Designer Brands Inc. (DBI) Tops Q3 EPS by 31c, Offers Guidance

Designer Brands Inc. (NYSE: DBI) reported Q3 EPS of $0.86, $0.31 better than the analyst estimate of $0.55. Revenue for the quarter came in at $853.5 million versus the consensus estimate of $889.15 million.

GUIDANCE:

Designer Brands Inc. sees Q4 2021 EPS of $0.10-$0.15, versus the consensus of $0.02.

• The Company has announced new guidance for the fourth quarter of fiscal 2021. Consolidated net sales are expected to be flat to up low-single digits compared to the fourth quarter of fiscal 2019. The Company expects this to result in a diluted EPS in the range of $0.10 to $0.15 for the fourth quarter of fiscal 2021

For earnings history and earnings-related data on Designer Brands Inc. (DBI) click here.

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