Designer Brands Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $304.2M
- Price
- $5.95
- % Change (Daily % change from the live per-ticker quote feed.)
- +0.17%
- Volume
- 132.6K
About
Designer Brands Inc. (DBI), through its various subsidiaries, specializes in the creation, production, and sale of footwear and fashion accessories for women, men, and children, primarily serving the North American market. The company structures its operations into three main divisions: U.S. Retail, Canada Retail, and Brand Portfolio. Its extensive product selection includes formal, casual, and athletic footwear, as well as handbags. These items are offered under several proprietary and licensed brands, such as Vince Camuto, Louise et Cie, Jessica Simpson, Lucky, JLO Jenifer Lopez, among others. Beyond its physical retail footprint, which encompasses banners like DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse, DBI also manages a suite of e-commerce platforms, including vincecamuto.com, dsw.com, dsw.ca, and theshoecompany.ca. As of January 29, 2022, the company operated a network of 648 stores. Established in 1991, Designer Brands Inc. is headquartered in Columbus, Ohio.
Quick stats
Shares outstanding51.1M
Computed float25.7M
Float / shares50.2%
Key info
SectorConsumer Cyclical
IndustryApparel - Footwear & Accessories
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001319947
AI Summary
AI-generated1/17
majorbullishearnings
Designer Brands Inc. Reports Second Quarter of 2026 Financial Results
Designer Brands posted second quarter 2026 net sales of $730.6 million, down 1.2% year-over-year, with total comparable sales down 2.4%. Brand Portfolio segment sales grew 17.9% to $86.3 million, partially offsetting a 2.2% decline in the retail segment.
Profitability improved sharply: GAAP diluted EPS rose to $0.31 from $0.21 a year ago, adjusted diluted EPS came in at $0.34 versus $0.33, and consolidated operating profit more than doubled to $54.7 million. Reported gross margin expanded to 50.0% from 43.6%, though that includes $35.5 million of IEEPA tariff-cost recoveries.
Management raised full year 2026 guidance to adjusted diluted EPS of $0.47-$0.52 from $0.28-$0.38, with net sales now expected flat to up 1% instead of down 1% to up 1%, citing a positive start to the third quarter. Total debt was reduced by $93.0 million year-over-year to $423.1 million.
The board declared a $0.05 per share dividend for both Class A and Class B shares, payable October 7, 2026 to shareholders of record on September 24, 2026.
Red flags
- Top line declined 1.2% with comps -2.4%; the guidance raise is margin- and tariff-recovery-driven, not demand-driven
- Q2 GAAP gross profit includes $35.5 million of one-time IEEPA tariff recoveries, flattering the reported 50.0% gross margin
- Interest expense on the tariff sale financing transaction added $16.1 million of cost in the quarter
- Weighted average diluted share count rose ~12.5% YoY (55.97M vs 49.73M)
- Retail segment operating profit fell 9.7% YoY despite total operating profit doubling