Key Takeaways Bath & Body Works exceeds quarterly estimates on positive growth in store traffic and its loyalty program.The retailer also raised its full-year guidance on optimism about the key holiday season ahead.

CEO Gina Boswell attributed the company's success to its "agile business model and predominantly U.S.-based supply chain."

Bath & Body Works on Monday raised its forecast for full-year adjusted profit and said it expects a smaller drop in annual sales, helped by steadfast demand for its personal care products and new offerings in its stores,