Designer Brands Inc. (DBI) Tops Q3 EPS by 22c

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Go back to Designer Brands Inc. (DBI) Tops Q3 EPS by 22c

Designer Brands Inc. Reports Third Quarter 2020 Financial Results

December 9, 2020 6:45 AM EST

Net sales improved 33% on a sequential basis versus second quarter

Athletic comparable sales in the U.S. Retail segment were up 5% in third quarter, above the 4% increase in the second quarter, outpacing results for seasonal products

COLUMBUS, Ohio, Dec. 9, 2020 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company"), one of North America's largest designers, producers and retailers of footwear and accessories, announced financial results for the three months ended October 31, 2020, compared to the three months ended November 2, 2019.

Roger Rawlins, Chief Executive Officer, said, "Designer Brands delivered... More