BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (BBWI) regarding potential breaches of fiduciary duties by its directors and officers. The firm is reaching out to shareholders who purchased shares before June 4, 2024, to discuss their legal rights and options. Bernstein Liebhard LLP, known for recovering billions for clients, is inviting affected investors to contact them for more information.
A Bath & Body Works scent sold $1.5 billion over 20 years
Bath & Body Works (BBWI) is celebrating the 20th anniversary of its "Japanese Cherry Blossom" fragrance, which has generated over $1.5 billion in sales since its 2006 launch. To mark this milestone, the company is introducing a new complementary scent called "Forever Cherry Blossom" and re-releasing the original "Cherry Blossom" from the early 2000s as an online exclusive. All three fragrances are now available online and in stores.
Retirement Systems of Alabama Purchases 59,692 Shares of Bath & Body Works, Inc. $BBWI
Retirement Systems of Alabama increased its stake in Bath & Body Works (NYSE:BBWI) by 7.7%, purchasing an additional 59,692 shares to bring its total to 832,016 shares valued at $16.7 million. This move contributes to institutional investors now owning 95.14% of the company. Bath & Body Works recently reported strong Q4 earnings, beating estimates with $2.05 EPS and $2.72 billion in revenue, and announced a quarterly dividend of $0.20, offering a 4.3% yield.
Bath & Body Works, Inc. (BBWI): Deep Value Speciality Retailer
The article identifies Bath & Body Works (BBWI) as a deep value specialty retailer presenting an undervalued opportunity. Despite strong brand recognition, consistent profitability, and significant free cash flow, the company trades at a discount according to its IV/P of 1.30 and Acquirer's Multiple of 6.70. The analysis highlights its robust business model, high margins, and shareholder return focus, suggesting market concerns about consumer spending and leverage may be overshadowing its fundamental strengths.
BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (BBWI) concerning potential breaches of fiduciary duty by certain directors and officers. The firm is seeking to connect with shareholders who owned shares prior to June 4, 2024, to discuss their legal rights and options. This investigation is part of Bernstein Liebhard's work representing investors in class actions and other legal matters.
BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (NYSE: BBWI) concerning potential breaches of fiduciary duties by certain directors and officers. The firm is seeking to connect with shareholders who purchased BBWI shares prior to June 4, 2024, to discuss their legal rights and options. This comes as part of Bernstein Liebhard's focus on investor rights, having recovered over $3.5 billion for clients since 1993.
Bath & Body Works Stock Up 11% in One Day, Should You Buy The Stock?
This article features the headline "Bath & Body Works Stock Up 11% in One Day, Should You Buy The Stock?". The content provided does not include the actual article text to answer the question posed in the headline, only navigation and footer information related to the Trefis website. Therefore, no substantive information about Bath & Body Works stock performance or investment advice is available in this extract.
Bath & Body Works (NYSE:BBWI) Valuation In Focus After Vera Bradley Mother’s Day Collaboration Launch
Bath & Body Works (BBWI) has launched a limited-edition Mother’s Day collaboration with Vera Bradley, which has attracted investor attention. Despite a recent 1-day share price increase, the stock has seen a significant decline over the last year. Simply Wall St's analysis suggests BBWI is currently undervalued, with a narrative fair value of $64.56 compared to its trading price of $18.67, driven by potential lease renegotiations, new store formats, and productivity gains.
Bath & Body Works (BBWI) Soars 11% on Mother’s Day Partnership
Bath & Body Works (BBWI) saw its stock jump 11.13% after announcing a partnership with Vera Bradley for a limited edition Mother’s Day product range. This collaboration will introduce exclusive scents in perfume, body care, and home fragrance forms, along with home decor and accessories, rolling out to over 40 markets later this year. Despite this positive news, the company reported a net income drop of 18.67% to $649 million in the previous year, although net sales remained flat.
