Designer Brands Inc. (DBI) Misses Q3 EPS by 11c; cuts guidance

Designer Brands Inc. (NYSE: DBI) reported Q3 EPS of $0.27, $0.11 worse than the analyst estimate of $0.38. Revenue for the quarter came in at $777.2 million versus the consensus estimate of $825.59 million.

GUIDANCE:

Designer Brands Inc. sees FY2024 EPS of $0.10-$0.30, down from the prior $0.50-0.60. Sees FY sales in down low single digits, down from the prior guidance of flat to low-single digits.

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

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