Designer Brands Inc. Reports First Quarter 2024 Financial Results

Consolidated gross profit margin rose 80 basis points over the same period last year, driven by the Brand Portfolio Segment Dividend On May 15, 2024, the Company's Board of Directors declared a quarterly cash dividend of $0.05 per share of Class A and Class B common shares. The dividend will be paid on June 18, 2024 to shareholders of record at the close of business on June 5, 2024. Store Openings and Closings During the first quarter of 2024, in the United States ("U.S.") we opened one store and in Canada ...