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In solid financial stead entering the pandemic, Designer Brands, Inc. was able to weather the storm with business levels now approaching those of fiscal 2019.
The company used the pandemic to broaden its footwear offerings into athletic and casual, further bolstered by a deal to be the exclusive distributor of Hush Puppies shoes starting in.
With restrictions on paying dividends and repurchasing stock in the process of lifting and insider buying, Designer Brands merited a deeper dive.
A full investment analysis follows in the paragraphs below.