Designer Brands Inc. (DBI) Misses Q3 EPS by 9c, Cuts FY EPS Guidance

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Go back to Designer Brands Inc. (DBI) Misses Q3 EPS by 9c, Cuts FY EPS Guidance

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. 

-- 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