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Shares in Designer Brands (DBI) have been obliterated since the second half of 2018. Shares have gone from $35 to a recent $5.77, losing almost 85% since. Valuations are on also the floor as we could imagine. DBI is selling for half of its book value and 0.5x EV/Sales. The average valuation from their peer group is 1.3x and 0.8x respectively.
Investors looking for yield might consider DBI only if they are comfortable holding a highly volatile stock. Management slashed their dividend to $0.10 per quarter to conserve cash and as a response