Bath & Body Works Inc. (BBWI)
Gross profit margin
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 3,236,000 | 3,255,000 | 3,855,000 | 3,096,000 | 2,387,000 |
| Revenue | US$ in thousands | 7,118,000 | 7,212,000 | 7,299,000 | 11,356,000 | 12,496,000 |
| Gross profit margin | 45.46% | 45.13% | 52.82% | 27.26% | 19.10% |
February 3, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $3,236,000K ÷ $7,118,000K
= 45.46%
Bath & Body Works Inc.'s gross profit margin has shown varying trends over the past five years. The company's gross profit margin was 45.46% as of February 3, 2024, compared to 45.13% in January 28, 2023. This indicates a relatively stable performance in maintaining gross profit margins.
However, when comparing the current margin to previous years, significant fluctuations are evident. In January 29, 2022, Bath & Body Works recorded a gross profit margin of 52.82%, reflecting a strong profitability position. This figure decreased to 27.26% on January 30, 2021, before significantly increasing to 45.46% in the most recent period.
The notable increase from 2019 to 2022 suggests improvements in cost management, pricing strategies, or product mix that positively impacted the company's profitability. Conversely, the decrease in 2021 could have been due to various factors such as increased costs, higher discounts, or pricing pressures.
Overall, monitoring Bath & Body Works Inc.'s gross profit margin trends can provide insights into the company's ability to generate profits from its goods and services and its overall operational efficiency.
Peer comparison
Feb 3, 2024