Bath & Body Works Beats Estimates on Demand for ‘Affordable Luxury’

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[Bath & Body Works Posts Strong First Quarter Results Fueled by Affordable Luxury Demand; CFO Announces Departure]

The US fragrance retailer reported first-quarter sales that exceeded analyst expectations, driven by robust consumer demand for its “affordable luxury” product offerings. The company also confirmed it remains on track with its previously issued full-year financial guidance while announcing the departure of its chief financial officer.

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