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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Designer Brands Inc. - DBI
Designer BrandsDesigner Brands(US:DBI) Prnewswireยท2025-06-17 22:53

Core Viewpoint - Designer Brands Inc. is under investigation for potential securities fraud and unlawful business practices following a significant drop in stock price after the withdrawal of its 2025 guidance due to a challenging macro environment and consumer sentiment [1][2]. Financial Performance - On June 10, 2025, Designer Brands reported a soft start to 2025 and announced the withdrawal of its 2025 guidance, attributing this decision to an unpredictable macro environment and deteriorating consumer sentiment [2]. - The company's stock price fell by $0.68 per share, or 18.23%, closing at $3.05 per share on the same day [2]. Legal Investigation - Pomerantz LLP is investigating claims on behalf of investors of Designer Brands regarding possible securities fraud or other unlawful business practices by the company and its officers and/or directors [1].