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Designer Brands Inc. Reports First Quarter 2024 Financial Results
Prnewswire· 2024-06-04 10:45
Consolidated gross profit margin rose 80 basis points over the same period last year, driven by the Brand Portfolio Segment Dividend On May 15, 2024, the Company's Board of Directors declared a quarterly cash dividend of $0.05 per share of Class A and Class B common shares. The dividend will be paid on June 18, 2024 to shareholders of record at the close of business on June 5, 2024. Store Openings and Closings During the first quarter of 2024, in the United States ("U.S.") we opened one store and in Canada ...
Designer Brands Inc. Solidifies Strong Leadership Team By Naming Sarah Crockett as Chief Marketing Officer of DSW Designer Shoe Warehouse
Prnewswire· 2024-06-03 20:30
COLUMBUS, Ohio, June 3, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers and retailers of footwear and accessories, announces a critical hire to support the company's transformational efforts to adapt and curate the best shoes for customers. Sarah Crockett has been named to the role of Chief Marketing Officer ("CMO") of DSW Designer Shoe Warehouse ("DSW") effective June 6, 2024. Sarah CrockettSarah Crockett As CMO of ...
Designer Brands Inc. Announces First Quarter 2024 Earnings Release Date
Prnewswire· 2024-05-21 10:45
COLUMBUS, Ohio, May 21, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI), one of the world's largest designers, producers and retailers of footwear and accessories, announced the Company will issue its first quarter 2024 earnings on June 4, 2024. Management will host a conference call to discuss the results at 8:30 am E.T. A press release detailing the Company's results will be issued prior to the call. Investors and analysts interested in participating in the call are invited to dial 888-317-6003, or ...
Designer Brands(DBI) - 2024 Q4 - Annual Report
2024-03-25 20:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended February 3, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-32545 DESIGNER BRANDS INC. (Exact name of registrant as specified in its charter) Ohio 31-0746639 (State or other jurisdiction of incorp ...
Why Fast-paced Mover Designer Brands (DBI) Is a Great Choice for Value Investors
Zacks Investment Research· 2024-03-22 13:51
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth po ...
Designer Brands sinks as guidance disappoints
Proactive Investors· 2024-03-21 15:29
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Designer Brands(DBI) - 2023 Q4 - Earnings Call Transcript
2024-03-21 14:46
Designer Brands Inc. (NYSE:DBI) Q4 2023 Earnings Conference Call March 21, 2024 8:00 AM ET Company Participants Dustin Hauenstein - SVP of Finance Doug Howe - CEO Jared Poff - CFO Conference Call Participants Mauricio Serna - UBS Dylan Carden - William Blair Dana Telsey - Telsey Group Operator Good morning everyone, and welcome to the Designer Brands, Inc. Fourth Quarter 2023 Earnings Call. [Operator Instructions] Please also note, today's event is being recorded. At this time, I'd like to turn the floor ov ...
Designer Brands(DBI) - 2024 Q4 - Annual Results
2024-03-21 12:01
Exhibit 99.1 Designer Brands Inc. Reports Fourth Quarter and Fiscal Year 2023 Financial Results Delivered full year 2023 EPS at the high end of guidance range Fourth quarter performance driven by sequential improvement in comparable sales Issues fiscal 2024 guidance reflecting expectations for return to growth COLUMBUS, Ohio, March 21, 2024 - Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of the world's largest designers, producers, and retailers of footwear and accessories, ann ...
Are Investors Undervaluing Designer Brands (DBI) Right Now?
Zacks Investment Research· 2024-03-18 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they beli ...
Designer Brands Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date
Prnewswire· 2024-03-07 11:45
COLUMBUS, Ohio, March 7, 2024 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI), one of the world's largest designers, producers and retailers of footwear and accessories, announced the Company will issue its fourth quarter and full year 2023 earnings on March 21, 2024. Management will host a conference call to discuss the results at 8:30 am E.T. A press release detailing the Company's results will be issued prior to the call. Investors and analysts interested in participating in the call are invited to dial ...