Bath & Body Works names Daniel Heaf CEO, replacing Gina Boswell; Q1 EPS $0.49
Bath & Body Works appointed Daniel Heaf, formerly a leader at Nike, as chief executive effective May 16, 2025, and Gina Boswell left the CEO role and the Board that day. The company also pre-announced preliminary first-quarter results, with net sales up 3% and earnings per diluted share above the prior year, and kept its full-year 2025 outlook unchanged.
- Daniel Heaf became CEO effective May 16, 2025, and will join the Board after the 2025 Annual Meeting of Shareholders; Gina Boswell stepped down as CEO and director the same day.
- Preliminary first-quarter net sales were $1,424 million, up 3% from the prior year, at the high end of guidance.
- Diluted EPS was $0.49, compared with $0.38 a year earlier, above the high end of guidance; results remain subject to closing procedures.
- Full-year 2025 guidance was maintained at net sales growth of 1% to 3% and EPS of $3.25 to $3.60, reflecting the initial 10% tariff on goods imported from China.