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Stock impact report

Bath & Body Works has a major tariff advantage. Here's what that means for shoppers [CNBC]

Bath & Body Works, Inc. (BBWI) 
Company Research Source: CNBC
The candle maker and personal care company has been incrementally shifting its production to the U.S. for more than a decade/ “Domestic exposure puts Bath & Body Works at a key advantage versus the competitors, because they won't have to pay import tariffs on the vast majority of their products, meaning they can keep prices where they are and not lose profitability,” said BofA Securities senior retail analyst Lorraine Hutchinson. Bath & Body Works' primary U.S. manufacturing facility, Beauty Park, is located in New Albany, Ohio, and opened in 2012. “It was a choice made to make sure that they could test, react and move to the consumer very, very quickly,” said BMO Capital Markets managing director Simeon Siegel. “If you can find exactly what the customer is buying, you can minimize the discounts needed. It just happens to be right now... the tariff conversation creates them as this surprise winner there as well.” Bath & Body Works says its foaming hand soap, for example, used Show less Read more
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