DBI Stock Recent News
DBI LATEST HEADLINES
Designer Brands (DBI) came out with quarterly earnings of $0.21 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.48 per share a year ago.
Designer Brands (DBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
With the major equity indexes printing red ink on Tuesday, Designer Brands ( US:DBI ) — one of North America's largest designers, producers and retailers of footwear and accessories — popped conspicuously higher.
Designer Brands is being less promotional than its rivals. A focus on its owned brands is also bolstering the company's profit margins.
Designer Brands (DBI) delivered earnings and revenue surprises of 450% and 4.05%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
Shares of Designer Brands Inc. DBI, which is the parent of the DSW shoe store chain, dropped 4.2% toward a two-year low in premarket trading Thursday, after the footwear designer, producer and seller reported a surprise fiscal fourth-quarter profit, but revenue that fell well short of expectations. Net income for the quarter to Jan. 28 jumped to $45.1 million, or 66 cents a share, from $14.4 million, or 19 cents a share, in the year-ago period.
Designer Brands' (DBI) fourth-quarter fiscal 2022 results might show the impacts of a tough operating backdrop including inflationary pressures.
COLUMBUS, Ohio , March 2, 2023 /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 fourth quarter and full year 2022 earnings on March 16, 2023. Management will host a conference call to discuss the results at 8:30 am E.T.
Designer Brands weaker Q3 results have caused the shares to decline by more than 30%. The company has successfully transformed and strengthened itself during the pandemic years.
Designer Brands stock took a tumble after its Q3 2023 results missed expectations as sales were impacted by drop off in consumer traffic and demand for discretionary products. The stock has long-term upside potential through an in-house brand growth strategy improving profit margins, new acquisitions in popular athletic, and outdoor footwear brand categories.