DBI Stock Recent News

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.

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 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.

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

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.

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.

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.

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.

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