Designer Brands Inc. (DBI) Misses Q3 EPS by 9c, Cuts FY EPS Guidance
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Designer Brands Inc. Reports Third Quarter 2019 Financial Results
December 10, 2019 6:45 AM EST-- Third quarter Reported EPS of $0.60 per diluted share, including net charges of $0.07 per diluted share from adjusted items.
-- Third quarter Adjusted EPS of $0.67 per diluted share.
-- Comparable sales increased 0.3%, delivering a two-year comparable sales increase of 7.6%.
-- Repurchased 1.0 million shares in the third quarter of fiscal 2019 and 7.1 million shares year to date; returned $263.8 million to shareholders through share repurchases and dividends over the last 12 months.Â
-- Board of Directors declared quarterly dividend of $0.25 per share.
-- Updates outlook for fiscal 2019.
COLUMBUS, Ohio, Dec. 10, 2019 /PRNewswire/ -- Designer Brands... More