SG Americas Securities LLC Acquires 409,831 Shares of Bath & Body Works, Inc. $BBWI
SG Americas Securities LLC significantly increased its stake in Bath & Body Works, buying an additional 409,831 shares to bring their total holding to 466,338 shares, valued at $9.36 million. This comes as Bath & Body Works beat Q4 earnings and revenue estimates and provided positive Q1 and FY2026 guidance. The company offers a 4.8% dividend yield, and analysts currently have a consensus "Hold" rating with an average target price of $24.00.
Wedge Capital Management L L P NC Buys 71,349 Shares of Bath & Body Works, Inc. $BBWI
Wedge Capital Management L L P NC increased its stake in Bath & Body Works, Inc. by 49.9% in the fourth quarter, purchasing an additional 71,349 shares to own a total of 214,362 shares valued at $4.304 million. Bath & Body Works (NYSE:BBWI) recently reported an EPS beat of $2.05 against an expected $1.77 on $2.72 billion in revenue, although revenue was down 2.3% year-over-year. The company trades around $16.81, near its 12-month low, and has a consensus "Hold" rating from analysts with a target price of $24.00, while also offering a quarterly dividend of $0.20, representing a 4.8% yield.
Behavioral Patterns of BBWI and Institutional Flows
This article provides an AI-driven analysis of Bath & Body Works Inc. (NASDAQ: BBWI), highlighting weak sentiment across all time horizons and suggesting a short bias. It outlines three distinct trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—along with their respective entry, target, and stop-loss points. The analysis emphasizes a strong risk-reward setup, with an exceptional 74.4:1 ratio.
Telsey Advisory raises Bath & Body Works (BBWI) target to $25, maintains market perform rating
Telsey Advisory has increased its price target for Bath & Body Works (BBWI) to $25, up from the previous $22. Despite the raised target, the firm has chosen to maintain a Market Perform rating on the stock. This adjustment suggests a modest positive outlook on the company's valuation while not recommending a strong buy.
Vanguard disaggregates holdings; Bath & Body Works (BBWI) shows 0 shares
The Vanguard Group has amended its Schedule 13G filing for Bath & Body Works Inc. (BBWI), reporting beneficial ownership of 0 shares (0%). This change is due to an internal realignment at Vanguard, effective January 12, 2026, which will result in certain Vanguard subsidiaries reporting their holdings separately. The filing cites SEC Release No. 34-39538 as the basis for this disaggregated reporting.
BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (BBWI) regarding potential breaches of fiduciary duties by certain directors and officers. The firm is encouraging shareholders who owned stock prior to June 4, 2024, to contact them to discuss their legal rights and options. Bernstein Liebhard LLP specializes in investor rights and has recovered billions for clients since 1993.
BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (BBWI) regarding potential breaches of fiduciary duties by certain directors and officers. The firm is reaching out to shareholders who purchased shares before June 4, 2024, to discuss their legal rights and options. This investigation is part of the firm's work in recovering billions for investors since 1993.
Bath & Body Works Inc. (NYSE:BBWI) Offers a Quality Dividend with Strong Fundamentals
Bath & Body Works Inc. (NYSE:BBWI) is presented as a strong candidate for dividend-seeking investors due to its attractive yield, consistent dividend growth, and manageable payout ratio. The company exhibits robust profit generation and acceptable financial soundness, backed by a low Price-to-Earnings ratio. While recent growth has been modest, analysts predict a return to EPS growth, making BBWI a notable option for income-producing portfolios despite some short-term liquidity concerns.
BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (NYSE: BBWI) concerning whether certain directors and officers breached their fiduciary duties. The firm is reaching out to shareholders who owned shares prior to June 4, 2024, to discuss their legal rights and options. Bernstein Liebhard LLP specializes in investor rights and has recovered over $3.5 billion for its clients since 1993.
Bath & Body Works and Vera Bradley Debut a Peach-Perfect Collaboration for Mother’s Day
Bath & Body Works and Vera Bradley have launched a limited-edition Mother’s Day collaboration featuring body care, home fragrance, and accessories. The collection introduces a new exclusive fragrance, Peach Blossom & Nectar, alongside two other scents and unique Vera Bradley patterns. Bath & Body Works rewards members get early access on March 22, with the full collection launching in stores and online in the U.S. and Canada on March 23.
