | $3M | $2M | |
| Pretax Income | $166M | $538M | $95M | $146M | $639M | $145M | $153M | $118M | $623M | $159M | $127M | $112M | $576M | $119M | $158M | |
| Income Tax | $-17M | $135M | $31M | $41M | $167M | $39M | $1M | $31M | $44M | $40M | $28M | $31M | $148M | $28M | $38M | |
| Net Income | $183M | $403M | $64M | $105M | $472M | $106M | $152M | $87M | $579M | $119M | $99M | $81M | $434M | $91M | $120M | |
| EPS (Basic) | $0.91 | $1.95 | $0.31 | $0.49 | $2.16 | $0.49 | $0.68 | $0.39 | $2.55 | $0.52 | $0.43 | $0.36 | $1.88 | $0.40 | $0.52 | |
| EPS (Diluted) | $0.90 | $1.94 | $0.30 | $0.49 | $2.17 | $0.49 | $0.68 | $0.38 | $2.54 | $0.52 | $0.43 | $0.35 | $1.87 | $0.40 | $0.52 | |
| Shares (Basic) | 201,000,000 | -2,000,000 | 210,000,000 | 214,000,000 | -452,000,000 | 218,000,000 | 222,000,000 | 225,000,000 | -456,000,000 | 227,000,000 | 228,000,000 | 229,000,000 | -466,000,000 | 228,000,000 | 230,000,000 | |
| Shares (Diluted) | 202,000,000 | -2,000,000 | 211,000,000 | 215,000,000 | -454,000,000 | 219,000,000 | 223,000,000 | 226,000,000 | -458,000,000 | 228,000,000 | 229,000,000 | 230,000,000 | -470,000,000 | 229,000,000 | 231,000,000 | |
| EBITDA | $231M | · | $157M | $209M | · | $218M | $183M | $187M | · | $221M | $188M | $181M | · | $202M | $242M |
Balance Sheet 26
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $820M | $953M | $364M | $636M | $674M | $191M | $514M | $855M | · | $412M | $790M | $1.05B | · | $295M | $452M | |
| Receivables | $98M | $180M | $131M | $103M | $205M | $200M | $146M | $121M | · | $197M | $153M | $145M | · | $242M | $184M | |
| Inventory | $782M | $699M | $977M | $869M | $734M | $1.18B | $863M | $814M | · | $1.21B | $818M | $771M | · | $1.27B | $971M | |
| Other Current Assets | $118M | $106M | $153M | $115M | $114M | $151M | $143M | $127M | · | $145M | $132M | $118M | · | $142M | $147M | |
| Current Assets | $1.90B | $2.02B | $1.71B | $1.82B | $1.82B | $1.72B | $1.67B | $1.92B | · | $1.96B | $1.89B | $2.08B | · | $1.95B | $1.75B | |
| PP&E (Net) | $1.11B | $1.13B | $1.12B | $1.11B | $1.13B | $1.16B | $1.17B | $1.18B | · | $1.24B | $1.24B | $1.22B | · | $1.12B | $1.07B | |
| PP&E (Gross) | $3.33B | $3.36B | $3.31B | $3.25B | $3.22B | $3.20B | $3.17B | $3.13B | · | $3.12B | $3.06B | $2.99B | · | $2.81B | $2.72B | |
| Accum. Depreciation | $2.23B | $2.24B | $2.19B | $2.14B | $2.09B | $2.04B | $2.00B | $1.95B | · | $1.88B | $1.82B | $1.77B | · | $1.69B | $1.65B | |
| Goodwill | $628M | $628M | $628M | $628M | $628M | $628M | $628M | $628M | · | $628M | $628M | $628M | · | $628M | $628M | |
| Other Non-current Assets | $81M | $77M | $74M | $54M | $50M | $141M | $137M | $138M | · | $145M | $155M | $158M | · | $156M | $151M | |
| Total Assets | $4.96B | $5.07B | $4.81B | $4.88B | $4.87B | $4.98B | $4.95B | $5.22B | · | $5.24B | $5.20B | $5.36B | · | $5.13B | $4.90B | |
| Accounts Payable | $557M | $465M | $567M | $452M | $338M | $510M | $411M | $403M | · | $627M | $508M | $426M | · | $632M | $587M | |
| Accrued Liabilities | $513M | $579M | $541M | $495M | $584M | $547M | $526M | $489M | · | $590M | $518M | $585M | · | $645M | $512M | |
| Current Liabilities | $1.38B | $1.59B | $1.30B | $1.29B | $1.23B | $1.57B | $1.50B | $1.22B | · | $1.41B | $1.21B | $1.28B | · | $1.45B | $1.26B | |
| Capital Leases | $894M | $867M | $912M | $895M | $883M | $969M | $984M | $990M | · | $1.02B | $1.04B | $1.03B | · | $1.04B | $1.05B | |
| Deferred Tax | $115M | $65M | $23M | $23M | $24M | $45M | $45M | $147M | · | $167M | $168M | $168M | · | $158M | $157M | |
