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Stock impact report

Designer Brands (NYSE:DBI) Beats Q4 Sales Targets But Stock Drops on Guide [Yahoo! Finance]

Designer Brands Inc. Class A (DBI) 
Last designer brands inc. class a earnings: 3/17 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
It made a GAAP loss of $0.52 per share, down from its profit of $0.66 per share in the same quarter last year. Is now the time to buy Designer Brands? Find out by accessing our full research report, it's free Designer Brands (DBI) Q4 CY2023 Highlights: Revenue: $754.3 million vs analyst estimates of $747.3 million (0.9% beat) EPS: -$0.52 vs analyst expectations of -$0.45 (16.4% miss) E PS guidance for the full year 2024 of $0.75 at the midpoint missed expectations of $0.87 Gross Margin (GAAP): 27.5%, down from 29.2% in the same quarter last year Same-Store Sales were down 7.3% year on year (miss) Store Locations: 642 at quarter end, increasing by 3 over the last 12 months Market Capitalization: $655 million "We ended the year strong, with a solid finish to the fourth quarter above the top end of our revised EPS guidance range, led by strength in our brand portfolio segment as a result of acquiring Keds, Topo, and launching Le Tigre," stated Doug Howe, Chief Executi Show less Read more
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