DBI News and Press, Designer Brands Inc. Class A From 12/07/21

Designer Brands Inc. (DBI +17.6%) shares surge after the company reported FQ3 earnings that were 53% higher than what analysts expected. Comparable sales grew 40.8% Y/Y, driven by growth in the athletic and athleisure, kid's, and men's sections. Gross margin expanded to 36.7% from 2...

Designer Brands (NYSE:DBI): Q3 Non-GAAP EPS of $0.86 beats by $0.30; GAAP EPS of $1.04 beats by $0.37. Revenue of $853.46M (+30.7% Y/Y) misses by $44.04M. Press Release Outlook for the Fourth Quarter of Fiscal 2021 The Company has announced new guidance for the fourth quarter of fiscal 2021. ...

Designer Brands Inc. Reports Third Quarter 2021 Financial Results Record setting third quarter gross profit, operating income and EPS Comparable sales were up 40.8% in the third quarter of fiscal 2021 Inventory for the retail segments significantly improved to end the th...

Designer Brands (NYSE:DBI) is scheduled to announce Q3 earnings results on Tuesday, December 7th, before market open. The consensus EPS Estimate is $0.56 (+315.4% Y/Y) and the consensus Revenue Estimate is $897.5M (+37.5% Y/Y). Over the last 2 years, DBI has beaten EPS estimates 63% of the ti...

The company flexed mix towards athleisure wear, now accounting for ~50% of products as opposed to ~35% in 2019 in a bet on continued "casualization". I believe this has immensely paid off in the past quarter. Expectations into the print may be pessimistic owing to a number of rece...

Wall Street's volatile week continued on Thursday, with stocks bouncing back after their recent losses. The rebound included a strong performance from a collection of retail names, as investors found hope in a handful of earnings reports that higher costs wouldn't necessarily obliterate margi...

A wave of solid earnings reports from Duluth Holdings (DLTH +17.7%), Five Below (FIVE +4.4%) and Express (EXPR +14.2%) is giving a lift to select apparel retail, specialty retail and discounter stock. The general vibe is that margin rates are holding up a little bit than anticipated due to le...

Designer Brands Inc. Announces Third Quarter 2021 Earnings Release Date PR Newswire COLUMBUS, Ohio , Nov. 23, 2021 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI), one of North America's largest designers, producers and retailers of footwear and a...

Designer Brands (DBI) has been underperforming the overall market for a long time. External challenges and internal transformations have affected short-term profitability. The assortment has pivoted to what the market demands. Their membership program and omnichannel strength should o...

A positive earnings surprise is not an indication that a company is doing a good job in reducing their CO2 emissions. Companies are increasingly taking actionable steps in tracking and reporting ESG standards to achieve long-term success. The long-term, broader goal is to help kee...