| Other Non-current Liabilities | $95M | $213M | $235M | $233M | $233M | $260M | $259M | $257M | · | $274M | $264M | $275M | · | $232M | $240M | |
| Long-term Debt | $3.61B | $3.89B | $3.89B | $3.89B | $3.88B | $4.20B | $4.19B | $4.28B | · | $4.50B | $4.67B | $4.78B | · | $4.86B | $4.86B | |
| Total Debt | · | · | · | · | · | $3.88B | $3.88B | $4.28B | · | $4.50B | $4.67B | $4.78B | · | $4.86B | $4.86B | |
| Common Stock | $108M | $108M | $111M | $113M | $115M | $115M | $117M | $119M | · | $120M | $121M | $122M | · | $122M | $122M | |
| Retained Earnings | $-1.29B | $-1.44B | $-1.72B | $-1.63B | $-1.58B | $-1.94B | $-1.92B | $-1.89B | · | $-2.33B | $-2.36B | $-2.37B | · | $-2.79B | $-2.83B | |
| Treasury Stock | $822M | $822M | $822M | $822M | $822M | $822M | $822M | $822M | · | $822M | $822M | $822M | · | $822M | $822M | |
| AOCI | $74M | $74M | $73M | $73M | $71M | $73M | $74M | $74M | · | $75M | $77M | $77M | · | $79M | $80M | |
| Stockholders' Equity | $-1.13B | $-1.28B | $-1.55B | $-1.45B | $-1.39B | $-1.75B | $-1.72B | $-1.68B | · | $-2.12B | $-2.15B | $-2.17B | · | $-2.61B | $-2.66B | |
| Liabilities + Equity | $4.96B | $5.07B | $4.81B | $4.88B | $4.87B | $4.98B | $4.95B | $5.22B | · | $5.24B | $5.20B | $5.36B | · | $5.13B | $4.90B | |
| Shares Outstanding | 201,000,000 | 201,000,000 | 208,000,000 | 212,000,000 | 216,000,000 | 217,000,000 | 220,000,000 | 223,000,000 | 225,000,000 | 227,000,000 | 228,000,000 | 229,000,000 | 229,000,000 | 228,000,000 | 228,000,000 |
Cash Flow 13
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock-based Comp | $8M | $6M | · | $10M | $9M | $9M | · | $12M | $14M | $11M | $11M | $7M | $12M | $11M | $3M | |
| Deferred Tax | · | $64M | · | · | $-10M | $-1M | · | · | $-127M | $0 | · | · | $14M | $1M | $0 | |
| Operating Cash Flow | $244M | $877M | · | $188M | $955M | $-99M | · | $76M | $926M | $-49M | $33M | $44M | $1.08B | $-14M | $15M | |
| CapEx | $49M | $63M | · | $37M | $60M | $65M | · | $46M | $48M | $72M | $85M | $93M | $76M | $91M | $73M | |
| Investing Cash Flow | $-42M | $-60M | · | $-39M | $-48M | $-74M | · | $-46M | $-47M | $-63M | $-82M | $-94M | $-76M | $-90M | $-74M | |
| Net Debt Issued | $-289M | · | · | $0 | · | · | $-92M | $-110M | · | $-161M | $-106M | $-74M | · | · | · | |
| Stock Repurchased | $0 | $57M | · | $136M | $52M | $101M | · | $96M | $49M | $51M | $48M | $0 | $0 | $0 | $85M | |
| Net Stock Activity | $0 | · | · | $-136M | · | · | · | $-96M | · | · | · | $0 | · | · | · | |
| Dividends Paid | $40M | $41M | $42M | $43M | $42M | $44M | $45M | $45M | $45M | $45M | $46M | $46M | $46M | $46M | $46M | |
| Financing Cash Flow | $-335M | $-102M | · | $-188M | $-422M | $-150M | · | $-259M | $-206M | $-266M | $-208M | $-135M | $-63M | $-53M | $-140M | |
| Net Change in Cash | $-133M | $717M | · | $-38M | $483M | $-323M | · | $-229M | $672M | $-378M | $-256M | $-186M | $937M | $-157M | $-199M | |
| Free Cash Flow | $195M | · | · | $151M | · | · | · | $30M | · | · | · | $-49M | · | · | · | |
| Levered FCF | $119M | · | · | $100M | · | · | · | $-30M | · | · | · | $-113M | · | · | · |
Profitability 8
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 42.6% | · | 41.3% | 45.4% | · | 43.5% | 41.0% | 43.8% | · | 43.7% | 39.9% | 42.7% | · | 42.3% | 40.8% | |
| Operating Margin | 16.8% | · | 10.1% | 14.7% | · | 13.5% | 12.0% | 13.5% | · | 14.1% | 12.1% | 13.0% | · | 12.6% | 15.0% | |
| Net Margin | 13.3% | · | 4.1% | 7.4% | · | 6.6% | 10.0% | 6.3% | · | 7.6% | 6.3% | 5.8% | · | 5.7% | 7.4% | |
