STOCK TITAN

Designer Brands Inc - DBI STOCK NEWS

Welcome to our dedicated news page for Designer Brands (Ticker: DBI), a resource for investors and traders seeking the latest updates and insights on Designer Brands.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Designer Brands's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Designer Brands's position in the market.

Rhea-AI Summary
Designer Brands Inc. (DBI) has appointed Andrea O'Donnell as the Brands President and Executive Vice President. O'Donnell will be responsible for the company's full suite of owned and licensed brands, including Keds, Vince Camuto, Topo Athletic, Hush Puppies, Le TIGRE, Lucky Brand, Jessica Simpson, Kelly & Katie, Crown Vintage, Mix No. 6, and others. She will report directly to the CEO, Doug Howe. O'Donnell brings extensive experience in merchandising, brand marketing, and commercial planning from her previous roles at Everlane, Ugg, Koolaburra, DFS Group, Lane Crawford, and other retail brands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
none
-
Rhea-AI Summary
Designer Brands Inc. (NYSE: DBI) reported a decrease in net sales by 9.1% to $786.3 million and a 9.3% decrease in total comparable sales for the third quarter ended October 28, 2023. The gross profit decreased to $256.4 million, and net income attributable to Designer Brands Inc. was $10.1 million, including net after-tax charges of $0.07 per diluted share. The company reaffirmed its financial outlook for the full year 2023, expecting a high-single digit decrease in net sales and diluted EPS of $0.40 - $0.70.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-33.33%
Tags
earnings
-
Rhea-AI Summary
Designer Brands Inc. (DBI) will release its third quarter 2023 earnings on December 5, 2023. The company, a global leader in footwear and accessories, will host a conference call at 8:30 am E.T. to discuss the results. Investors and analysts can participate in the call and access the live webcast. An archived version will be available until December 19, 2023, and a teleconference replay will also be accessible.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
earnings
Rhea-AI Summary
Designer Brands unveils FIRST JEM, the inaugural shoe from JEMS by PENSOLE brand, reinforcing commitment to representation of people of color in design and footwear industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.15%
Tags
none
-
Rhea-AI Summary
Designer Brands Inc. reports sequential improvement in sales and gross margin in Q2 2023, reaffirms 2023 guidance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
21.97%
Tags
earnings
-
Rhea-AI Summary
Designer Brands Inc. (NYSE: DBI) will release its second quarter 2023 earnings on September 7, 2023. The company is one of the world's largest designers, producers, and retailers of footwear and accessories. A conference call will be held at 8:30 am E.T. to discuss the results, and a press release will be issued prior to the call. The conference call will be broadcast live over the internet and can be accessed through a provided link. An archived version of the webcast will be available until September 21, 2023. A replay of the teleconference will also be available.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.13%
Tags
none
Rhea-AI Summary
Designer Brands Inc. is amending its modified 'Dutch auction' tender offer to purchase up to $100 million of its Class A common shares. The original offer price range was $7.00 to $8.00 per share, but it has now been increased to $8.75 to $10.00 per share. The offer is no longer subject to a financing contingency as the company has secured a $135 million term loan. Shareholders who have already tendered their shares at the original price range do not need to take any further action.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.6%
Tags
buyback
Designer Brands Inc

NYSE:DBI

DBI Rankings

DBI Stock Data

581.08M
40.36M
17.18%
105.66%
17.44%
Shoe Stores
Retail Trade
Link
US
Columbus

About DBI

designer brands is a leading footwear and accessories retailer that operates a portfolio of retail concepts with a shared goal of inspiring self-expression. our primary concept, designer shoe warehouse, offers brand name and designer dress, casual and athletic footwear and accessories. dsw operates more than 500 stores in 44 states, as well as nearly 290 leased departments for other retailers in the united states under the affiliated business group. we also operate an e-commerce site, http://www.dsw.com, and a mobile site, http://m.dsw.com.our canadian concept, town shoes limited, operates retail locations under several names: town shoes, the shoe company, shoe warehouse and dsw designer shoe warehouse. our affiliated business group operates leased departments for other retailers, such as stein mart, in the u.s. our international division includes several stores in the middle east with partners at apparel group. we strive to be the obvious first choice for shoes as we bring engaging ex