Designer Brands Inc (NYSE:DBI) reported second-quarter adjusted earnings that topped analyst estimates and raised its full-year profit guidance, sending shares up 5.4%. The footwear and accessories retailer posted adjusted earnings per share of $0.34 for the quarter, beating the average analyst estimate of $0.26.
Raising full year guidance following strong operating performance and positive start to third quarter Generated double-digit Brand Portfolio sales growth Drove a meaningful improvement in profitability year-over-year Reduced total debt by $93.0 million compared to the second quarter last year COLUMBUS, Ohio, Sept. 10, 2026 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "we," "...
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed from under review with positive implications and upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a” (Excellent) from “a-” (Excellent) of the operating subsidiaries of The Fortegra Group, Inc. (Fortegra) (headquartered in Jacksonville, FL...
Designer Brands Inc (NYSE:DBI) shares tumbled more than 21% on Tuesday after the footwear retailer delivered a first-quarter earnings beat but kept its full-year outlook unchanged, a move investors interpreted as a warning of rougher conditions ahead. The company posted adjusted earnings per share of $0.07 for the quarter, topping expectations, even as revenue of $696.4 million came in slightly...
Strong momentum continued with first quarter net sales growth meeting and adjusted diluted earnings per share ("EPS") exceeding expectations Gross margin expansion of 240 basis points Anticipates full year 2026 EPS trending toward the high end of guidance range COLUMBUS, Ohio, June 9, 2026 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company," "we," "us," "our," and "Designer Brands")...
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