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Bath & Body Works BATH & BODY WORKS REPORTS RECORD SECOND QUARTER 2021 EARNINGS RESULTS AND PROVIDES THIRD QUARTER GUIDANCE Columbus , ( Aug. 18 , 2021 ) - Bath & Body Works , Inc. ( formerly known as L Brands , Inc. ) ( NYSE : BBWI ) today reported second quarter earnings results . As a reminder , these second quarter results include both Bath & Body Works and Victoria's Secret . The company reported net sales of $ 3.318 billion for the second quarter ended July 31 , 2021 , compared to net sales of $ 2.319 billion for the second quarter ended Aug. 1 , 2020. Second quarter 2020 sales were negatively impacted by the closure of stores for approximately half the quarter due to the COVID - 19 pandemic . Sales for the second quarter of 2021 increased 14 percent compared to sales of $ 2.902 billion in 2019 . Bath & Body Works ' net sales were $ 1.704 billion for the second quarter ended July 31 , 2021 , compared to net sales of $ 1.253 billion for the second quarter ended Aug. 1 , 2020. Bath & Body Works sales for the second quarter of 2021 increased 54 percent compared to the same period of 2019 . Andrew Meslow , CEO of Bath & Body Works , stated , " Due to the tremendous focus and effort of the teams across our business , Bath & Body Works reported record second quarter results , with a net sales increase of 54 percent compared to the second quarter of 2019. Anchored by our leadership position spanning key product categories , combined with our continued strong performance across channels and our growing , loyal customer base , Bath & Body Works is well positioned to continue delivering growth and profitability . We are also pleased to have completed the separation from Victoria's Secret , which we announced on August 3 , 2021 , subsequent to the end of the second quarter . We wish the Victoria's Secret business and associates well as they embark on their journey as a public company . As we look to the remainder of the year , we will continue to focus on executing our long - term growth strategy as a standalone business and driving value for shareholders . " Victoria's Secret net sales were $ 1.614 billion for the second quarter ended July 31 , 2021 , compared to net sales of $ 1.066 billion for second quarter ended Aug. 1 , 2020. Victoria's Secret comparable sales for the second quarter of 2021 increased 5 percent compared to 2019 . Reported earnings per share for the second quarter ended July 31 , 2021 , were a record $ 1.34 compared to a loss per share of $ 0.18 for the quarter ended Aug. 1 , 2020. Second quarter operating income was $ 599.1 million compared to $ 44.0 million last year , and net income was $ 374.2 million compared to a net loss of $ 49.6 million last year . The second quarter 2020 reported results include net charges of $ 0.42 per share , as further described in the reconciliation of reported - to - adjusted results at the conclusion of this pre release . Excluding these special items , adjusted earnings per share for the second quarter ended Aug. 1 , 2020 were $ 0.25 , adjusted operating income was $ 205.7 million , and adjusted net income was $ 69.0 million . Third Quarter 2021 Outlook The company is forecasting third quarter earnings per share between $ 0.55 and $ 0.60 , which excludes one time costs related to the spin - off of Victoria's Secret , compared to adjusted earnings per share from continuing operations of $ 0.83 in 2020 and $ 0.20 in 2019 . Additional second quarter financial information , including management commentary , is currently available