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Bath & Body Works BBWI Reportable Segment — Marketing Expense

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Other financials

Income statement

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Revenue$1.4B-3.2%
Gross profit$587.0M-9.1%
Operating income$231.0M+10.5%
Net income$183.0M+74.3%
EPS (diluted)$0.90+83.7%

Balance sheet

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Cash & equivalents$820.0M+28.9%
Total debt$4.7B-5.4%
Total equity-$1.1B+21.9%
Total assets$5.0B+1.7%

Cash flow

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Operating cash flow$244.0M+29.8%
CapEx$49.0M+32.4%
Free cash flow$195.0M+29.1%

Valuation

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Market cap$4.06B-34.1%
Enterprise value$7.95B-26.3%
P/E5.6×-2.9×
P/S0.6×-0.3×

Profitability

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Gross margin43.2%-1.4pp
Operating margin15.8%-1.7pp
Net margin10%-1.1pp
FCF margin10.6%+0.7pp

Returns & leverage

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Return on equity-56.3%
Debt / equity262.3×
Current ratio1.4×0.0×

Where this comes from

Reported directly by Bath & Body Works in its filing.

Tagged under the XBRL concept us-gaap:MarketingExpense.

The source filing: Bath & Body Works’s 10-Q, filed May 27, 2026.

Filed
May 27, 2026, 4:22 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q2 2026
Accession
0000701985-26-000014
Line itemFirst Quarter / 2026First Quarter / 2025
Adjusted Cost of Goods Sold(521)(509)
Buying and Occupancy(269)(269)
Adjusted Selling Expenses(256)(256)
Adjusted Marketing Expenses(51)(49)
Adjusted General and Administrative Expenses(130)(132)
Adjusted Operating Income151209
Interchange Fee Settlements (a)88
Business Transformation Activities (b)(8)

Item 1. Financial Statements

FAQ

What is Bath & Body Works's reportable segment — marketing expense?
Bath & Body Works (BBWI) reported reportable segment — marketing expense of $51M in Q1 2026.
How has Bath & Body Works's reportable segment — marketing expense changed year-over-year?
Bath & Body Works's reportable segment — marketing expense increased by 4.1% year-over-year, from $49M to $51M.
What is the long-term trend for Bath & Body Works's reportable segment — marketing expense?
Over 3 years (2022 to 2025), Bath & Body Works's reportable segment — marketing expense has grown at a 13.2% compound annual growth rate (CAGR), from $175M to $254M.
What does reportable segment — marketing expense mean?
This represents the total expenditure on advertising, promotional campaigns, and brand-building activities designed to drive customer traffic and sales. It reflects the company's investment in customer acquisition and retention strategies. Investors analyze this to determine the effectiveness of marketing spend in supporting revenue growth.

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