Peach-scented Mother's Day gifts from Bath & Body Works start at $1.95
Bath & Body Works (BBWI) and Vera Bradley have launched a limited-edition Mother’s Day collection featuring a new fragrance, Peach Blossom & Nectar. The collection, which also includes Pink Berry Burst and Blue Washed Sky, spans 22 forms from body care to home accessories, with prices ranging from $1.95 to $69.95. Rewards members get early access on March 22, 2026, followed by a full launch in the U.S. and Canada on March 23, 2026, and an international rollout to over 40 markets later inthe year.
BATH & BODY WORKS, INC. (BBWI) INVESTIGATION ALERT:
Bernstein Liebhard LLP has announced an investigation into Bath & Body Works, Inc. (BBWI) to determine if certain directors and officers breached their fiduciary duties. The firm is seeking to identify shareholders who purchased shares prior to June 4, 2024, to discuss their legal rights and options. Bernstein Liebhard LLP is a nationally recognized investor rights law firm known for recovering over $3.5 billion for clients since 1993.
Bath & Body Works and Vera Bradley Debut a Peach-Perfect Collaboration for Mother's Day
Bath & Body Works and Vera Bradley have teamed up for a limited-edition Mother's Day collection featuring a new "Peach Blossom & Nectar" fragrance. The collaboration includes body care, home fragrance, home decor, and accessories, with exclusive Vera Bradley patterns. Bath & Body Works rewards members get early access starting March 22, 2026, ahead of the full launch on March 23, 2026, in the U.S. and Canada.
916,443 Shares in Bath & Body Works, Inc. $BBWI Bought by Capital International Investors
Capital International Investors recently acquired 916,443 shares of Bath & Body Works, Inc. (BBWI), valued at approximately $23.6 million, giving them about 0.44% ownership. This comes amid increased institutional interest and a mixed financial outlook, with the company reporting strong quarterly earnings but facing multiple securities-fraud class action notices. BBWI also declared a quarterly dividend of $0.20, offering a 4.3% yield.
Bath & Body Works (BBWI) CFO gets 115,815-share RSU grant, 10,782 shares withheld for taxes
Bath & Body Works (BBWI) CFO Eva C. Boratto received a grant of 115,815 restricted stock units, which will vest over three years starting March 12, 2026. Simultaneously, 10,782 shares were withheld to cover tax obligations related to the vesting of these units. Following these transactions, Boratto directly owns 223,459 shares of common stock.
Bath & Body Works (BBWI) CEO granted 212,993 restricted stock units
Bath & Body Works (BBWI) CEO Daniel Heaf was granted 212,993 restricted stock units (RSUs) as part of his compensation, with a vesting schedule over three years. This equity award, at no purchase price, brings his direct holdings to 295,583 shares of common stock. The Form 4 filing details the transaction, clarifying it as a compensation award rather than an open-market purchase.
Bath & Body Works (NYSE: BBWI) grants 40,921 RSUs to top officer
Bath & Body Works' Chief Supply Chain Officer, Thomas E. Mazurek, received a grant of 40,921 restricted stock units (RSUs) on March 12, 2026. These RSUs vest over three years, with 30% on the first and second anniversaries and 40% on the third. Additionally, 6,327 shares were withheld on March 13, 2026, to cover tax obligations related to RSU vesting, not through an open-market sale, bringing his total direct holdings to 112,681.404 shares.
Alliancebernstein L.P. Acquires 123,648 Shares of Bath & Body Works, Inc. $BBWI
Alliancebernstein L.P. increased its holdings in Bath & Body Works, Inc. (NYSE:BBWI) by 2.2% during the third quarter, acquiring an additional 123,648 shares and bringing its total ownership to 5,861,444 shares valued at $150.99 million. Other institutional investors like JPMorgan Chase & Co. and Cooper Creek Partners Management LLC also significantly boosted their stakes. Analyst ratings on BBWI are predominantly "Hold," with a consensus price target of $24.00, and the company recently reported strong quarterly earnings of $2.05 EPS, beating estimates, and announced a $0.20 quarterly dividend.
