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Bath & Body Works Inc. (NYSE:BBWI) is one of the 9 Stocks With Unbelievable Gains.

Bath & Body Works climbed by 9.7 percent on Wednesday to end at $19.45 apiece after growing its profits in the first quarter of the year by 74 percent and beating net sales expectations.

In an updated report, Bath & Body Works Inc. (NYSE:BBWI) said that net income stood at $183 million, versus the $105 million in the same period last year. Net sales finished at $1.378 billion, lower by 3 percent than the $1.424 billion in the same period last year, but ended better than its earlier guidance of a 4 to 6 percent decline.

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Bath & Body Works Inc. (NYSE:BBWI) CEO Daniel Heaf said that the performance may have exceeded earlier expectations, “but remains below the standard our brand is capable of delivering.”

“We believe that the foundation we are building will drive improved performance over time, with the impact expected to build through the balance of 2026 and more meaningfully into 2027, as we position the company to return to sustainable, durable growth,” he noted.

For the second quarter, Bath & Body Works Inc. (NYSE:BBWI) is targeting net sales to decline by 3 to 5 percent from $1.549 billion in the second quarter of 2025. Earnings per diluted share are also expected to drop by 16.7 to 33 percent to a range of $0.20 to $0.25, compared with $0.30 year-on-year.

In other news, Bath & Body Works Inc. (NYSE:BBWI) is underway with the search for a new Finance chief after Eva Boratto announced plans to step down from her post effective June 12 to pursue the same role at Cencora, a drug wholesale and distribution company.

Boratto will be temporarily replaced by Tom Javitch while the company searches for a permanent replacement.

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