Designer Brands, formerly known as DSW Inc. (DSW), just released its fourth-quarter earnings. The company reported solid sales, but slower margins did cause major disappointment among investors. The result is another stock market drop of more than 25% over the past few days. DSW also released a new strategy which might support the company in the long run. However, I highly doubt that we are in for a quick stock rebound with additional pressure from peaking consumer sentiment.
Source: DSW
Margins Matter
Let's start by saying that EPS had its first decline