Personal care and home fragrance retailer Bath & Body Works (NYSE: BBWI) will be reporting earnings this Thursday before market hours. Here’s what investors should know.

Bath and Body Works met analysts’ revenue expectations last quarter, reporting revenues of $1.42 billion, up 2.9% year on year. It was a slower quarter for the company, with EPS guidance for next quarter missing analysts’ expectations significantly and full-year EPS guidance missing analysts’ expectations.

Is Bath and Body Works a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Bath and Body Works’s revenue to grow 1.7% year on year to $1.55 billion, a reversal from the 2.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.38 per share.

Heading into earnings, analysts covering the company have mixed opinions about the business, with revenue estimates seeing 5 upward and 6 downward revisions over the last 30 days. Bath and Body Works has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Bath and Body Works’s peers in the specialty retail segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Sally Beauty posted flat year-on-year revenue, meeting analysts’ expectations, and Warby Parker reported revenues up 13.9%, topping estimates by 0.7%. Sally Beauty traded up 21.1% following the results while Warby Parker was down 3.9%.

Read our full analysis of Sally Beauty’s results here and Warby Parker’s results here.

There has been positive sentiment among investors in the specialty retail segment, with share prices up 2.4% on average over the last month. Bath and Body Works is up 1.2% during the same time and is heading into earnings with an average analyst price target of $40.93 (compared to the current share price of $31.37).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.

StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.