| Pretax Margin | 12.0% | · | 6.1% | 10.2% | · | 9.0% | 10.0% | 8.5% | · | 10.2% | 8.2% | 8.0% | · | 7.4% | 9.8% | |
| EBITDA Margin | 16.8% | · | 10.1% | 14.7% | · | 13.5% | 12.0% | 13.5% | · | 14.1% | 12.1% | 13.0% | · | 12.6% | 15.0% | |
| ROA | · | · | · | · | · | 2.1% | 3.0% | 1.6% | · | 2.3% | 2.0% | 1.6% | · | 1.6% | 1.6% | |
| ROE | · | · | · | · | · | -5.5% | -7.8% | -4.5% | · | -5.0% | -4.1% | -3.4% | · | -4.2% | -6.2% | |
| ROIC | · | · | · | · | · | 7.5% | 8.4% | 5.3% | · | 7.0% | 5.8% | 5.0% | · | 6.9% | 8.4% |
Liquidity & Solvency 5
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | · | · | · | · | · | 1.1 | 1.1 | 1.6 | · | 1.4 | 1.6 | 1.6 | · | 1.3 | 1.4 | |
| Quick Ratio | · | · | · | · | · | 0.2 | 0.4 | 0.8 | · | 0.4 | 0.8 | 0.9 | · | 0.4 | 0.5 | |
| Debt / Equity | · | · | · | · | · | -2.2 | -2.3 | -2.6 | · | -2.1 | -2.2 | -2.2 | · | -1.9 | -1.8 | |
| LT Debt / Equity | · | · | · | · | · | -2.2 | -2.3 | -2.6 | · | -2.1 | -2.2 | -2.2 | · | -1.9 | -1.8 | |
| Interest Coverage | 3.3 | · | 2.3 | 2.9 | · | 2.8 | 2.4 | 2.3 | · | 2.6 | 2.2 | 2.0 | · | 2.3 | 2.8 |
Efficiency 3
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | · | · | · | · | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.2 | |
| Inventory Turnover | · | · | · | · | · | 0.8 | 1.1 | 1.0 | · | 0.7 | 1.0 | 1.0 | · | 0.8 | 0.8 | |
| Receivables Turnover | · | · | · | · | · | 8.1 | 10.2 | 10.4 | · | 7.1 | 9.3 | 8.9 | · | 6.6 | 7.8 |
Valuation (TTM) 16
| Metric | Trend | Q2 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $5.95B | · | $6.19B | $6.17B | · | · | · | $5.89B | · | $7.41B | $7.45B | $7.51B | · | $7.70B | $7.78B | |
| Net Income TTM | $429M | · | $381M | $469M | · | · | · | $392M | · | $733M | $705M | $726M | · | $960M | $957M | |
| Market Cap | · | · | · | · | · | $6.28B | $7.30B | $10.25B | · | $6.42B | $8.33B | $8.04B | · | $7.66B | $8.10B | |
| Enterprise Value | · | · | · | · | · | $9.97B | $10.67B | $13.68B | · | $10.51B | $12.21B | $11.77B | · | $12.22B | $12.51B | |
| P/E | 9.3 | · | 15.9 | 14.5 | · | · | · | 26.9 | · | 8.9 | 11.9 | 11.1 | · | 8.7 | 9.4 | |
| P/S | · | · | · | · | · | · | · | 1.7 | · | 0.9 | 1.1 | 1.1 | · | 1.0 | 1.0 | |
| P/B | · | · | · | · | · | -3.6 | -4.2 | -6.1 | · | -3.0 | -3.9 | -3.7 | · | -2.9 | -3.0 | |
| P / Cash Flow | · | · | · | · | · | · | · | 134.9 | · | · | · | 182.7 | · | · | · | |
| P / FCF | · | · | · | · | · | · | · | 341.7 | · | · | · | -164.0 | · | · | · | |
| EV / EBITDA | · | · | · | · | · | 45.7 | 58.3 | 73.1 | · | 47.5 | 64.9 | 65.0 | · | 60.5 | 51.7 | |
| EV / FCF | · | · | · | · | · | · | · | 455.9 | · | · | · | -240.3 | · | · | · | |
| EV / Revenue | · | · | · | · | · | · | · | 2.3 | · | 1.4 | 1.6 | 1.6 | · | 1.6 | 1.6 | |
| Dividend Yield | · | · | · | · | · | · | · | 1.8% | · | 2.9% | 2.2% | 2.3% | · | 2.3% | 2.1% | |
| Earnings Yield | 10.7% | · | 6.3% | 6.9% | · | · | · | 3.7% | · | 11.3% | 8.4% | 9.0% | · | 11.4% | 10.6% | |
| Payout Ratio | 21.9% | · | 65.6% | 40.9% | · | 41.5% | 29.6% | 51.7% | · | 37.8% | 46.5% | 56.8% | · | 50.5% | 38.3% | |
| Annual Payout | $164M | · | · | · | · | · | · | $181M | · | $183M | $184M | $184M | · | $179M | $172M |
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
Income Statement
| 2026-01-31 | 2025-05-03 | 2025-02-01 | 2024-11-02 | 2024-08-03 | |
|---|---|---|---|---|---|
| Revenue | $7.29B | — | $7.31B | — | — |
| Gross Margin % | 43.7% | — | 44.3% | — | — |
| Operating Margin % | 15.4% | — | 17.3% | — | — |
| Net Income | $649M | — | $798M | — | — |
