Designer Brands Inc. (NYSE:DBI) Q3 2022 Earnings Conference Call December 1, 2022 8:30 AM ET Company Participants Roger Rawlins - Chief Executive Officer Jared Poff - Executive Vice President, Chief Financial Officer Doug Howe - President, DSW Jesse Miller - Investor Relations Conference Call Participants Jay Sole - UBS Gabby Carbone - Deutsche Bank Operator Good morning and welcome to the Designer Brands Incorporated third quarter 2022 earnings call. All participants will be in listen-only mode. Should you ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 29, 2022 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 o ...

Designer Brands Inc. (NYSE:DBI) Q2 2022 Earnings Conference Call August 31, 2022 8:30 AM ET Company Participants Jessica Miller - Investor Relations Roger Rawlins - Chief Executive Officer Doug Howe - President of DSW Jared Poff - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Marotta - CL King & Associates, Inc. Jay Sole - UBS Dana Telsey - Telsey Advisory Group LLC Operator Good morning, everyone, and welcome to the Designer Brands Incorporated 2Q 2022 Earnings Co ...

Financial Performance - Net sales for the three months ended July 30, 2022, were $859,319, an increase of 5.2% compared to $817,335 for the same period in 2021[11]. - Gross profit for the six months ended July 30, 2022, was $571,415, representing a 14.1% increase from $500,792 for the same period in 2021[11]. - Operating profit for the three months ended July 30, 2022, was $67,599, up 10.7% from $61,412 in the same period last year[11]. - Net income for the six months ended July 30, 2022, was $72,395, a 20.8% increase compared to $59,886 for the same period in 2021[13]. - Basic earnings per share for the three months ended July 30, 2022, were $0.66, compared to $0.59 for the same period in 2021, reflecting an increase of 11.9%[11]. - Total net sales for the six months ended July 30, 2022, were $1.689862 billion, compared to $1.520490 billion for the same period in 2021, indicating an increase of approximately 11.1%[47]. - Net income for the three months ended July 30, 2022, was $46.2 million, or $0.62 per diluted share, compared to $42.9 million, or $0.55 per diluted share, in the same period last year, reflecting a 7.8% increase in net income[87]. - Operating profit increased by 54.0% to $120,791 thousand, compared to $78,417 thousand in the previous year[96]. - Net income rose to $72,395 thousand, a 20.9% increase from $59,886 thousand in the same period last year[96]. Assets and Liabilities - Total current assets increased to $1,001,247 as of July 30, 2022, from $803,761 as of July 31, 2021, marking a growth of 24.5%[15]. - Total assets as of July 30, 2022, were $2,102,439, up from $1,946,049 as of July 31, 2021, indicating an increase of 8.0%[15]. - Total liabilities increased to $1,741,491 as of July 30, 2022, compared to $1,634,937 as of July 31, 2021, reflecting a rise of 6.5%[16]. - Shareholders' equity decreased to $360,948 as of July 30, 2022, from $311,112 as of July 31, 2021, representing an increase of 15.9%[16]. - Total debt as of July 30, 2022, was $387.4 million, an increase from $231.3 million on January 29, 2022[69]. Cash Flow and Investments - Cash flows from operating activities provided $10,864 thousand, a significant decrease of 88.7% from $96,229 thousand in the prior year[24]. - Net cash used in investing activities was $40,234 thousand, compared to $13,189 thousand in the prior year, indicating increased investment outflows[24]. - The company incurred severance costs of $1,000 thousand for the six months ended July 30, 2022, down from $2,600 thousand in the same period in 2021[34]. - The company reported impairment charges of $2,888 thousand, up from $1,174 thousand in the same period last year, reflecting a 146.5% increase[24]. - Net cash provided by financing activities was $7,398 million, significantly improved from $(94,955) million in the prior year, a change of $102,353 million[112]. Sales and Revenue Segments - Direct-to-consumer sales for the U.S. Retail segment were $147.877 million for the three months ended July 30, 2022, compared to $102.152 million in the same period of 2021, reflecting a growth of approximately 44.7%[45]. - The U.S. Retail segment's net sales for women's footwear were $475.079 million for the three months ended July 30, 2022, compared to $467.518 million in the same period of 2021[49]. - The Brand Portfolio segment generated total net sales of $878.698 million for the three months ended July 30, 2022, up from $831.207 million in the same period of 2021[49]. - Net sales from Owned Brands increased by 40.4% year-over-year, representing 22.7% of consolidated net sales compared to 17.0% in the same period last year[79]. - Canada Retail segment net sales increased by 37.1% to $134,599 thousand, representing 7.8% of total segment net sales[96]. Expenses and Costs - Operating expenses increased by $4.3 million year-over-year, but as a percentage of sales improved to 26.6% from 27.5%[92]. - Interest expense, net, decreased by $5.3 million compared to the same period last year due to the termination of a higher-interest Term Loan[93]. - The increase in consolidated gross profit was primarily driven by increased sales, despite higher freight costs impacting all segments[90]. - Gross profit as a percentage of net sales was 34.4%, slightly down from 34.8% in the previous year[87]. - Operating expenses increased by $26.9 million, but as a percentage of sales improved to 26.8% from 28.0% in the prior year[100]. Shareholder Actions - The company declared a quarterly cash dividend payment of $0.05 per share for both Class A and Class B common shares on August 25, 2022[64]. - The company repurchased 9.4 million Class A common shares at an aggregate cost of $128.5 million during the six months ended July 30, 2022[66]. - The company issued $15,569,000 in gift cards during the three months ended July 30, 2022, compared to $17,092,000 in the same period of the previous year[50]. Tax and Compliance - The effective tax rate for the six months ended July 30, 2022, was 29.2%, significantly higher than 3.6% for the same period in 2021[36]. - The effective tax rate for the three months ended July 30, 2022, was 28.8%, up from 19.3% in the same period last year[94]. - As of July 30, 2022, the company was in compliance with all financial covenants associated with the 2022 ABL Revolver[73]. - The company remains in compliance with all financial covenants as of July 30, 2022[114]. Market Conditions - The COVID-19 pandemic continues to create supply chain disruptions and inflationary pressures, impacting the company's operations[80].

