Designer Brands (DBI) Tops Q2 Earnings Estimates

Designer Brands (DBI) came out with quarterly earnings of $0.34 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +54.55%. A quarter ago, it was expected that this footwear and accessories retailer would post earnings of $0.01 per share when it actually produced a loss of $0.26, delivering a surprise of -2700%.Over the last fou ...