DBI Stock Recent News

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 (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.

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.

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.

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.

Spanish designer brands conglomerate Puig is set to be the latest green-shoot in Europe's IPO market, as the Jean-Paul Gaultier and Paco Rabanne owner prepares to file for a float in Madrid. The finer financial details for the IPO, including the expected share price and the total amount being raised, has yet to be determined, though reports have suggested it will be in the billions.

Designer Brands (DBI) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

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.

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