| Diluted EPS | $3.11 | — | $3.61 | — | — |
Balance Sheet
| 2026-01-31 | 2025-05-03 | 2025-02-01 | 2024-11-02 | 2024-08-03 | |
|---|---|---|---|---|---|
| Debt / Equity | -2.8 | — | -2.8 | — | — |
| Current Ratio | 1.3 | — | 1.5 | — | — |
| Quick Ratio | 0.7 | — | 0.7 | — | — |
Cash Flow
| 2026-01-31 | 2025-05-03 | 2025-02-01 | 2024-11-02 | 2024-08-03 | |
|---|---|---|---|---|---|
| Free Cash Flow | $865M | — | $660M | — | — |
Latest News Recent headlines mentioning this company
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Institutional owners (13F) 527 filers · $3.4B total · As of June 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
Institutional activity — Q2 2026 vs prior quarter
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 84 (-7 vs prior Q) | 66 (+10 vs prior Q) | 151 (-50 vs prior Q) | 190 (+53 vs prior Q) | +28.1M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD PORTFOLIO MANAGEMENT LLC | $393,596,063 | 17,016,691 | 11.67% | Shares |
| FMR LLC | $371,509,272 | 16,061,793 | 11.01% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $209,711,915 | 9,066,663 | 6.22% | Shares |
| STATE STREET CORP | $165,151,253 | 7,140,132 | 4.90% | Shares |
| CITADEL ADVISORS LLC | $118,110,361 | 5,106,371 | 3.50% | Shares |
| ALLIANCEBERNSTEIN L.P. | $104,659,931 | 5,605,781 | 3.10% | Shares |
| AMERICAN CENTURY COMPANIES INC | $94,692,277 | 4,093,916 | 2.81% | Shares |
| RENAISSANCE TECHNOLOGIES LLC | $92,516,137 | 3,999,833 | 2.74% | Shares |
| GMT Capital Corp | $80,897,175 | 3,497,500 | 2.40% | Shares |
| D. E. Shaw & Co., Inc. | $71,917,461 | 3,109,272 | 2.13% | Shares |
| FULLER & THALER ASSET MANAGEMENT, INC. | $71,456,527 | 3,089,344 | 2.12% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $68,107,051 | 2,943,621 | 2.02% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $65,080,534 | 2,813,685 | 1.93% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $61,573,419 | 2,662,059 | 1.83% | Shares |
| Point72 Asset Management, L.P. | $56,579,380 | 2,446,147 | 1.68% | Shares |
| Quantinno Capital Management LP | $53,464,892 | 2,311,495 | 1.59% | Shares |
| NORGES BANK | $52,712,599 | 2,278,971 | 1.56% | Shares |
| CANADA PENSION PLAN INVESTMENT BOARD | $46,706,432 | 2,019,301 | 1.38% | Shares |
| GOLDMAN SACHS GROUP INC | $45,409,672 | 1,963,237 | 1.35% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $39,686,477 | 1,715,801 | 1.18% | Shares |
| BANK OF AMERICA CORP /DE/ | $37,370,077 | 1,615,654 | 1.11% | Shares |
| Callodine Capital Management, LP | $31,057,808 | 1,342,750 | 0.92% | Shares |
| MILLENNIUM MANAGEMENT LLC | $30,360,901 | 1,312,620 | 0.90% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $29,513,094 | 1,275,966 | 0.87% | Shares |
| VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P. | $28,900,750 | 1,249,492 | 0.86% | Shares |
| EARNEST PARTNERS LLC | $28,450,802 | 1,230,039 | 0.84% | Shares |
| Gotham Asset Management, LLC | $27,359,621 | 1,182,863 | 0.81% | Shares |
| VANGUARD GROUP INC | $25,172,348 | 1,253,603 | 0.75% | Shares |
| Connor, Clark & Lunn Investment Management Ltd. | $24,759,092 | 1,070,432 | 0.73% | Shares |
| ROYCE & ASSOCIATES LP | $24,129,586 | 1,043,216 | 0.72% | Shares |
| TWO SIGMA INVESTMENTS, LP | $23,380,984 | 1,010,851 | 0.69% | Shares |
| MASTERS CAPITAL MANAGEMENT LLC | $23,130,000 | 1,000,000 | 0.69% | Call option |
| Capital International Investors | $21,829,631 | 943,780 | 0.65% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $20,365,734 | 880,490 | 0.60% | Shares |
