Designer Brands

Designer Brands, Inc. engages in the design, production, and retail of footwear and accessory brands. It operates through the following segments: U.S. Retail, Canada Retail, Brand Portfolio, and Others. The U.S. Retail segment focuses on stores operated in the U.S. under the DSW Designer Shoe Warehouse banner and its related e-commerce site. The Canada Retail segment comprises stores operated in Canada under The Shoe Company, Shoe Warehouse, and DSW Designer Shoe Warehouse banners and related e-commerce sites. The Brand Portfolio segment includes sales from wholesale, First Cost, and direct-to-consumer e commerce sites. The Other segment refers to the ABG and Ebuys business. The company was founded on January 20, 1969 and is headquartered in Columbus, OH.

Earnings data Q1 2021

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Earnings data Q3 2024

Earnings data Q4 2024

Designer Brands Inc. (DBI) reports Q1 sales decline, lowers 2023 guidance

Designer Brands Inc. (DBI) faced a challenging quarter with declining sales and adjusted EPS slightly below expectations. The company is focused on integrating acquired brands and elevating its national brand portfolio through strategic partnerships. However, it is cautious about the macroeconomic environment and consumer spending, leading to a lowered guidance for 2023.

Designer Brands reports Q2 decline but sees growth opportunities

Designer Brands (DBI) reported a decline in net sales but highlighted strong wholesale net sales growth and a commitment to doubling sales of its own brands. The company reaffirmed its full year 2023 guidance, acknowledging macro pressures but also seeing opportunities in easier comps, Nike partnership, and new branding advertising.

DBI faces Q3 challenges but shows potential for growth

DBI faced challenges in Q3 due to macro headwinds and a sales shortfall, particularly in the fall season. However, the company's strategic decisions and strong liquidity position provide a foundation for improvement. With opportunities to capitalize on momentum and a revised full-year outlook, DBI has potential for growth.

Designer Brands excels in brand-building strategy amidst market challenges

Designer Brands delivered strong financial results, showcasing resilience and strategic growth initiatives amidst a challenging market environment.
The company's focus on expanding own brands, strategic acquisitions, and maintaining partnerships positions it well for future success and market expansion.
While facing challenges in total net sales decline, Designer Brands has opportunities to leverage acquisitions, expand globally, and drive innovation for sustained growth.

Designer Brands Inc. faces Q1 challenges, focuses on long-term growth

Designer Brands Inc. faced challenges in Q1 2024 but is strategically positioning for long-term growth through brand expansion and acquisitions.
The company is actively managing expenses and inventory while revising guidance due to consumer pressures and a promotional environment.
DBI's focus on building back inventory, expanding own brand sales, and strategic acquisitions presents growth opportunities amidst a challenging macroeconomic landscape.

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SID, DBI and NSIT have been added to the Zacks Rank #5 (Strong Sell) List on November 17, 2024.

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Designer Brands' 3Q24 results show topline challenges across all segments, with US retail down 2.8%, Canada down 4.6%, and owned brands down 7.5%. Despite cutting $20 million in SG&A, DBI's financial risk increased due to repurchasing shares with expensive debt, raising concerns about covering interest expenses by Q4. The company's equity remains highly risky; achieving a 3.2% operating margin requires a 10% sales increase, which seems unlikely in current conditions.

Designer Brands Is Buying Back Shares At The Expense Of Even More Leverage Risk

Designer Brands (NYSE:DBI ) Q3 2024 Earnings Conference Call December 10, 2024 8:30 AM ET Company Participants Dustin Hauenstein - Senior Vice President, Finance Doug Howe - Chief Executive Officer Jared Poff - Executive Vice President & Chief Financial Officer Conference Call Participants Dylan Carden - William Blair Mauricio Serna - UBS Operator Good morning and welcome to the Designer Brands Third Quarter 2024 Results Conference Call. All participants will be in a listen-only mode.

Designer Brands (DBI) Q3 2024 Earnings Call Transcript

Designer Brands (DBI) came out with quarterly earnings of $0.27 per share, missing the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.24 per share a year ago.

Designer Brands (DBI) Misses Q3 Earnings and Revenue Estimates

Designer Brands said its sales fell in the third quarter and cut its outlook for the year as unfavorable weather and economic uncertainty reduced consumer spending. Shares fell premarket.

Designer Brands Cuts 2024 Outlook

According to Circana, U.S. Retail segment footwear sales were inline with the market with key categories outpacing the market including performance, leisure footwear, and dress occasion footwear during the quarter, which helped to partially offset negative boot performance COLUMBUS, Ohio , Dec. 10, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "we," "us," "our," and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, today announced financial results for the third quarter ended November 2, 2024. Doug Howe, Chief Executive Officer stated, "The third quarter started strong, driven by back-to-school season and the success of our athletic and athleisure offerings, bolstering our confidence that we had reached a turning point in our business.

