Victory Capital Management Reduces Stake in Bath & Body Works

Victory Capital Management, Inc. has filed an amendment to its Schedule 13G, reporting a reduction in its stake in Bath & Body Works, Inc. As of September 30, 2025, Victory Capital Management owns 8,405,430 shares, representing 4.08% of the company's common stock. This marks a decrease of 4,630,839 shares, or 35.52%, from its previous holdings. The value of the shares held has also decreased by $184,801,692.60, or 47.32%. The filing indicates that the shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer. The amendment was signed by Sean Fox, Chief Compliance Officer, on October 31, 2025.