Luxury fashion conglomerate Tapestry (NYSE:TPR) will be reporting results tomorrow before market open. Here’s what to look for.

Tapestry beat analysts’ revenue expectations by 1.1% last quarter, reporting revenues of $1.59 billion, down 1.8% year on year. It was a slower quarter for the company, with a miss of analysts’ earnings estimates and full-year revenue guidance missing analysts’ expectations.

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

This quarter, analysts are expecting Tapestry’s revenue to decline 2.7% year on year to $1.47 billion, a deceleration from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.95 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Tapestry has missed Wall Street’s revenue estimates four times over the last two years.

Looking at Tapestry’s peers in the apparel, accessories and luxury goods segment, some have already reported their Q3 results, giving us a hint as to what we can expect. VF Corp’s revenues decreased 5.6% year on year, beating analysts’ expectations by 1.6%, and Kontoor Brands reported revenues up 2.4%, topping estimates by 1%. VF Corp traded up 27% following the results while Kontoor Brands was also up 6.7%.

Read our full analysis of VF Corp’s results here and Kontoor Brands’s results here.

There has been positive sentiment among investors in the apparel, accessories and luxury goods segment, with share prices up 3.3% on average over the last month. Tapestry is up 9.2% during the same time and is heading into earnings with an average analyst price target of $53 (compared to the current share price of $49.42).

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