earnings
confidence high
sentiment negative
materiality 0.65
Designer Brands posts Q4 loss; comparable sales turn positive; FY2025 EPS outlook $0.30-$0.50
Designer Brands Inc.
2024-FY EPS reported
-$0.20
revenue$3,009,262,000
- Q4 net sales $713.6M (-5.4% YoY); comparable sales +0.5%, first positive in nine quarters.
- Q4 reported net loss $38.2M ($0.80 loss/sh); adjusted net loss $21.3M ($0.44 loss/sh).
- FY2024 net sales $3.0B (-2.1%); adjusted net income $15.0M, adjusted diluted EPS $0.27.
- FY2025 guidance: low-single digit net sales growth; diluted EPS $0.30-$0.50.
- Dividend of $0.05/sh payable Apr 11, 2025; repurchased 10.3M shares for $68.6M in FY2024.