Form 4 Bath & Body Works Inc. For: 16 March
This article announces the filing of a Form 4 for Bath & Body Works Inc. on March 16. It is a brief report from Investing.com, providing basic details about the regulatory filing. The article does not contain further information about the content of the Form 4.
CLASS ACTION DEADLINE TONIGHT MONDAY, MARCH 16: Faruqi & Faruqi, LLP Reminds Bath & Body Works Investors of the Securities Class Action Lawsuit Deadline on March 16, 2026
Faruqi & Faruqi, LLP is reminding investors of Bath & Body Works, Inc. (NYSE: BBWI) about the securities class action lawsuit deadline on March 16, 2026. The firm is investigating potential claims that the company and its executives violated federal securities laws by making false or misleading statements regarding its business strategy, which allegedly failed to grow the customer base and deliver touted sales growth. This announcement follows Bath & Body Works' disappointing Q3 2025 financial results and a significant drop in its stock price.
Why Bath & Body Works (BBWI) Is Down 9.8% After Cutting 2026 Outlook and Completing Buybacks
Bath & Body Works (BBWI) shares dropped 9.8% after the company cut its 2026 sales and earnings guidance. This follows a slip in Q4 2025 sales and net income, alongside the completion of a significant share buyback program. The company plans to scale back discounting and focus on product innovation to refresh the brand, with investors now watching if these strategies can stabilize performance.
BBWI Investors Have Opportunity to Lead Bath & Body Works, Inc. Securities Fraud Lawsuit with the Schall Law Firm
The Schall Law Firm is encouraging investors of Bath & Body Works, Inc. (BBWI) to join a class action lawsuit alleging securities fraud. The lawsuit claims the company made false and misleading statements regarding its strategy and financial performance between June 4, 2024, and November 19, 2025. Investors who suffered losses during this period are urged to contact the firm before March 16, 2026, to participate in the legal action.
Clifford Capital Partners LLC Purchases Shares of 380,437 Bath & Body Works, Inc. $BBWI
Clifford Capital Partners LLC has acquired 380,437 shares of Bath & Body Works, Inc. (NYSE:BBWI), a new position valued at approximately $9.8 million. This comes as Bath & Body Works exceeded quarterly earnings and revenue expectations, setting new FY2026 guidance and announcing a quarterly dividend. However, the company faces potential securities-fraud class action lawsuits, which could lead to significant legal costs.
Is It Time To Reassess Bath & Body Works (BBWI) After A 31.5% One-Year Share Price Decline
Bath & Body Works (BBWI) has seen its share price decline by 31.5% over the past year. Despite this, a Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 65.7%, with an estimated intrinsic value of $56.80 per share compared to its recent price of $19.50. The company also trades at a P/E ratio of 6.04x, well below both its industry average and a calculated "Fair Ratio," further indicating potential undervaluation.
Atlantic Investment Management Inc. Acquires New Holdings in Bath & Body Works, Inc. $BBWI
Atlantic Investment Management Inc. has acquired a new position of 150,000 shares in Bath & Body Works, Inc., valued at approximately $3.86 million, making it their 11th largest holding. This comes as Bath & Body Works exceeded quarterly earnings and revenue expectations, and declared a quarterly dividend. However, the company faces rising headline risk due to multiple law firms soliciting a securities-fraud class-action lawsuit against it.
Bath & Body Works (BBWI) Valuation Check As 2026 Guidance Signals Steeper Revenue And EPS Declines
Bath & Body Works (BBWI) faces investor scrutiny after its 2026 guidance indicated declining sales and earnings, leading to a significant share price drop. Despite the negative outlook, a narrative suggests the stock is undervalued with a fair value of $64.56 compared to its current $19.50, citing potential benefits from lease renegotiations, a successful loyalty program, and new product categories. However, risks like decreased mall traffic and consumer trend shifts could challenge this optimistic valuation.
