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Bath & Body Works missed Wall Street estimates for second-quarter profit on Thursday, hurt by higher costs at a time when the retailer grapples with uncertain discretionary consumer spending.
Shares of the beauty and skincare retailer slumped 6% in premarket trading.
The company, which sells higher-priced offerings such as fragrances and scented candles, is facing pressure from customers cutting back on spending amid inflation and a fallout from the Trump administration’s trade policy.
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