Designer Brands Q2 2025: Net sales down 4.2% to $739.8M, but adj. EPS up to $0.34 with sequential comp improvement

Designer Brands Inc.

2025-Q2 EPS reported -$0.14 revenue$1,426,671,000

Net sales $739.8M (-4.2% YoY); comparable sales -5.0%; gross margin 43.7% vs 44.0%.
Reported diluted EPS $0.22; adjusted diluted EPS $0.34, up from prior year.
Comparable sales improved 280 bps sequentially from Q1; back-to-school start strong.
Debt $516.3M vs $465.7M YoY; cash $44.9M; no FY2025 guidance reinstated.
CEO cites macroeconomic volatility and tariff uncertainty, but committed to transformation.

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