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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...
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 ...
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 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...
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...
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...
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
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...
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...
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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2024-07-10 18:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-05 08:00:12 ET Jay Sole from UBS issued a price target of $10.00 for DBI on 2024-06-05 06:28:00. The adjusted price target was set to $10.00. At the time of the announcement, DBI was trading at $8.8. The overall price target consensus is at $15.00 with high price...