Designer Brands Climbs Amid Strong Margins and 2026 Outlook
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Designer Brands Inc. (NYSE: DBI) shares rose after reporting fourth-quarter results that exceeded expectations, with an adjusted loss per share of 31 cents, better than the estimated 49 cents loss. Sales were flat at $713.6 million, below the projected $718.9 million, and comparable sales fell by 1.9%. The company merged its U.S. and Canada Retail segments into one, with no significant year-over-year change in the Retail segment, while the Brand Portfolio grew by 5.3%. Gross profit increased from $282.6 million to $302.7 million year over year.
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