Designer Brands Stock Gains 49% After Posting Q3 Earnings Beat
Key Takeaways Designer Brands posted Q3 earnings above estimates while sales declined and missed expectations.Stronger traffic, better conversion and disciplined expense and inventory management drove gains.DSW repositioning and refreshed marketing gained traction with healthier assortments and in-stock levels.Designer Brands Inc. (DBI) released third-quarter fiscal 2025 results, wherein the top line lagged the Zacks Consensus Estimate and declined year over year. However, the bottom line surpassed estimate ...