Why Designer Brands Stock Jumped Today [The Motley Fool]
Designer Brands Inc. Class A (DBI)
Last designer brands inc. class a earnings: 3/17 06:45 am
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Source: The Motley Fool
Jeremy Bowman (TMFHobo) Author Bio Fool since 0. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman What happened Shares of Designer Brands NYSE:DBI 00 Designer Brands closed the session with gains of .8%. So what What sent the market rallying today was Vice President Joe Biden's strong performance in the Super Tuesday Democratic electoral contests last night, which cooled off fears among some investors that Bernie Sanders would be the next president, and that Congress approved an $8 billion package to help fight the spread of the coronavirus. Like other retailers, Designer Brands is highly dependent on China for sourcing and manufacturing and says that a majority of its merchandise manufactured in China. There are signs that manufacturing in China is starting to pick up again as the number of people currently infected with the
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DBI
News
- Xiao-I Corporation Launches TOTD: The Revolutionary AI Fashion Assistant "Try on Today" [Yahoo! Finance]Yahoo! Finance
- Designer Brands (NYSE:DBI) Is Reinvesting At Lower Rates Of Return [Yahoo! Finance]Yahoo! Finance
- Shareholders in Designer Brands (NYSE:DBI) have lost 57%, as stock drops 12% this past week [Yahoo! Finance]Yahoo! Finance
- Designer Brands: Branding Efforts Hit By Promotional Environment [Seeking Alpha]Seeking Alpha
- AEO CEO Jay L. Schottenstein to Be Inducted Into World Retail Hall of Fame [Yahoo! Finance]Yahoo! Finance
DBI
Earnings
- 3/21/24 - Beat
DBI
Sec Filings
- 5/16/24 - Form 8-K
- 5/6/24 - Form 4
- 5/3/24 - Form ARS
- DBI's page on the SEC website