Profile
Sector:
Consumer CyclicalIndustry:
Footwear & AccessoriesCountry:
United StatesIPO:
29 June 2005Website:
http://www.designerbrands.comNext earnings report:
05 December 2024Last dividends:
04 October 2024Next dividends:
N/APrice
after hours | Fri, 22 Nov 2024 23:56:29 GMTAnalysts recommendations
Institutional Ownership
DBI Latest 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.
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 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.
Designer Brands (DBI) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.59 per share a year ago.
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.
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What type of business is Designer Brands?
Designer Brands Inc., together with its subsidiaries, engages in the design, production, and retailing of footwear and accessories for women, men, and kids primarily in the United States and Canada. The company operates through three segments: U.S. Retail, Canada Retail, and Brand Portfolio. It provides dress, casual, and athletic footwear and accessories, as well as handbags. The company offers its products under the Vince Camuto, Keds, Hush Puppies, Topo, Lucky Brand, Jessica Simpson, Le Tigre, and other brands. It offers its products through its direct-to-consumer stores; DSW mobile app; e-commerce sites, such as vincecamuto.com and topoathletic.com, as well as dsw.com, dsw.ca, and theshoecompany.ca websites; and a portfolio of banners, including DSW Designer Shoe Warehouse and The Shoe Company. The company was founded in 1991 and is based in Columbus, Ohio.
What sector is Designer Brands in?
Designer Brands is in the Consumer Cyclical sector
What industry is Designer Brands in?
Designer Brands is in the Footwear & Accessories industry
What country is Designer Brands from?
Designer Brands is headquartered in United States
When did Designer Brands go public?
Designer Brands initial public offering (IPO) was on 29 June 2005
What is Designer Brands website?
https://www.designerbrands.com
Is Designer Brands in the S&P 500?
No, Designer Brands is not included in the S&P 500 index
Is Designer Brands in the NASDAQ 100?
No, Designer Brands is not included in the NASDAQ 100 index
Is Designer Brands in the Dow Jones?
No, Designer Brands is not included in the Dow Jones index
When was Designer Brands the previous earnings report?
No data
When does Designer Brands earnings report?
The next expected earnings date for Designer Brands is 05 December 2024