BBWI Deadline: Rosen Law Firm Urges Bath & Body Works, Inc. (NYSE: BBWI) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
Rosen Law Firm is reminding investors of a class action lawsuit against Bath & Body Works, Inc. (NYSE: BBWI) for allegedly misleading investors between June 4, 2024, and November 19, 2025. The lawsuit claims the company's strategies failed to deliver growth and that positive statements were misleading. Stockholders with losses over $100K are urged to contact the firm by March 16, 2026, to potentially serve as lead plaintiff.
Deadline Alert: Bath & Body Works, Inc. (BBWI) Shareholders
Glancy Prongay Wolke & Rotter LLP reminds Bath & Body Works, Inc. (BBWI) shareholders of the March 16, 2026 deadline to file a lead plaintiff motion in a securities fraud class action lawsuit. The lawsuit alleges that Bath & Body Works made misleading statements regarding its business strategy, which led to significant stock price drops after disappointing financial results in August and November 2025. Investors who suffered losses during the period of June 4, 2024, to November 19, 2025, are urged to contact the firm.
Bath & Body Works Launches Rooted Collection, Featuring a Homemade Sourdough Candle
Bath & Body Works has launched its new "Rooted" spring collection, inspired by slow living, homesteading, and food-inspired daily rituals. The collection features unique fragrances like Homemade Sourdough, Morning Matcha, and Carrot Charm, along with garden-themed home décor. Candles and body care items debuted on March 13, 2026, with soaps and home décor following on March 23, just in time for Mother's Day.
Bath & Body Works (NYSE: BBWI) maps Consumer First growth strategy and key risks
Bath & Body Works (NYSE: BBWI) outlined its "Consumer First Formula" growth strategy in its latest 10-K filing, focusing on product innovation, brand marketing, marketplace expansion, and operational efficiency to attract new, younger consumers and drive sustainable growth. The company reported $7.291 billion in Net Sales for fiscal year 2025, a slight decrease of 0.2% from 2024, with operating income decreasing by 11% to $1.126 billion. BBWI also detailed key risks, including macroeconomic pressures, seasonal business fluctuations, challenges in executing its transformation, labor costs, supply chain concentration, international market volatility, and cybersecurity threats.
BBWI Deadline: BBWI Investors Have Opportunity to Lead Bath & Body Works, Inc. Securities Fraud Lawsuit
The Rosen Law Firm reminds investors who purchased Bath & Body Works (BBWI) securities between June 4, 2024, and November 19, 2025, of the March 16, 2026, lead plaintiff deadline for a securities fraud lawsuit. The lawsuit alleges that the company made materially false and misleading statements regarding its business strategy and financial prospects. Investors are encouraged to contact the law firm to join the class action.
Class Action Filed Against Bath & Body Works, Inc. (BBWI) - March 13, 2026 Deadline to Join - Contact Levi & Korsinsky
Levi & Korsinsky, LLP has filed a class action securities lawsuit against Bath & Body Works, Inc. (BBWI) on behalf of investors who suffered losses due to alleged securities fraud between June 4, 2024, and November 19, 2025. The lawsuit claims the company made false statements about its growth strategy and financial guidance. Investors have until March 13, 2026, to request to be appointed as lead plaintiff, with no out-of-pocket costs to participate.
Class Action Filed Against Bath & Body Works, Inc. (BBWI) - March 13, 2026 Deadline to Join - Contact The Gross Law Firm
The Gross Law Firm has filed a class action lawsuit against Bath & Body Works, Inc. (BBWI) on behalf of shareholders who purchased shares between June 4, 2024, and November 19, 2025. The lawsuit alleges that the company made materially false and misleading statements regarding its growth strategy and financial prospects. Shareholders are encouraged to contact The Gross Law Firm by the March 13, 2026 deadline to join the class action and seek lead plaintiff appointment.
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Bath & Body Works, Inc. of Class Action Lawsuit and Upcoming Deadlines - BBWI
Pomerantz LLP has filed a class action lawsuit against Bath & Body Works, Inc. (NYSE: BBWI) following significant declines in its stock price. The lawsuit alleges securities fraud and other unlawful business practices by the company's officers and directors. Investors who suffered losses after purchasing Bath & Body Works securities during the Class Period have until March 16, 2026, to request to be appointed as lead plaintiff.
