---
schema_version: "secwatch.filing_event.v1"
accession: "0001319947-24-000043"
form_type: "8-K"
ticker: "DBI"
cik: "0001319947"
company_name: "Designer Brands Inc."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:23:47.289128+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Designer Brands Q2 net sales down 2.6%; adjusted EPS $0.29; cuts FY guidance

## Summary
- Net sales down 2.6% to $771.9M; comparable sales -1.4%.
- Gross margin 32.8% vs 34.5% last year, gross profit $252.9M.
- Reported net income $13.8M ($0.24 EPS); adjusted EPS $0.29.
- FY24 guidance cut: net sales flat to low-single digits; adjusted EPS $0.50-0.60.
- Repurchased 2.7M shares for $18M; $69.7M remaining in buyback.

## SEC filing metadata
- accession: 0001319947-24-000043
- form_type: 8-K
- ticker: DBI
- cik: 0001319947
- company_name: Designer Brands Inc.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1319947/000131994724000043/0001319947-24-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1319947/000131994724000043/dbi-20240911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001319947-24-000043
- JSON: https://secwatch.observer/filing/0001319947-24-000043.json
- Plain text: https://secwatch.observer/filing/0001319947-24-000043.txt

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