Designer Brands Inc. Reports Third Quarter 2024 Financial Results

Designer Brands Inc. DBI will release earnings for its third quarter, before the opening bell on Tuesday, Dec. 10.

How To Earn $500 A Month From Designer Brands Stock Ahead Of Q3 Earnings

COLUMBUS, Ohio , Nov. 20, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI), one of the world's largest designers, producers and retailers of footwear and accessories, announced the Company will issue its third quarter 2024 earnings on December 10, 2024. Management will host a conference call to discuss the results at 8:30 am E.T.

Designer Brands Inc. Announces Third Quarter 2024 Earnings Release Date

Designer Brands Inc. missed Q2 2024 earnings estimates, with EPS of $0.29 and revenue shortfall of $44.24 million, highlighting profitability and debt issues. Despite positive signs in athleisure and back-to-school sales, the company's high debt load and declining profitability make it a risky investment. DBI's valuation metrics, including a high EV/EBITDA ratio and significant debt, indicate financial instability, overshadowing potential recovery in athletic and casual segments.

Designer Brands: Stumbling On The Earnings Runway

DBI's Q2 results reflect lower turnover across the U.S. retail segment. It continues to focus on strategic investments and brand expansion to drive growth.

Designer Brands' Q2 Earnings Miss Estimates, Comps Decline Y/Y

The DSW parent missed estimates on the top and bottom lines. It also cut its guidance for the year.

Why Designer Brands Stock Was Diving Today

Designer Brands Inc. (NYSE:DBI ) Q2 2024 Earnings Conference Call September 11, 2024 8:30 AM ET Company Participants Doug Howe - Chief Executive Officer Jared Poff - Executive Vice President, Chief Financial Officer Dustin Hauenstein - Senior Vice President, Finance Conference Call Participants Alex Faske - William Blair Mauricio Serna - UBS Dana Telsey - Telsey Advisory Group Operator Good morning and welcome to the Designer Brands second quarter 2024 results conference call. All participants will be in listen-only mode.

Designer Brands (DBI) Q2 2024 Earnings Call Transcript

Second-quarter earnings for the parent of DSW and Keds missed estimates by a mile.

Designer Brands Stock Is Plunging. DSW Parent's Earnings Were That Bad.

Designer Brands (DBI) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.59 per share a year ago.

Designer Brands (DBI) Q2 Earnings and Revenues Miss Estimates

Reported third consecutive quarter of sequential comparable sales improvement Impressive performance in growing athleisure category, which outpaced the market by over 4 percentage points COLUMBUS, Ohio , Sept. 11, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "we," "us," "our," and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, today announced financial results for the second quarter ended August 3, 2024.

Designer Brands Inc. Reports Second Quarter 2024 Financial Results

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COLUMBUS, Ohio , Aug. 28, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI), one of the world's largest designers, producers and retailers of footwear and accessories, announced the Company will issue its second quarter 2024 earnings on September 11, 2024. Management will host a conference call to discuss the results at 8:30 am E.T.

Designer Brands Inc. Announces Second Quarter 2024 Earnings Release Date

COLUMBUS, Ohio, Aug. 7, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, announces the appointment of John W. Atkinson as a member of its Board of Directors, effective August 1, 2024.

Designer Brands Inc. Appoints John W. Atkinson to Board of Directors

COLUMBUS, Ohio, Aug. 6, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "DBI" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, is proud to announce the launch of the Designer Brands Foundation. This new foundation reinforces Designer Brands' and DSW Designer Shoe Warehouse's ("DSW") continued commitment to serving their communities.

Designer Brands Inc. Announces Launch of New Charitable Designer Brands Foundation

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Adjusted profits fell sharply in the quarter. The company maintained full-year guidance, calling for just slight top-line growth.

Why Designer Brands Stock Tumbled Today

Designer Brands Inc. (NYSE:DBI ) Q1 2024 Earnings Conference Call June 4, 2024 8:30 AM ET Company Participants Dustin Hauenstein - SVP of Finance Doug Howe - CEO Jared Poff - CFO Andrea O'Donnell - President Conference Call Participants Mauricio Serna - UBS Operator Good morning, and welcome to the Designer Brands First Quarter 2024 Results Conference Call. [Operator Instructions] Please note, this event is being recorded.

Designer Brands Inc. (DBI) Q1 2024 Earnings Call Transcript

Designer Brands (DBI) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.21 per share a year ago.

Designer Brands (DBI) Misses Q1 Earnings and Revenue Estimates

Consolidated gross profit margin rose 80 basis points over the same period last year, driven by the Brand Portfolio Segment Net sales growth in performance and leisure footwear in the U.S. Retail segment outpaced the balance of the footwear market Company reaffirms full year 2024 guidance COLUMBUS, Ohio , June 4, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "we," "us," "our," and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, today announced financial results for the three months ended May 4, 2024. "This quarter, we were pleased to deliver results in line with our expectations for this quarter, as we gain traction on our path to returning Designer Brands to growth," stated Doug Howe, Chief Executive Officer.

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