---
schema_version: "secwatch.filing_event.v1"
accession: "0001319947-22-000045"
form_type: "8-K"
ticker: "DBI"
cik: "0001319947"
company_name: "Designer Brands Inc."
filed_at: "2022-12-01T23:59:59+00:00"
generated_at: "2026-06-21T10:40:09.777030+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Designer Brands Q3 EPS $0.65, lowers FY2022 EPS guidance to $1.75-$1.80

## Summary
- Net sales $865.0M (+1.4% YoY); comparable sales up 3.0% on top of 40.8% last year.
- Gross margin fell to 33.0% from 36.7% YoY; reported EPS $0.65, adjusted EPS $0.67.
- FY2022 diluted EPS guidance cut from $2.05-$2.15 to $1.75-$1.80; comparable sales guidance reaffirmed mid-single digits.
- Received $120.3M income tax refund in Nov 2022; debt $415.5M vs $227.9M last year.
- Repurchased 1.3M shares for $19.1M in Q3; dividend of $0.05 payable Dec 28, 2022.

## SEC filing metadata
- accession: 0001319947-22-000045
- form_type: 8-K
- ticker: DBI
- cik: 0001319947
- company_name: Designer Brands Inc.
- filed_at: 2022-12-01T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319947/000131994722000045/0001319947-22-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319947/000131994722000045/dbi-20221201.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001319947-22-000045
- JSON: https://secwatch.observer/filing/0001319947-22-000045.json
- Plain text: https://secwatch.observer/filing/0001319947-22-000045.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.