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 Q4 2020

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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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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.

Designer Brands Inc. Reports First Quarter 2024 Financial Results

COLUMBUS, Ohio, June 3, 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 a critical hire to support the company's transformational efforts to adapt and curate the best shoes for customers. Sarah Crockett has been named to the role of Chief Marketing Officer ("CMO") of DSW Designer Shoe Warehouse ("DSW") effective June 6, 2024.

Designer Brands Inc. Solidifies Strong Leadership Team By Naming Sarah Crockett as Chief Marketing Officer of DSW Designer Shoe Warehouse

COLUMBUS, Ohio , May 21, 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 first quarter 2024 earnings on June 4, 2024. Management will host a conference call to discuss the results at 8:30 am E.T.

Designer Brands Inc. Announces First Quarter 2024 Earnings Release Date

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Why Fast-paced Mover Designer Brands (DBI) Is a Great Choice for Value Investors

Designer Brands Inc shares fell over 14% on Thursday after the fashion retailer laid out disappointing guidance for the year ahead. Updating on Thursday, Designer Brands said per-share earnings would likely come in between US$0.70 and US$0.80 for 2024, below analysts' expectations of US$0.81.

Designer Brands sinks as guidance disappoints

Designer Brands Inc. (DBI) Q4 2023 Earnings Call Transcript

Delivered full year 2023 EPS at the high end of guidance range Fourth quarter performance driven by sequential improvement in comparable sales Issues fiscal 2024 guidance reflecting expectations for return to growth COLUMBUS, Ohio, March 21, 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, announced financial results for the three months and year ended February 3, 2024. "We ended the year strong, with a solid finish to the fourth quarter above the top end of our revised EPS guidance range, led by strength in our brand portfolio segment as a result of acquiring Keds, Topo, and launching Le Tigre," stated Doug Howe, Chief Executive Officer.

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