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DBI — Designer Brands News Story

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Designer Brands Inc reports results for the quarter ended April 30 - Earnings Summary

Designer Brands Inc DBI.N reported a quarterly adjusted loss of 26 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 8 cents.  The mean expectation of three analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -20 cents to 4 cents per share.

Revenue fell 8% to $686.91 million from a year ago; analysts expected $732.81 million.

Designer Brands Inc's reported EPS for the quarter was a loss of 36 cents​.

The company reported a quarterly loss of $17.42 million.

Designer Brands Inc shares had risen by 2.2% this quarter and lost 30.1% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 150% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Designer Brands Inc is $4.25

This summary was machine generated from LSEG data June 10 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Apr. 30 2025-0.06-0.26Missed
Jan. 31 2025-0.49-0.44Beat
Oct. 31 20240.350.27Missed
Jul. 31 20240.530.29Missed

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