Designer Brands Inc. (NYSE:DBI) Q1 2022 Earnings Conference Call June 2, 2022 8:30 AM ET Company Participants Jessica Miller - IR Roger Rawlins - CEO Jared Poff - CFO Conference Call Participants Gabriella Carbone - Deutsche Bank Jay Sole - UBS Dylan Carden - William Blair Operator Good day, and welcome to the Designer Brands Incorporated First Quarter 2022 Earnings Conference Call. [Operator Instructions] Please note, today's event is being recorded. I'd now like to turn the conference over to Jesse Miller ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 30, 2022 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 ...

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 January 29, 2022 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 ...

Designer Brands Inc. (NYSE:DBI) Q4 2021 Earnings Conference Call March 17, 2022 8:30 AM ET Company Participants Stacy Turnof - Investor Relations, Edelman Roger Rawlins - Chief Executive Officer, Designer Brands and Interim President, DSW Jared Poff - Executive Vice President and Chief Financial Officer Conference Call Participants Steven Marotta - C.L. King & Associates Gabriella Carbone - Deutsche Bank Dylan Carden - William Blair Jay Sole - UBS Operator Good morning, everyone, and welcome to the Designer ...

Designer Brands Inc. (NYSE:DBI) Q3 2021 Earnings Conference Call December 7, 2021 8:30 AM ET Company Participants Stacy Turnof - Investor Relations, Edelman Roger Rawlins - Chief Executive Officer Jared Poff - Chief Financial Officer Conference Call Participants Steve Marotta - C.L. King & Associates Gaby Carbone - Deutsche Bank Dana Telsey - Telsey Advisory Group Jay Sole - UBS Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 30, 2021 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 001-32545 DESIGNER BRANDS INC. (Exact name of registrant as specified in its charter) Ohio 31-0746639 (State or other jurisdiction ...