Bath And Body Works Could See Rise In Hand Sanitizer Sales With Coronavirus


US-ECONOMY-RETAIL

US-ECONOMY-RETAIL

phtoto via getty.

Bath and Body Works could have more business coming to them because of coronavirus.

Analysts think fears over the deadly virus might cause a spike in hand sanitizer and anti-bacterial soap sales. 

Soaps and sanitizers already account for 20 percent of the store's sales. More demands could cause a 2 to 4 percent rise.

The analysis said the parent company of Bath and Body Works, L Brands, saw an increase in anti-bacterial sales when the H1N1 virus hit the U.S. in 2009.

Meanwhile, other consumer stocks are getting hammered due to their exposure to China's consumer market as people fall ill to the coronavirus and are restricted from traveling.