Footwear and accessories discount retailer Designer Brands (NYSE:DBI) will be reporting results tomorrow morning. Here’s what to look for.

Designer Brands missed analysts’ revenue expectations by 3.1% last quarter, reporting revenues of $777.2 million, down 1.2% year on year. It was a softer quarter for the company, with full-year EPS guidance missing analysts’ expectations.

Is Designer Brands a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Designer Brands’s revenue to decline 4.6% year on year to $719.5 million, a deceleration from its flat revenue in the same quarter last year. Adjusted loss is expected to come in at -$0.49 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Designer Brands has missed Wall Street’s revenue estimates six times over the last two years.

Looking at Designer Brands’s peers in the apparel and footwear retail segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Foot Locker’s revenues decreased 5.7% year on year, missing analysts’ expectations by 3.2%, and Gap reported a revenue decline of 3.5%, topping estimates by 1.9%. Foot Locker traded up 2.6% following the results while Gap was also up 18.6%.

Read our full analysis of Foot Locker’s results here and Gap’s results here.

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.