Good morning. Retailers face a high-stakes balancing act during the holiday shopping season in determining how much inventory to have on hand. Order too much and risk margin-crushing discounts to sell it. Order too little and lose out on sales.
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...
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