| RAYMOND JAMES FINANCIAL INC | $19,737,905 | 853,347 | 0.59% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $19,008,234 | 821,800 | 0.56% | Put option |
| Balyasny Asset Management L.P. | $18,882,615 | 816,369 | 0.56% | Shares |
| BARINGTON COMPANIES MANAGEMENT, LLC | $17,925,750 | 775,000 | 0.53% | Shares |
| Qube Research & Technologies Ltd | $17,328,140 | 749,163 | 0.51% | Shares |
| OLD NATIONAL BANCORP /IN/ | $14,955,696 | 646,593 | 0.44% | Shares |
| Makaira Partners LLC | $14,745,848 | 734,355 | 0.44% | Shares |
| STRS OHIO | $13,899,603 | 600,934 | 0.41% | Shares |
| Retirement Systems of Alabama | $13,427,150 | 580,508 | 0.40% | Shares |
| HSBC HOLDINGS PLC | $13,155,786 | 567,549 | 0.39% | Shares |
| RHUMBLINE ADVISERS | $11,903,457 | 514,635 | 0.35% | Shares |
| ALGERT GLOBAL LLC | $11,640,496 | 503,264 | 0.35% | Shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $11,504,862 | 497,400 | 0.34% | Call option |
| NEW YORK STATE COMMON RETIREMENT FUND | $11,090,465 | 479,484 | 0.33% | Shares |
| BNP PARIBAS FINANCIAL MARKETS | $10,624,395 | 459,334 | 0.31% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $10,525,445 | 455,056 | 0.31% | Shares |
| PRUDENTIAL FINANCIAL INC | $10,440,789 | 451,396 | 0.31% | Shares |
| CAPITAL FUND MANAGEMENT S.A. | $9,430,447 | 407,715 | 0.28% | Shares |
| Erste Asset Management GmbH | $9,317,873 | 396,523 | 0.28% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $9,316,301 | 402,780 | 0.28% | Shares |
| Swiss National Bank | $9,101,655 | 393,500 | 0.27% | Shares |
| California Public Employees Retirement System | $8,948,743 | 386,889 | 0.27% | Shares |
| Verition Fund Management LLC | $8,939,976 | 386,510 | 0.27% | Shares |
| FIRST TRUST ADVISORS LP | $8,420,684 | 364,059 | 0.25% | Shares |
| BlackRock, Inc. | $8,364,386 | 361,625 | 0.25% | Shares |
| LOS ANGELES CAPITAL MANAGEMENT LLC | $8,128,807 | 351,440 | 0.24% | Shares |
| AMERIPRISE FINANCIAL INC | $8,050,442 | 348,052 | 0.24% | Shares |
| IEQ CAPITAL, LLC | $7,178,430 | 310,352 | 0.21% | Shares |
| PRIMECAP MANAGEMENT CO/CA/ | $7,109,700 | 307,380 | 0.21% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $7,075,174 | 304,448 | 0.21% | Shares |
| SCOPUS ASSET MANAGEMENT, L.P. | $6,939,000 | 300,000 | 0.21% | Call option |
| SCOPUS ASSET MANAGEMENT, L.P. | $6,939,000 | 300,000 | 0.21% | Put option |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $6,911,683 | 298,819 | 0.20% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $6,704,716 | 289,871 | 0.20% | Shares |
| WOLVERINE TRADING, LLC | $6,637,482 | 254,700 | 0.20% | Put option |
| WELLS FARGO & COMPANY/MN | $6,255,277 | 270,440 | 0.19% | Shares |
| SEGALL BRYANT & HAMILL, LLC | $6,188,732 | 267,563 | 0.18% | Shares |
| PARADIGM CAPITAL MANAGEMENT INC/NY | $6,013,800 | 260,000 | 0.18% | Shares |
| Mitsubishi UFJ Trust & Banking Corp | $5,965,111 | 257,895 | 0.18% | Shares |
| KWMG, LLC | $5,343,014 | 230,999 | 0.16% | Shares |
| SEI INVESTMENTS CO | $5,241,030 | 226,590 | 0.16% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $5,118,483 | 221,292 | 0.15% | Shares |
| ExodusPoint Capital Management, LP | $5,105,901 | 220,748 | 0.15% | Shares |
| CWM, LLC | $5,058,869 | 270,962 | 0.15% | Shares |
| Daiwa Securities Group Inc. | $4,596,833 | 198,739 | 0.14% | Shares |
| 1834 INVESTMENT ADVISORS CO | $4,464,646 | 193,024 | 0.13% | Shares |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $4,460,636 | 238,920 | 0.13% | Shares |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | $4,301,902 | 185,988 | 0.13% | Shares |
