Designer Brands (NYSE:DBI) Q3 2026 Earnings Call December 09, 2025 08:30 AM ET Speaker1Okay. And welcome to the Designer Brands Inc. Third Quarter 2025 earnings conference call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on a touch-tone phone. To withdraw your question, plea ...

Designer Brands Inc. (NYSE:DBI) shares climbed Tuesday after the footwear retailer delivered stronger-than-expected quarterly profit.The company reported third-quarter adjusted earnings per share of 38 cents, beating the analyst consensus estimate of 18 cents.MetricsQuarterly 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%.Also Read: Stock Market Today: Dow, Nasdaq Futures Rise As Fed’s 2-Day Meet Begins Today—Ares Man ...

Core Insights - Genesco's significant reduction in profitability guidance led to a sharp decline in its stock price, falling nearly 31% in one day [1] Financial Performance - Genesco reported net sales of $616 million for the quarter, reflecting a 3% year-over-year increase, with comparable sales also rising by 3% [2] - Non-GAAP net income increased by 27% to $8.4 million, or $0.79 per share, although these figures fell short of analyst expectations [2][3] Analyst Expectations - Analysts had projected net sales of over $618 million and non-GAAP net income of $0.88 per share, indicating that Genesco did not meet market expectations [3] Future Guidance - The company adjusted its full-year 2026 sales growth expectation to 2%, down from a previous forecast of 3% to 4%, with comparable sales growth now expected at 3% instead of 5% [4] - Adjusted net income guidance was also lowered to $0.95 per share, significantly down from the prior range of $1.30 to $1.70 [5]

Genesco (NYSE:GCO) Q3 2026 Earnings Call December 04, 2025 08:30 AM ET Company ParticipantsMimi Vaughn - Board Chair, President and Chief Executive OfficerJason Ware - Vice President of Financial Planning and AnalysisSandra Harris - CFOConference Call ParticipantsJoseph Civello - Equity Research AnalystMantero Moreno-Cheek - Research AnalystMitch Kummetz - Senior AnalystOperatorGood day, everyone, and welcome to the Genesco Third Quarter Fiscal 2026 conference call. Just a reminder, today's call is being re ...

Genesco (NYSE:GCO) Q3 2026 Earnings Call December 04, 2025 08:30 AM ET Speaker0Good day, everyone, and welcome to the Genesco Third Quarter Fiscal 2026 conference call. Just a reminder, today's call is being recorded. I'll now turn the call over to Jason Ware, Vice President of FP&A and Investor Relations. Please go ahead, sir.Speaker1Good morning, everyone, and thank you for joining us to discuss our Third Quarter Fiscal 2026 results. Participants on the call expect to make forward-looking statements refle ...

Financial Performance - Q3 FY26 sales reached $616 million, a 3% increase compared to Q3 FY25[7] - E-commerce accounted for 23% of total retail sales in Q3 FY26[7] - The gross margin was 46.8%, a decrease of 100 basis points compared to Q3 FY25[7] - Selling, General & Administrative (SG&A) expenses were $276 million, representing 44.7% of sales, a leverage of 140 basis points versus Q3 FY25[7] - GAAP earnings per share (EPS) was $0.51, while non-GAAP EPS was $0.79[7] - GAAP operating income was $8.6 million, and non-GAAP operating income was $12.9 million[7] Segment Performance - Journeys Group experienced a comparable sales increase of 6%[7] - Stores saw a comparable sales increase of 5%[7] - E-commerce sales decreased by 3%[7] Strategic Initiatives and Outlook - The company is shifting its marketing strategy towards brand awareness, exemplified by Journeys' "Life on Loud" campaign, which surpassed 70 million social views[8] - The company is revising its FY26 outlook, lowering guidance for non-GAAP EPS to approximately $0.95 and total sales growth to approximately 2%[61] - Comparable sales are expected to grow by approximately 3%[61] - Capital expenditures are projected to be between $55 million and $65 million, with approximately 80% allocated to stores and 20% to other areas[61]

RENO, Nev., Dec. 02, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTC:GTLK)(“GTC” or "GlobalTech”), a U.S. based technology holding company specializing in artificial intelligence (AI), big data, and emerging technologies, today announced the entry into a definitive purchase agreement to acquire a 51% interest in 123 Investments Limited d/b/a Moda in Pelle (MIP), a premium footwear brand established in 1975, with a strong presence in the UK market. MIP has remained at the cutting edge of technology depl ...

 VANCOUVER, British Columbia, Canada – November 25, 2025 – TheNewswire - Grounded People Apparel Inc. (“Grounded” or the “Company”) (CSE: SHOE), (OTCQB: GPAIF), (Frankfurt: K1G, WKN: A3DVB1), announces that, following a comprehensive review of its current operations and market conditions, the Board has made the decision to terminate all retail operations and commence the liquidation of remaining inventory. Effective immediately, the Company will begin to unwind active retail activities related to its exist ...

Core Insights - Shoe Carnival, Inc. reported an EPS of $0.53, matching estimates, with revenue of approximately $297.2 million, slightly below expectations but surpassing consensus [2][6] - The company operates in the footwear and accessories market, utilizing strategic initiatives like the One Banner Strategy to maintain its market position [1] Financial Metrics - The Price-to-Earnings (P/E) ratio is approximately 7.89, indicating a relatively low valuation compared to earnings, suggesting potential value for investors [3][6] - The Price-to-Sales ratio is about 0.40, meaning investors are paying 40 cents for every dollar of sales, which is considered attractive [3] - The enterprise value to sales ratio is approximately 0.63, reflecting the market's valuation of the company's overall business operations [4] - The enterprise value to operating cash flow ratio is around 11.07, providing insight into the market's valuation of the company's cash flow generation capabilities [4] Financial Health - The debt-to-equity ratio is about 0.53, indicating a moderate level of debt relative to equity [5] - The current ratio is approximately 4.05, suggesting strong liquidity and the company's capability to cover short-term liabilities [5][6]

Core Viewpoint - Shoe Carnival, Inc. reported third-quarter sales of $297.155 million, surpassing expectations, while comparable store sales declined by 2.7% [1][3] Financial Performance - Gross profit increased to $111.8 million from $110.4 million year-over-year, with a gross profit margin climbing to 37.6%, an increase of 160 basis points [4][5] - The company reported adjusted earnings per share of 75 cents for the third quarter [5] - Cash, cash equivalents, and marketable securities totaled $107.7 million at the end of the quarter, an increase of 18.2% compared to the prior year [6] Strategic Initiatives - The One Banner Strategy is gaining traction, with Shoe Station achieving 5.3% net sales growth [1] - The company plans to transition to a single Shoe Station banner, expecting to unlock significant operational and financial gains by fiscal 2027, including $20 million in annual cost savings [8] - Management aims to reach 215 Shoe Station stores by Back-to-School 2026, with over 90% of locations expected to operate as Shoe Station by the end of fiscal 2028 [7][8] Market Positioning - Shoe Station's core customer has a median household income of $60,000-$100,000, showing a preference for premium products and elevated service [2] - The company is intentionally moving away from lower-income consumers, which has led to a 5.2% sales decline at Shoe Carnival [3][4] Future Outlook - The company raised its 2025 GAAP earnings outlook to a range of $1.80 to $2.10 per share, while reaffirming its full-year sales forecast of $1.12 billion to $1.15 billion [11] - Despite expected sales declines in early 2026 due to rebranding efforts, inventory reductions of up to $60 million should fund the conversion program [10]