Analysts expect Bath & Body Works to report second-quarter revenue of $1.54 billion and earnings of $0.34 per share, with the stock currently trading at $34.12, significantly below the $47.80 average price target.

The primary focus for investors this quarter is comparable store sales, which are projected to decline by 1.8% as the retailer navigates a cautious consumer spending environment.

While BBWI has successfully expanded into the men’s grooming and hair care segments to diversify its revenue streams, persistent traffic declines in core candle categories remain a headwind.

Market participants will be closely monitoring management's updated full-year 2026 guidance and commentary on promotional intensity as the company prepares for the critical holiday shopping season.