| FEDERATED HERMES, INC. | $4,280,785 | 185,075 | 0.13% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $4,178,111 | 180,636 | 0.12% | Shares |
| MERCER GLOBAL ADVISORS INC /ADV | $4,158,171 | 179,774 | 0.12% | Shares |
| Vanguard Global Advisers, LLC | $4,053,625 | 175,254 | 0.12% | Shares |
| STATE OF WISCONSIN INVESTMENT BOARD | $3,935,570 | 170,150 | 0.12% | Shares |
| Mariner, LLC | $3,867,260 | 167,205 | 0.11% | Shares |
| Mubadala Investment Co PJSC | $3,738,039 | 161,610 | 0.11% | Shares |
| Caisse de depot et placement du Quebec | $3,719,304 | 160,800 | 0.11% | Shares |
| Eisler Capital Management Ltd. | $3,655,400 | 140,000 | 0.11% | Put option |
| WEDGE CAPITAL MANAGEMENT L L P/NC | $3,474,898 | 186,122 | 0.10% | Shares |
| Balyasny Asset Management L.P. | $3,469,500 | 150,000 | 0.10% | Call option |
| JUPITER ASSET MANAGEMENT LTD | $3,450,880 | 149,195 | 0.10% | Shares |
| Bronte Capital Management Pty Ltd. | $3,326,094 | 143,800 | 0.10% | Shares |
| JANE STREET GROUP, LLC | $3,208,131 | 138,700 | 0.10% | Call option |
| ENVESTNET ASSET MANAGEMENT INC | $3,192,275 | 138,015 | 0.09% | Shares |
| Holocene Advisors, LP | $3,175,934 | 137,308 | 0.09% | Shares |
| PICTON MAHONEY ASSET MANAGEMENT | $3,018,235 | 130,490 | 0.09% | Shares |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $2,874,426 | 155,110 | 0.09% | Shares |
Company insiders 56 insiders · 11 officers · 17 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Sharen J Turney | CEO/P VS Megabrand Int App Grp | Nov. 4, 2015 S | 446,697 | 0 | 0 | $0 |
| Diane L Neal | CEO Bath & Body Works | May 20, 2011 M | 126,400 | 0 | 0 | $0 |
| Jerry D Stritzke | CEO Mast Indus/SVP Prod&Sourc | Nov. 15, 2004 M | 0 | 0 | 0 | $0 |
| Tom Javitch | Interim CFO | June 12, 2026 A | 59,003 | 0 | 0 | $0 |
| Kenneth T Stevens | EVP and CFO | Aug. 2, 2006 F | 72,212 | 0 | 0 | $0 |
| Ann V Hailey | EVP and CFO | Feb. 6, 2006 F | 219,277 | 0 | 0 | $0 |
| Jay Margolis | Group President, Apparel | March 30, 2007 A | 151,162 | 0 | 0 | $0 |
| Jane L Ramsey | EVP of HR | July 3, 2014 G | 150,923 | 0 | 0 | $0 |
| Martyn R Redgrave | EVP & Chief Admin Officer | July 17, 2012 G | 41,809 | 0 | 0 | $0 |
| Mark A Giresi | EVP, Retail Operations | Sept. 7, 2007 A | 80,836 | 0 | 0 | $0 |
| Sandra Lynn West | EVP-Human Resources | March 27, 2006 S | 25,419 | 0 | 0 | $0 |
| Lucy Brady | Director | June 11, 2026 A | 25,452 | 1 | 0 | $49,968 |
| Juan Rajlin | Director | June 11, 2026 A | 24,490 | 0 | 0 | $0 |
| Danielle M. Lee | Director | June 11, 2026 A | 26,181 | 0 | 0 | $0 |
| Francis Hondal | Director | June 11, 2026 A | 13,611 | 1 | 0 | $50,145 |
| James Kevin Symancyk | Director | June 11, 2026 A | 48,349 | 1 | 0 | $350,550 |
| Alessandro Bogliolo | Director | June 11, 2026 A | 24,490 | 0 | 0 | $0 |
| Steven E Voskuil | Director | June 11, 2026 A | 41,895 | 1 | 0 | $300,800 |
| Sarah E Nash | Director | June 11, 2026 A | 298,895 | 1 | 0 | $155,800 |
| Stephen D Steinour | Director | June 11, 2026 A | 56,145 | 1 | 0 | $99,562 |
| LIMITED BRANDS INC | Director | Aug. 2, 2021 J | 0 | 0 | 0 | $0 |
| William R Loomis Jr | Director | May 22, 2015 A | 10,264 | 0 | 0 | $0 |
| James L Heskett | Director | March 30, 2012 A | 14,054 | 0 | 0 | $0 |
| Jeffrey B Swartz | Director | May 3, 2010 A | — | 0 | 0 | $0 |
| Leonard A Schlesinger | Director | Aug. 24, 2007 A | 241,542 | 0 | 0 | $0 |
| Eugene M Freedman | Director | May 7, 2007 A | 32,635 | 0 | 0 | $0 |
