THE WHAT? Bath & Body Works surpassed Wall Street forecasts in its Q4 fiscal 2023 earnings, reporting net sales of US$2.9 billion, a 0.8% increase year-over-year, and net income of US$579 million, up from US$428 million.
THE DETAILS Adjusted earnings per diluted share were US$2.06, exceeding the expected US$1.88. Despite this, the company anticipates a challenging fiscal year 2024, projecting net sales to range from a 3% decline to flat, and full-year earnings per diluted share between US$3 and US$3.35, down from US$3.84 in 2023.
THE WHY? The CEO cited weak demand for candles and macroeconomic pressures as factors, despite a strong holiday season and plans for new product launches in hair care, laundry, and men’s grooming, alongside a focus on expanding their lip product range.
Aesthetic supplies USA refers to products and equipment used in the field of aesthetic medicine and cosmetic treatments that are available for purchase in the United States. These supplies encompass a wide range of items necessary for various aesthetic procedures and treatments conducted by professionals such as dermatologists, plastic surgeons, aestheticians, and other qualified practitioners.
Examples of aesthetic supplies include:
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Dermal Fillers: Injectable substances used to restore volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
