Designer Brands Inc Stock Price, News & Analysis

Designer Brands (NYSE:DBI) reported successful implementation of Sizeo's AI-powered inventory optimization software across its DSW Designer Shoe Warehouse stores in the U.S. The partnership, ongoing since 2022, focuses on enhancing retail planning and supply chain transformation.

The solution provides size profile analytics for smarter buying and allocation, along with smart store indexing for localized inventory decisions. The system integrates with existing planning, buying, and allocation workflows to ensure optimal size availability across store locations.

Designer Brands Inc. (NYSE: DBI) reported challenging Q1 2025 results with net sales declining 8.0% to $686.9M and comparable sales down 7.8%. The company posted a net loss of $17.4M ($0.36 per share) compared to a profit in Q1 2024. Gross margin contracted to 43.0% from 44.2%. Due to macroeconomic uncertainty, DBI withdrew its 2025 guidance but announced cost-saving initiatives targeting $20-30M in savings. The company maintained its dividend of $0.05 per share and ended Q1 with $46.0M in cash and $522.9M in debt. Store count decreased to 669 locations from 675 year-over-year, while inventory levels remained relatively stable at $623.6M.

Designer Brands Inc. (NYSE: DBI), a leading footwear and accessories company, has scheduled its first quarter 2025 earnings release for June 10, 2025. The company will host a conference call at 8:30 am E.T. to discuss the results. The call will be accessible via webcast and telephone, with replay options available until June 24, 2025.

Designer Brands operates through over 650 DSW Designer Shoe Warehouse, The Shoe Co., and Rubino stores in North America, powered by a billion-dollar digital commerce business. The company's portfolio includes notable brands such as Topo Athletic, Keds, Vince Camuto, and Jessica Simpson, among others. Through its corporate values, the company has contributed over eleven million pairs of shoes to Soles4Souls since 2018.

DSW Designer Shoe Warehouse (NYSE: DBI) has announced its largest North American retail partnership with Imbox Protection, introducing in-store shoe protection services across nearly 500 U.S. locations. The service, priced at $8.99, offers a 60-second water-based spray treatment that protects footwear from water, stains, dirt, mud, and fading for up to eight weeks.

The Imbox Protection system is UL-approved and AllergyCertified, featuring eco-conscious technology without harsh chemicals. The partnership enhances DSW's position as a comprehensive footwear destination, integrating seamlessly into the checkout process. The system has received recognition including the 2023 Consumer Electronics Show Innovation Award and the 2024 Red Dot Design Award for its innovative design.

Designer Brands Inc. (NYSE: DBI) reported its Q4 and fiscal year 2024 results, marking a return to positive comparable sales growth in Q4 for the first time in nine quarters. The company experienced a 5.4% decrease in Q4 net sales to $713.6 million, while achieving a slight 0.5% increase in comparable sales.

For the full year 2024, DBI saw a 2.1% decrease in net sales to $3.0 billion, with comparable sales declining 1.7%. The company reported a net loss of $10.5 million, or $0.20 per diluted share, though adjusted net income was $15.0 million ($0.27 EPS).

Notable financial metrics include: gross margin improvement to 39.6% in Q4, cash and equivalents of $44.8 million, and debt totaling $491.0 million. The company returned value to shareholders through share repurchases of 10.3 million shares at $68.6 million and maintained a quarterly dividend of $0.05 per share.

Designer Brands Inc. (NYSE: DBI), a leading footwear and accessories company, has scheduled its fourth quarter and full year 2024 earnings release for March 20, 2025. The company will host a conference call at 8:30 am ET to discuss the results.

DBI operates through multiple channels including over 650 DSW Designer Shoe Warehouse, The Shoe Co., and Rubino stores in North America, alongside a billion-dollar digital commerce business. The company's portfolio includes brands such as Topo Athletic, Keds, Vince Camuto, Kelly & Katie, Jessica Simpson, Lucky Brand, Mix No. 6, and Crown Vintage.

Designer Brands Inc. (NYSE: DBI) reported Q3 2024 financial results showing a 1.2% decrease in net sales to $777.2 million and a 3.1% decline in total comparable sales. Gross profit decreased to $247.4 million from $256.4 million, with gross margin dropping to 31.8% from 32.6%. The company reported net income of $13.0 million, or $0.24 EPS.

The quarter started strong with back-to-school season but faced challenges due to warm weather and macroeconomic pressures. While footwear sales excluding boots remained flat in the market, U.S. Retail segment sales excluding boots grew 8%. The company has significantly revised its 2024 guidance, now expecting net sales to decline in low single digits and adjusted diluted EPS between $0.10-$0.30, down from previous guidance of $0.50-$0.60.

Designer Brands Inc. (NYSE: DBI) has scheduled its third quarter 2024 earnings release for December 10, 2024. The company will host a conference call at 8:30 am ET to discuss the results. A press release with detailed results will be issued before the call. Investors can participate by dialing 888-317-6003 (US) or 412-317-6061 (international) with conference ID 0882763. The call will be webcast live and archived until December 17, 2024. DBI operates 675 DSW Designer Shoe Warehouse, The Shoe Co., and Rubino stores in North America, managing a portfolio of footwear brands including Crown Vintage, Hush Puppies, Jessica Simpson, and others.

Designer Brands Inc. (NYSE: DBI) reported its Q2 2024 financial results, showing a 2.6% decrease in net sales to $771.9 million and a 1.4% decrease in comparable sales. The company's gross profit decreased to $252.9 million from $273.4 million last year, with gross margin falling to 32.8% from 34.5%. Despite challenges in dress and seasonal categories, DBI saw 8% growth in athleisure sales, outpacing the market by over 4 percentage points. The company reported net income of $13.8 million and adjusted net income of $17.1 million. DBI updated its 2024 guidance, now expecting flat to low-single digit net sales growth and adjusted diluted EPS of $0.50 - $0.60.