earnings
confidence high
sentiment positive
materiality 0.75
Designer Brands Q2 net sales up 5.1% to $859.3M; raises FY2022 EPS guidance to $2.05-$2.15
Designer Brands Inc.
2022-Q2 EPS reported
$0.96
revenue$1,689,862,000
- Net sales $859.3M, +5.1% YoY; comparable sales +6.2% on top of +84.9% last year.
- Reported diluted EPS $0.62; adjusted diluted EPS also $0.62.
- FY2022 diluted EPS guidance raised to $2.05-$2.15 from $1.90-$2.00.
- Repurchased 7.8M shares in Q2 for $105.8M; $206.4M remaining authorized.
- Dividend of $0.05/share payable Oct 6, 2022 to holders of record Sep 22, 2022.