Bath & Body Works Stock Plummets, New Turnaround Plan Unveiled

Bath and Body Works stock plummeted 25% this week due to disappointing Q3 earnings and a grim outlook. The company, led by CEO Daniel Heaf, announced a new turnaround plan, Consumer First Formula, focusing on innovation, brand revitalization, and efficiency. This strategy includes exiting underperforming categories, improving digital platforms, and engaging influencers to attract younger consumers.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.