Bath & Body Works Inc. (BBWI) experienced a significant pre-market surge of 5.88% on Wednesday. The movement occurred ahead of the market opening as investors anticipated the company's upcoming financial results.

The specialty retailer is scheduled to release its fourth-quarter earnings report before the opening bell. Analysts expect the company to report earnings of $1.77 per share, which would represent a decline from the $2.09 per share reported in the same period last year. Quarterly revenue is forecast at $2.61 billion, compared to $2.79 billion a year ago.

Market sentiment appears positive despite the expected year-over-year decline, possibly influenced by the company's recent strategic moves. Bath & Body Works announced its official launch in Amazon's U.S. stores in late February, which may be generating investor optimism about future growth channels and market expansion.