The retailer has re-affirmed its initial full-year guidance for 2025 with expected net sales growth between 1% and 3%.

Bath & Body Works has chosen a former Nike executive to become its new CEO: Daniel Heaf. The company also put out preliminary first-quarter results.

Along with the CEO change, Bath & Body Works announced preliminary Q1 earnings per share of $0.49 on net sales up 3% year-over-year to $1.42 billion. The "sales were at the high end of the guidance range, and earnings per share exceeded the high end of the guidance range," it said.