Market Overview

Recap: Designer Brands Q2 Earnings

Share:

Shares of Designer Brands (NYSE:DBI) decreased 0.7% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 366.67% over the past year to ($1.28), which missed the estimate of ($0.85).

Revenue of $489,714,000 decreased by 43.07% year over year, which missed the estimate of $596,460,000.

Looking Ahead

Designer Brands hasn't issued any earnings guidance for the time being.

Designer Brands hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Sep 03, 2020

Time: 08:30 AM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1213/36616

Price Action

Company's 52-week high was at $19.08

Company's 52-week low was at $2.60

Price action over last quarter: Up 23.87%

Company Profile

Designer Brands Inc is a retailer engaged in branded footwear in the United States. It offers a wide selection of brand name and designer dress, casual, and athletic footwear for women and men. Group functions through U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment includes stores operated in the U.S. under the DSW Designer Shoe Warehouse banner and its related e-commerce site. The Canada Retail segment includes stores operated in Canada under The Shoe Company, Shoe Warehouse, DSW Designer Shoe Warehouse banners and related e-commerce sites. The Brand Portfolio segment is engaged in sale of wholesale products to retailers and sale of branded products on direct-to-consumer e-commerce sites and other activities.

 

Related Articles (DBI)

View Comments and Join the Discussion!

Posted-In: Earnings News