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Designer Brands Inc. - $DBI STOCK NEWS

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

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 Impact
Rhea-AI Sentiment
End-of-Day
4.13%
Tags
none
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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
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Rhea-AI Summary
Designer Brands Inc. has announced a modified 'Dutch Auction' tender offer to repurchase up to $100 million in value of its Class A common shares. The offer represents approximately 25% of the Company's outstanding shares. The tender offer will expire on July 7, 2023. Designer Brands intends to enter into a term loan agreement for $135 million to fund the tender offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.97%
Tags
buyback
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.97%
Tags
buyback
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
19.97%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.91%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.56%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.15%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.87%
Tags
none
Designer Brands Inc.

NYSE:DBI

DBI Rankings

DBI Stock Data

556.84M
40.47M
18.06%
104.53%
19.08%
Shoe Stores
Retail Trade
Link
United States of America
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