Designer Brands Analysts Boost Their Forecasts Following Strong Q3 Earnings

Designer Brands Inc (NYSE:DBI) announced better-than-expected third-quarter adjusted EPS results on Tuesday.The company reported third-quarter adjusted earnings per share of 38 cents, beating the analyst consensus estimate of 18 cents. Quarterly sales of $752.411 million (down 3.2% year over year) missed the Street view of $763.400 million. Total comparable sales decreased by 2.4%."Our third quarter performance represents another meaningful step forward in our transformation, as we demonstrated continued se ...