shares of bath  body works inc bbwi fell more than 4 in the extended session wednesday after the specialty retailer reported firstquarter earnings above wall street expectations but lowered its guidance for the full year the company said it earned 155 million or 64 cents a share in the quarter compared with 277 million or 97 cents a share in the yearago period sales fell 1 to 145 billion the company said factset consensus called for earnings of 53 cents a share on sales of 144 billion with our vertically integrated and approximately 85 domestic supply chain we are taking advantage of the agility in our inventory decisionmaking to leverage early customer reads and chase our best performers in season interim chief executive sarah nash said in a statement bath  body works will continue to plan prudently this year and accelerate investments in the business to drive longterm growth nash said the company forecast secondquarter earnings from continuing operations to be between 60 cents a share and 65 cents a share compared to earnings of 77 cents a share in the prior year for fiscal 2022 bath  body works projected earnings from continuing operations between 380 a share and 415 a share compared with a previous guidance of between 430 a share and 470 a share that reflects the companys decision to accelerate investments in information technology and its customer loyalty program as well as projected increases in inflationary pressures the company said shares of bath  body works which became a standalone company in august ended the regular trading day down nearly 9