secwatch.observer — SEC 8-K summary
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Issuer:     Designer Brands Inc. (DBI)
CIK:        0001319947
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001319947-24-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1319947/000131994724000006/0001319947-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1319947/000131994724000006/dbi-20240321.htm
  HTML page:      https://secwatch.observer/filing/0001319947-24-000006

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer