Designer Brands Q4 net loss $0.52/share; FY2024 EPS guidance $0.70-$0.80

Designer Brands Inc.

2023-FY EPS reported $0.46 revenue$3,074,976,000

Q4 net sales $754.3M (-0.8% YoY); total comparable sales -7.3%.
Q4 reported net loss $29.7M ($0.52 diluted loss); adjusted net loss $25.3M ($0.44 loss).
FY2023 net sales $3.1B (-7.3% YoY); reported net income $29.1M ($0.46 diluted EPS); adjusted EPS $0.68.
FY2024 guidance: low-single-digit net sales growth, diluted EPS $0.70-$0.80.
Quarterly dividend $0.05/share payable Apr 12, 2024 to holders of record Mar 29, 2024.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Designer Brands Inc. updated its the three months and year ended February 3, 2024 guidance (reaffirmed).

Period: the three months and year ended February 3, 2024
Guidance: reaffirmed
Result: reported results

Exact text from the filing

On March 21, 2024 , Designer Brands Inc. (the "Company") issued a press release announcing its consolidated financial results for the quarter and fiscal year ended February 3, 2024.

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Source: SEC EDGAR

accession 0001319947-24-000006

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