| Donald B Shackelford | Director | May 4, 2005 A | 4,836 | 0 | 0 | $0 |
| Ann Aber | — | Aug. 10, 2026 A | 12,940 | 0 | 0 | $0 |
| Thomas E. Mazurek | — | May 19, 2026 F | 115,170 | 0 | 0 | $0 |
| Daniel Heaf | — | May 16, 2026 F | 288,249 | 0 | 0 | $0 |
| Eva C Boratto | — | March 13, 2026 F | 223,459 | 0 | 0 | $0 |
| Michael C. Wu | — | May 28, 2025 F | 88,916 | 0 | 0 | $0 |
| Gina Boswell | — | March 13, 2025 A | 332,712 | 0 | 0 | $0 |
| Deon Riley | — | Aug. 18, 2024 F | 83,204 | 0 | 0 | $0 |
| Julie Rosen | — | Aug. 18, 2024 F | 80,389 | 0 | 0 | $0 |
| Patricia S. Bellinger | — | June 8, 2023 A | 36,713 | 0 | 0 | $0 |
| Thomas Kuhn | — | June 8, 2023 A | 9,269 | 0 | 0 | $0 |
| Michael G Morris | — | June 8, 2023 A | 79,419 | 0 | 0 | $0 |
| Wendy C. Arlin | — | May 19, 2023 F | 89,194 | 0 | 0 | $0 |
| James L. Bersani | — | May 11, 2022 F | 170,010 | 0 | 0 | $0 |
| Andrew Meslow | — | March 31, 2022 F | 259,662 | 0 | 0 | $0 |
| Christopher T. Cramer | — | March 28, 2022 F | 104,377 | 0 | 0 | $0 |
| Robert H Schottenstein | — | Nov. 24, 2021 S | 26,480 | 0 | 0 | $0 |
| Anne Sheehan | — | July 8, 2021 M | 26,690 | 0 | 0 | $0 |
| Stuart B Burgdoerfer | — | July 8, 2021 F | 84,085 | 0 | 0 | $0 |
| Donna James | — | July 8, 2021 M | 80,931 | 0 | 0 | $0 |
| Gordon Gee | — | May 14, 2020 A | 40,489 | 0 | 0 | $0 |
| ZIMMERMAN RAYMOND | — | May 14, 2020 A | 50,038 | 0 | 0 | $0 |
| TESSLER ALLAN R | — | May 14, 2020 A | 58,277 | 0 | 0 | $0 |
| Charles Mcguigan | — | May 13, 2020 F | 216,371 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
Activists & 5%+ owners 18 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Third Point LLC, Daniel S. Loeb ×4 filings | Oct. 25, 2024 | — | Initial filing | — | SEC |
| Leslie H. Wexner, Abigail S. Wexner ×7 filings | July 20, 2021 | — | Initial filing | — | SEC |
| Dennis S. Hersch ×2 filings | Sept. 2, 2020 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 23, 2009 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | March 7, 2008 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Nov. 27, 2007 | — | Initial filing | Passive investment | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Sept. 21, 2007 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 31, 2006 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | July 3, 2006 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Sept. 7, 2005 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 3, 2004 | — | Initial filing | — | SEC |
| Limited Direct Associates, L.P. I.R.A., Limited Direct, Inc. I.R.A., Limited Brands, Inc. I.R.A. | Sept. 2, 2004 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Aug. 29, 2003 | — | Initial filing | — | SEC |
| FS Equity Partners IV, L.P., FS Capital Partners LLC, Limited Brands, Inc. ×2 filings | Aug. 18, 2003 | — | Initial filing | — | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Feb. 19, 2003 | — | Initial filing | — | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 101 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| ZIG · ETF Series Solutions | 3.15% | 53,076 NS | April 30, 2026 | N-PORT |
| LSEQ · Harbor ETF Trust | 2.06% | 16,267 NS | April 30, 2026 | N-PORT |
| RETL · Direxion Shares ETF Trust | 0.96% | 15,533 NS | April 30, 2026 | N-PORT |
| CALF · Pacer Funds Trust | 0.92% | 1,626,228 NS | April 30, 2026 | N-PORT |
| FXD · First Trust Exchange-Traded AlphaDE… | 0.86% | 117,026 NS | April 30, 2026 | N-PORT |
| BSJR · Invesco Exchange-Traded Self-Indexe… | 0.68% | 5,861,000 | Aug. 8, 2026 | Daily |
