Along with the CEO change, Bath & Body Works announced preliminary Q1 earnings per share of $0.49 on net sales up 3% year-over-year to $1.42 billion. The "sales were at the high end of the guidance range, and earnings per share exceeded the high end of the guidance range," it said.

Daniel Heaf has been named CEO of the personal care and beauty retailer as its second chief in less than three years. He will begin work Monday as the personal care giant looks to broaden its customer base.