Bridger Management Sells Entire Stake in Bath & Body Works Amid Struggles
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2026
0mins
Should l Buy BBWI?
Source: Fool
- Share Sale Details: Bridger Management disclosed the sale of 300,619 shares of Bath & Body Works in Q4 2026, with an estimated transaction value of $7.74 million, indicating a strategic exit during a challenging market phase.
- Declining Company Performance: As of February 17, 2026, Bath & Body Works shares were priced at $24.67, down 32.3% year-over-year and underperforming the S&P 500 by 38.07 percentage points, highlighting its struggles in a competitive landscape.
- Fund Downsizing: Bridger Management's total assets under management (AUM) shrank by 16% quarter-over-quarter, reflecting a lack of confidence in market recovery, particularly given the poor performance during its holding period of Bath & Body Works.
- Uncertain Market Outlook: Despite a modest rebound in late 2025, Bath & Body Works faces ongoing challenges with stagnant sales and declining appeal among younger consumers, leading analysts to forecast lower sales in 2026, indicating significant long-term hurdles for the company.
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Analyst Views on BBWI
Wall Street analysts forecast BBWI stock price to fall
14 Analyst Rating
4 Buy
10 Hold
0 Sell
Moderate Buy
Current: 20.800
Low
15.00
Averages
20.14
High
26.00
Current: 20.800
Low
15.00
Averages
20.14
High
26.00
About BBWI
Bath & Body Works, Inc. is a global omnichannel retailer focused on personal care and home fragrance. The Company offers a range of fragrances for the body and home, including selling collections for 3-wick candles, home fragrance diffusers, fine fragrance mists, liquid hand soaps, body lotions and body creams. It delivers customers their fragrances in multiple forms and categories. The Company sells merchandise through its retail stores in the United States and Canada, and through its Websites and other channels, under the Bath & Body Works, White Barn and other brand names. The Company’s international business is conducted through franchise, license and wholesale partners. It provides in-store experiences at more than 1,890 Company-operated Bath & Body Works locations in the United States and Canada, more than 525 international franchised locations and an online storefront at bathandbodyworks.com. Additionally, it offers a buy online pick-up in-store (BOPIS) option.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Class Action Lawsuit Filed Against Bath & Body Works, Inc.
- Lawsuit Background: A class action lawsuit has been filed against Bath & Body Works, Inc. (NYSE: BBWI) for alleged violations of federal securities laws, covering all securities purchasers from June 4, 2024, to November 19, 2025, seeking damages for investors.
- False Statements Allegations: The complaint alleges that company executives made materially false and misleading statements during the class period, failing to disclose adverse facts about the company's business and financial outlook, leading investors to misunderstand the company's actual performance.
- Financial Guidance Missteps: It is claimed that the company's strategy of
See More
Class Action Notice for Bath & Body Works Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Bath & Body Works securities between June 4, 2024, and November 19, 2025, to apply as lead plaintiffs by March 16, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Bath & Body Works made materially misleading statements during this period, failing to disclose that its strategy of 'adjacencies, collaborations, and promotions' was not effectively growing its customer base, leading to investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its strong capabilities in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with proven success in leadership roles, avoiding those that merely act as intermediaries, to ensure they receive the best representation and support in the class action.
See More
Bath & Body Works Securities Class Action Notice
- Class Action Notice: Rosen Law Firm reminds investors who purchased Bath & Body Works securities between June 4, 2024, and November 19, 2025, that they must apply to be lead plaintiff by March 16, 2026, to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors participating in the class action will not incur any upfront costs, as the law firm will operate on a contingency fee basis, which reduces financial risk for investors and encourages broader participation.
- Lawsuit Background: The lawsuit alleges that Bath & Body Works made misleading statements during the class period and failed to disclose that its business strategy was not achieving the expected customer and sales growth, resulting in investor losses when the truth emerged.
- Law Firm's Advantage: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement in history against a Chinese company, demonstrating its expertise and success in the field, which investors should consider when selecting legal counsel.
See More
Bath & Body Works Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Bath & Body Works (NYSE: BBWI) securities between June 4, 2024, and November 19, 2025, that they must apply to be lead plaintiff by March 16, 2026, to participate in the class action, as those who do not may miss out on potential compensation.
- Fee Arrangement: Investors joining the class action will not incur any upfront costs, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden.
- Lawsuit Background: The lawsuit alleges that Bath & Body Works made materially false statements during the class period, failing to disclose that its strategy of “adjacencies, collaborations, and promotions” was not effectively growing its customer base, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first by ISS Securities Class Action Services in 2017, highlighting its extensive experience and success in handling such cases.
See More
Class Action Lawsuit Reminder Against Bath & Body Works
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Bath & Body Works (NYSE:BBWI) for violations of securities laws during the period from June 4, 2024, to November 19, 2025, urging affected investors to contact the firm before March 16, 2026.
- False Statement Allegations: The complaint alleges that Bath & Body Works made false and misleading public statements during the class period, particularly failing to grow its customer base and net sales through its strategy of seeking 'adjacencies, collaborations, and promotions', resulting in investor losses.
- Failed Brand Collaboration Strategy: The company resorted to brand collaborations to 'carry quarters' despite weak financial results, which did not effectively improve its market performance and exacerbated investor losses.
- Legal Representation Information: The Schall Law Firm specializes in securities class action lawsuits and encourages affected shareholders to reach out to discuss their rights, emphasizing that investors are not represented until the class action is certified.
See More
Class Action Lawsuit Filed Against Bath & Body Works
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against Bath & Body Works in the Southern District of Ohio on behalf of investors who purchased securities between June 4, 2024, and November 19, 2025, with a deadline of March 16, 2026, to apply as lead plaintiffs.
