Designer Brands Inc reports results for the quarter ended January 31 - Earnings Summary
20/03/2025 13:32
Designer Brands Inc DBI.N reported a quarterly adjusted loss of 44 cents per share for the quarter ended January 31, identical to the same quarter last year. The mean expectation of three analysts for the quarter was for a loss of 49 cents per share. Wall Street expected results to range from -53 cents to -45 cents per share. Revenue fell 5.4% to $713.57 million from a year ago; analysts expected $719.32 million. Designer Brands Inc's reported EPS for the quarter was a loss of 80 cents. The company reported a quarterly loss of $38.17 million. Designer Brands Inc shares had fallen by 28.8% this quarter. FORECAST CHANGES The mean earnings estimate of analysts had fallen by about 4.3% in the last three months. In the last 30 days, one analyst negatively revised an earnings estimate 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 $5.00 This summary was machine generated from LSEG data March 20 at 01:31 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
| Jan. 31 2025 | -0.49 | -0.44 | Beat |
| Oct. 31 2024 | 0.35 | 0.27 | Missed |
| Jul. 31 2024 | 0.53 | 0.29 | Missed |
| Apr. 30 2024 | 0.12 | 0.08 | Missed |