Designer Brands (DBI) Q2 Earnings and Revenues Miss Estimates

Designer Brands (DBI) came out with quarterly earnings of $0.29 per share, missing the Zacks Consensus Estimate of$ 0.56 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -48.21%. A quarter ago, it was expected that this footwear and accessories retailer would post earnings of$ 0.15 per share when it actually produced earnings of $0.08, delivering a surprise of -46.67%. Over the las ...