- Financial Missteps: The complaint alleges that the company failed to disclose that its strategy of 'adjacencies, collaborations, and promotions' was not effectively growing its customer base, resulting in a 1% year-over-year revenue decline in Q3 2025, missing the 1-3% growth guidance, and a 26% drop in net income to $77 million.
- Stock Price Plunge: Following the disappointing financial results, Bath & Body Works' stock price fell by $5.22, or 24.8%, to close at $15.82 per share on November 20, 2025, indicating a negative market sentiment regarding the company's future prospects.
- Strategic Shift: The company acknowledged that its current strategy had failed to attract new customers and announced plans to exit certain adjacencies, focusing instead on core categories to improve performance and restore investor confidence.
See More
Class Action Lawsuit Filed Against Bath & Body Works, Inc.
- Lawsuit Background: A class action lawsuit has been filed against Bath & Body Works, Inc. (NYSE: BBWI) for alleged violations of federal securities laws, covering all securities purchasers from June 4, 2024, to November 19, 2025, seeking damages for investors.
- False Statements Allegations: The complaint alleges that company executives made materially false and misleading statements during the class period, failing to disclose adverse facts about the company's business and financial outlook, leading investors to misunderstand the company's actual performance.
- Financial Guidance Missteps: It is claimed that the company's strategy of
See More
Class Action Notice for Bath & Body Works Securities
- Class Action Notice: Rosen Law Firm reminds investors who purchased Bath & Body Works securities between June 4, 2024, and November 19, 2025, to apply as lead plaintiffs by March 16, 2026, to participate in the class action and potentially receive compensation.
- Lawsuit Background: The lawsuit alleges that Bath & Body Works made materially misleading statements during this period, failing to disclose that its strategy of 'adjacencies, collaborations, and promotions' was not effectively growing its customer base, leading to investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first in 2017 for the number of securities class action settlements, demonstrating its strong capabilities in this field.
- Investor Selection Advice: Investors are advised to carefully choose law firms with proven success in leadership roles, avoiding those that merely act as intermediaries, to ensure they receive the best representation and support in the class action.
See More
Bath & Body Works Securities Class Action Notice
- Class Action Notice: Rosen Law Firm reminds investors who purchased Bath & Body Works securities between June 4, 2024, and November 19, 2025, that they must apply to be lead plaintiff by March 16, 2026, to participate in the class action and potentially receive compensation.
- Fee Arrangement: Investors participating in the class action will not incur any upfront costs, as the law firm will operate on a contingency fee basis, which reduces financial risk for investors and encourages broader participation.
- Lawsuit Background: The lawsuit alleges that Bath & Body Works made misleading statements during the class period and failed to disclose that its business strategy was not achieving the expected customer and sales growth, resulting in investor losses when the truth emerged.
- Law Firm's Advantage: Rosen Law Firm specializes in securities class actions and has achieved the largest settlement in history against a Chinese company, demonstrating its expertise and success in the field, which investors should consider when selecting legal counsel.
See More
Bath & Body Works Class Action Reminder
- Class Action Notice: Rosen Law Firm reminds investors who purchased Bath & Body Works (NYSE: BBWI) securities between June 4, 2024, and November 19, 2025, that they must apply to be lead plaintiff by March 16, 2026, to participate in the class action, as those who do not may miss out on potential compensation.
- Fee Arrangement: Investors joining the class action will not incur any upfront costs, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden.
- Lawsuit Background: The lawsuit alleges that Bath & Body Works made materially false statements during the class period, failing to disclose that its strategy of “adjacencies, collaborations, and promotions” was not effectively growing its customer base, resulting in investor losses.
- Law Firm Credentials: Rosen Law Firm specializes in securities class actions and recovered over $438 million for investors in 2019 alone, being ranked first by ISS Securities Class Action Services in 2017, highlighting its extensive experience and success in handling such cases.
See More
Class Action Lawsuit Reminder Against Bath & Body Works
- Class Action Notification: The Schall Law Firm reminds investors of a class action lawsuit against Bath & Body Works (NYSE:BBWI) for violations of securities laws during the period from June 4, 2024, to November 19, 2025, urging affected investors to contact the firm before March 16, 2026.
- False Statement Allegations: The complaint alleges that Bath & Body Works made false and misleading public statements during the class period, particularly failing to grow its customer base and net sales through its strategy of seeking 'adjacencies, collaborations, and promotions', resulting in investor losses.
- Failed Brand Collaboration Strategy: The company resorted to brand collaborations to 'carry quarters' despite weak financial results, which did not effectively improve its market performance and exacerbated investor losses.
- Legal Representation Information: The Schall Law Firm specializes in securities class action lawsuits and encourages affected shareholders to reach out to discuss their rights, emphasizing that investors are not represented until the class action is certified.
See More
Class Action Lawsuit Filed Against Bath & Body Works
- Lawsuit Background: Bragar Eagel & Squire has filed a class action lawsuit against Bath & Body Works in the Southern District of Ohio on behalf of investors who purchased securities between June 4, 2024, and November 19, 2025, with a deadline of March 16, 2026, to apply as lead plaintiffs.
- Financial Missteps: The complaint alleges that the company failed to disclose that its strategy of 'adjacencies, collaborations, and promotions' was not effectively growing its customer base, resulting in a 1% year-over-year revenue decline in Q3 2025, missing the 1-3% growth guidance, and a 26% drop in net income to $77 million.
- Stock Price Plunge: Following the disappointing financial results, Bath & Body Works' stock price fell by $5.22, or 24.8%, to close at $15.82 per share on November 20, 2025, indicating a negative market sentiment regarding the company's future prospects.
- Strategic Shift: The company acknowledged that its current strategy had failed to attract new customers and announced plans to exit certain adjacencies, focusing instead on core categories to improve performance and restore investor confidence.
See More
