Designer Brands Inc. Class A Stock News

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 ...

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...

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 "Des...

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. 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 f...

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

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 mor...

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