Designer Brands Inc. (DBI) Tops Q4 EPS by 1c, Revenues Beat; No FY20 Guidance Dee to COVID-10 Outbreak
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Designer Brands Inc. Reports Fourth Quarter and Fiscal Year 2019 Financial Results
March 17, 2020 6:45 AM EDT- Net sales increased 11.2% to $3.5 billion, after excluding net sales of exited business from fiscal 2018.
- Comparable sales for the fiscal year increased 0.8%, delivering a two-year comparable sales increase of 6.9%.
- Full year Reported EPS of $1.27 per diluted share, including net charges of $0.26 per diluted share from adjusted items.
-Â Full year Adjusted EPS of $1.53 per diluted share.
- Repurchased 7.1 million shares in fiscal 2019; returned $214.2 million to shareholders through share repurchases and dividends over the last 12 months.
- Board of Directors declared quarterly dividend of $0.10 per share.
COLUMBUS, Ohio, March 17,... More
