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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bath & Body Works's retained earnings for the quarter that ended in Apr. 2026 was €-1,105 Mil.
Bath & Body Works's quarterly retained earnings
increased
from Oct. 2025 (€-1,507 Mil) to Jan. 2026 (€-1,221 Mil) and
increased
from Jan. 2026 (€-1,221 Mil) to Apr. 2026 (€-1,105 Mil).
Bath & Body Works's annual retained earnings
increased
from Jan. 2024 (€-1,687 Mil) to Jan. 2025 (€-1,524 Mil) and
increased
from Jan. 2025 (€-1,524 Mil) to Jan. 2026 (€-1,221 Mil).
Bath & Body Works (WBO:LBRA) Retained Earnings Explanation
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Bath & Body Works Retained Earnings Historical Data
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The historical data trend for Bath & Body Works's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of €-1,105 Mil mean?
Bath & Body Works (WBO:LBRA) has a Retained Earnings of €-1,105 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bath & Body Works and its competitors.
Is Bath & Body Works' Retained Earnings too high?
Bath & Body Works' current Retained Earnings is €-1,105 Mil. Overall, Bath & Body Works has a GF Score™ of 63/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bath & Body Works' Retained Earnings compare to MNSO and RH?
Bath & Body Works' Retained Earnings of €-1,105 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Retail - Cyclical company?
A good Retained Earnings depends on the Retail - Cyclical industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bath & Body Works and its competitors. Bath & Body Works's current Retained Earnings is €-1,105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bath & Body Works stock overvalued right now?
Based on GuruFocus' analysis, Bath & Body Works (WBO:LBRA) is currently considered Significantly Undervalued. The stock's GF Value™ is €29.18, compared to a current price of €17.71 — trading 39.3% below its estimated fair value. The current Retained Earnings is €-1,105 Mil. Bath & Body Works' overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Bath & Body Works (WBO:LBRA), the current Retained Earnings is €-1,105 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bath & Body Works (WBO:LBRA) Overvalued in 2026?
Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued.
The current stock price of €17.71 is trading 39.3% below its estimated GF Value™ of €29.18.
GuruFocus considers Bath & Body Works to be Significantly Undervalued.
Key valuation signals for WBO:LBRA:
Retained Earnings: €-1,105 Mil
GF Value™: €29.18 vs. price of €17.71 (39.3% below fair value)
No single metric tells the full story. See the WBO:LBRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 4% of sales from international markets in fiscal 2025. For fiscal 2025, 77% of sales stemmed from the brick-and-mortar network of more than 1,900 retail stores, similar to 2024 levels, as consumer shopping patterns remained normal. Future growth is expected from store upgrades, digital and international channels, as well as adjacent category expansions like men's and lip.
63GF Score
Get the complete analysis for WBO:LBRA
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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