Designer Brands (BDI) Soars 48.45% on Earnings Blowout

Core Insights - Designer Brands Inc. (NYSE:DBI) experienced a significant stock price increase of 48.45%, closing at $7.20, driven by positive investor sentiment following its third-quarter earnings report [1][3]. Financial Performance - The company reported a 40% increase in attributable net income, rising to $18.21 million from $13.01 million year-on-year, despite a 3.2% decline in net sales, which fell to $752.4 million from $777.19 million [2]. - The decline in net sales was attributed to lower retail sales in both the US and Canada, as well as decreased comparable store sales [3]. Future Outlook - For the full fiscal year of 2025, Designer Brands anticipates a net sales decrease of 3% to 5% and expects adjusted operating profit to be between $50 million and $55 million [4]. - Shareholders of Class A and B common shares as of December 5 will receive a cash dividend of $0.05 on December 19, 2025 [4].