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DBI News and Press, Designer Brands Inc. Class A From 01/06/21

Stock Information

Company Name: Designer Brands Inc. Class A
Stock Symbol: DBI
Market: NYSE
Website: designerbrands.com

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DBI - Why Designer Brands Stock Jumped 11% Today

Shares of Designer Brands (NYSE: DBI) finished up 11% today as part of a broad wave of retail stocks that gained after Democrats reclaimed the Senate last night, winning two elections. After winning the House and the presidency in November, the victory last night means it will be mu...

DBI - Remember stimulus? Huge gains in retail sector after Georgia Senate election

A large swath of the retail sector is gaining after the Georgia Senate election tips the scale toward more stimulus from Congress.The broad-based rally covers everything from mall stocks to restaurant chains. Digging in a bit, KeyBanc thinks Foot Locker ([[FL]] +8.7%) is a key beneficiary of ...

DBI - Why Designer Brands Stock Jumped 10% Today

Shares of Designer Brands (NYSE: DBI) sprinted 10.2% higher Monday on no company-specific news, though the Dow Jones Industrial Average was up over 200 points after President Trump signed the new stimulus bill. Extra money in consumers' pockets could point to a new round of spen...

DBI - Designer Brands Is Still Too Cheap After Q3 Results

DBI reported terrible earnings in early December. However, the adjusted loss was quite small, which I think indicates the worst is behind it. With low expectations and a bargain basement valuation, DBI is a speculative buy. For further details see: Designer Brands Is Sti...

DBI - Designer Brands: No Pain, No Gain

Amidst the coronavirus pandemic Designer Brands has fallen to new lows, shedding 46% of its stock price. Despite temporary stock price difficulties, the company is significantly undervalued and offers investors strong upside potential. This article will substantiate the bullish in...

DBI - Why Designer Brands Stock Plunged Today

Shares of Designer Brands (NYSE: DBI) plunged as much as 10% today after the company reported third-quarter earnings. Revenue declined but narrowly beat expectations, and the shoe specialist warned of continued uncertainty ahead. As of 12:45 p.m. EST, the stock was down 7%. Reve...

DBI - DESIGNER BRANDS INC (DBI) Q3 2020 Earnings Call Transcript

Image source: The Motley Fool. DESIGNER BRANDS INC (NYSE: DBI) Q3 2020 Earnings Call Dec 9, 2020 , 8:30 a.m. ET Operator Continue reading For further details see: DESIGNER BRANDS INC (DBI) Q3 2020 Earnings Call Transcript

DBI - Designer Brands Leans Into Athletic Footwear to Make Gains

Designer Brands (NYSE: DBI) is mostly a casual and dress shoe retailer, but it read the pandemic-led trend toward in-home fitness and leaned into it in the third quarter by adding more athletic shoe styles to its stores. Although its third-quarter earnings report was still u...

DBI - Designer Brands Inc. (DBI) CEO Roger Rawlins on Q3 2020 Results - Earnings Call Transcript

Designer Brands Inc. (DBI) Q3 2020 Earnings Conference Call December 09, 2020 08:30 AM ET Company Participants Stacy Turnof - Investor Relations, Edelman Roger Rawlins - Chief Executive Officer Jared Poff - Chief Financial Officer Conference Call Participants Sam Poser - Susquehanna Steve Mar...

DBI - Designer Brands jumps 15% after topping beaten-down expectations

Designer Brands (DBI) reports total sales fell 30.1% in Q3 and comparable sales were off 30.4% vs. -25.4% consensus. Gross profit as a percentage of sales plunged to 25.4% from 29.3% a year ago to top the consensus mark of 22.2%. The decrease in gross profit was primarily driven by the signif...

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