BATH & BODY WORKS, INC. (NYSE: BBWI) SHAREHOLDER ALERT
Bernstein Liebhard LLP has issued a shareholder alert for Bath & Body Works, Inc. (NYSE: BBWI) investors regarding an upcoming deadline for a securities fraud class action lawsuit. Investors who purchased shares between June 4, 2024, and November 19, 2025, and suffered losses, are encouraged to contact the firm to discuss their legal options, with a lead plaintiff deadline of March 13, 2026. The lawsuit alleges that the company and its senior officers made misrepresentations about its financial guidance.
Telsey Advisory Raises Bath & Body Works (BBWI) Target to $25, Maintains Market Perform Rating
Telsey Advisory has increased its price target for Bath & Body Works (BBWI) to $25 from $23, while maintaining a Market Perform rating. Despite the company's better-than-expected Q4 performance, the firm anticipates ongoing pressure on topline growth and operating margins in 2026. The retailer faces challenges from higher living costs and a weaker labor market, which are impacting consumer spending on non-essential items, leading to a projected decline in annual sales.
Bath & Body Works, Inc. (BBWI) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Glancy Prongay Wolke & Rotter LLP has announced a securities fraud class action lawsuit against Bath & Body Works, Inc. (BBWI) on behalf of investors who incurred losses. The lawsuit alleges that the company's statements regarding its growth strategy and financial prospects were misleading between June 4, 2024, and November 19, 2025. Investors are encouraged to contact the firm before the lead plaintiff deadline of March 16, 2026.
BATH & BODY WORKS URGENT DEADLINE: Bragar Eagel & Squire, P.C. Urges Bath & Body Works, Inc. (NYSE:BBWI) Stockholders with Significant Losses to Contact the Firm
Bragar Eagel & Squire, P.C. has filed a class action lawsuit against Bath & Body Works, Inc. (NYSE:BBWI) on behalf of investors who purchased securities between June 4, 2024, and November 19, 2025. The lawsuit alleges that Bath & Body Works failed to disclose that its strategy was not achieving growth, relying on collaborations to cover weak results, and that it would likely miss financial guidance. Investors have until March 16, 2026, to apply to be a lead plaintiff.
Bronstein, Gewirtz & Grossman LLC Urges Bath & Body Works, Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Bronstein, Gewirtz & Grossman, LLC has filed a class action lawsuit against Bath & Body Works, Inc. (NYSE: BBWI) on behalf of investors who purchased securities between June 4, 2024, and November 19, 2025. The lawsuit alleges that Bath & Body Works made false and misleading statements regarding its business strategy and financial prospects, failing to disclose that its "adjacencies, collaborations and promotions" strategy was not growing its customer base or sales as touted. Investors who suffered losses are encouraged to join the case and may request to be appointed as lead plaintiff by March 13, 2026.
Class Action Filed Against Bath & Body Works, Inc. (BBWI) - March 13, 2026 Deadline to Join - Contact Levi & Korsinsky
Levi & Korsinsky, LLP has filed a class action securities lawsuit against Bath & Body Works, Inc. (BBWI), alleging securities fraud occurred between June 4, 2024, and November 19, 2025. Investors who suffered losses have until March 13, 2026, to request appointment as lead plaintiff. The lawsuit claims the company made false statements regarding its growth strategy, reliance on collaborations, and ability to meet financial guidance.
BATH & BODY WORKS, INC. (NYSE:BBWI) DEADLINE ALERT Bernstein Liebhard LLP Reminds Bath & Body Works, Inc. Investors of Upcoming Deadline
Bernstein Liebhard LLP is reminding investors of Bath & Body Works, Inc. (NYSE:BBWI) about an upcoming deadline for a securities fraud class action lawsuit. Investors who purchased BBWI shares between June 4, 2024, and November 19, 2025, and lost money are encouraged to contact the firm for more information regarding their legal rights and options. The lawsuit alleges that the company and its senior officers made misrepresentations concerning financial guidance.