| HIDV · AB Active ETFs, Inc. | 0.67% | 63,980 NS | May 31, 2026 | N-PORT |
| VGHY · VANGUARD FIXED INCOME SECURITIES FU… | 0.60% | 1,808,000 PA | Aug. 8, 2026 | Daily |
| FNK · First Trust Exchange-Traded AlphaDE… | 0.59% | 65,302 NS | April 30, 2026 | N-PORT |
| MCOW · Pacer Funds Trust | 0.57% | 287 NS | April 30, 2026 | N-PORT |
| EPMV · Harbor ETF Trust | 0.54% | 1,240 NS | April 30, 2026 | N-PORT |
| EPSV · Harbor ETF Trust | 0.49% | 1,268 NS | April 30, 2026 | N-PORT |
| BSJS · Invesco Exchange-Traded Self-Indexe… | 0.40% | 2,929,000 | Aug. 8, 2026 | Daily |
| RFV · Invesco Exchange-Traded Fund Trust | 0.39% | 64,445 SH | Aug. 8, 2026 | Daily |
| QDF · FlexShares Trust | 0.38% | 410,850 NS | April 30, 2026 | N-PORT |
| RWK · Invesco Exchange-Traded Fund Trust … | 0.32% | 212,860 SH | Aug. 8, 2026 | Daily |
| PAMC · Pacer Funds Trust | 0.28% | 9,220 NS | April 30, 2026 | N-PORT |
| VGMS · VANGUARD MALVERN FUNDS | 0.28% | 655,000 PA | Aug. 8, 2026 | Daily |
| IVOV · VANGUARD ADMIRAL FUNDS | 0.27% | 172,936 SH | Aug. 8, 2026 | Daily |
| IJJ · iShares Trust | 0.23% | 1,025,266 SH | Aug. 8, 2026 | Daily |
| FNX · First Trust Exchange-Traded AlphaDE… | 0.21% | 145,849 NS | April 30, 2026 | N-PORT |
| VMAX · Lattice Strategies Trust | 0.19% | 4,657 NS | April 30, 2026 | N-PORT |
| BKSE · BNY Mellon ETF Trust | 0.18% | 7,456 NS | April 30, 2026 | N-PORT |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.18% | 12,545 NS | April 30, 2026 | N-PORT |
| MSSM · MORGAN STANLEY PATHWAY FUNDS | 0.17% | 62,743 NS | May 31, 2026 | N-PORT |
| MIDE · DBX ETF Trust | 0.16% | 276 NS | May 29, 2026 | N-PORT |
| VSDB · VANGUARD MALVERN FUNDS | 0.16% | 1,490,000 PA | Aug. 8, 2026 | Daily |
| AFMC · First Trust Exchange-Traded Fund VI… | 0.16% | 12,819 NS | May 31, 2026 | N-PORT |
| AFSM · First Trust Exchange-Traded Fund VI… | 0.16% | 7,740 NS | May 31, 2026 | N-PORT |
| VFVA · VANGUARD WELLINGTON FUND | 0.15% | 54,365 SH | Aug. 8, 2026 | Daily |
| VCR · VANGUARD WORLD FUND | 0.15% | 457,337 SH | Aug. 8, 2026 | Daily |
| QVMM · Invesco Exchange-Traded Fund Trust … | 0.14% | 29,995 SH | Aug. 8, 2026 | Daily |
| IVOO · VANGUARD ADMIRAL FUNDS | 0.13% | 324,945 SH | Aug. 8, 2026 | Daily |
| XJH · iShares Trust | 0.13% | 27,222 SH | Aug. 8, 2026 | Daily |
| ISCV · iShares Trust | 0.12% | 42,268 SH | Aug. 8, 2026 | Daily |
| IEDI · iShares U.S. ETF Trust | 0.12% | 1,670 SH | Aug. 8, 2026 | Daily |
| PTMC · Pacer Funds Trust | 0.12% | 23,482 NS | April 30, 2026 | N-PORT |
| PKW · Invesco Exchange-Traded Fund Trust | 0.11% | 98,420 SH | Aug. 8, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.11% | 42,301 NS | April 30, 2026 | N-PORT |
| IJH · iShares Trust | 0.11% | 6,943,959 SH | Aug. 8, 2026 | Daily |
| SMLF · iShares Trust | 0.11% | 230,485 SH | Aug. 8, 2026 | Daily |
| VBR · VANGUARD INDEX FUNDS | 0.10% | 2,928,762 SH | Aug. 8, 2026 | Daily |
| QDEF · FlexShares Trust | 0.10% | 26,394 NS | April 30, 2026 | N-PORT |
| GMOV · GMO ETF Trust | 0.09% | 4,205 NS | May 31, 2026 | N-PORT |
| MVV · ProShares Trust | 0.09% | 7,075 NS | May 31, 2026 | N-PORT |
| ESML · iShares Trust | 0.09% | 125,521 SH | Aug. 8, 2026 | Daily |
| FDIS · FIDELITY COVINGTON TRUST | 0.09% | 78,426 NS | April 30, 2026 | N-PORT |
| BBMC · J.P. Morgan Exchange-Traded Fund Tr… | 0.08% | 83,076 NS | April 30, 2026 | N-PORT |
| MIDU · Direxion Shares ETF Trust | 0.08% | 3,391 NS | April 30, 2026 | N-PORT |
| SCHM · SCHWAB STRATEGIC TRUST | 0.08% | 555,486 NS | May 31, 2026 | N-PORT |