Bath & Body Works, Inc. (BBWI) CEO Sarah Nash on Q2 2022 Results - Earnings Call Transcript

Bath & Body Works, Inc. (NYSE:BBWI) Q2 2022 Earnings Conference Call August 18, 2022 9:00 AM ET

Company Participants

Wendy Arlin - Chief Financial Officer

Sarah Nash - Executive Chair & Interim Chief Executive Officer

Julie Rosen - President

Conference Call Participants

Lorraine Hutchinson - Bank of America

Jesse Sobelson - Wells Fargo

Simeon Siegel - BMO Capital Markets

Alex Straton - Morgan Stanley

Leah Jordan - Goldman Sachs

Olivia Tong - Raymond James

Stephanie Wissink - Jefferies

Alec Legg - B. Riley

Matthew Boss - JPMorgan

Dana Telsey - Telsey Advisory Group

Jonna Kim - Cowen & Co.

Korinne Wolfmeyer - Piper Sandler

Operator

Good morning. My name is Madison, and I will be your conference operator today. At this time, I would like to welcome everyone to the Bath & Body Works Second Quarter 2022 Earnings Conference Call. Please be advised that today’s conference is being recorded. [Operator Instructions]

I would now turn the call over to Ms. Wendy Arlin, Chief Financial Officer at Bath & Body Works. Thank you. Wendy, you may begin.

Wendy Arlin

Good morning. Welcome to Bath & Body Works’ second quarter earnings conference call for the period ended July 30, 2022. As a matter of formality, any forward-looking statements we may make today are subject to our Safe Harbor statements found in our SEC filings and in our press releases.

Joining me on the call today are Executive Chair of the Board and Interim CEO, Sarah Nash; and Brand President, Julie Rosen. All results we discuss on the call today are adjusted results and exclude the significant items as described in our press release. All results we discuss today represent the continuing operations of the Bath & Body Works business. The results of the Victoria’s Secret business has been classified as discontinued operations.

I’ll now turn the call over to Sarah.

Sarah Nash

Thanks, Wendy, and thank you, everyone, for joining the call today. I am delighted to be here speaking with you in my role as the company's Interim CEO. The more time I spend in the day-to-day operations of the business, the more I appreciate the talented and experienced management team who lead this business. I also have been so impressed by the associates in our business and our customer first focus. The time spent with our team has only reinforced for me how the company's innovation capabilities and predominantly North American supply chain provide us speed and agility that set us apart. And I would also like to appreciate all our vendor partners who support us in bringing our products to our customers.