Designer Brands Inc. (DBI) Tops Q1 EPS by 30c, Revenues Beat

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Designer Brands Inc. Reports First Quarter 2021 Financial Results

May 26, 2021 4:15 PM EDT

Returned to profitability for the first time since the onset of COVID-19

Total gross margin rate improved over the rate from the first quarter of fiscal 2019

Athleisure comparable sales in the U.S. Retail segment were up 92% in the first quarter of fiscal 2021

COLUMBUS, Ohio, May 26, 2021 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company" and "Designer Brands"), one of North America's largest designers, producers and retailers of footwear and accessories, announced financial results for the three months ended May 1, 2021, compared to the three months... More