Highest-materiality recent filing
Designer Brands Q1 adjusted EPS $0.07 beats expectations; gross margin up 240bps
Net sales $696.4M (+1.4% YoY); comparable sales -1.1%. Gross margin 45.3% vs 42.9% (up 240bps).
Designer Brands Q4 net sales flat, gross margin up 280bps; full year adj. op. income above guidance
Q4 net sales $713.6M flat YoY; comparable sales down 1.9%.
Designer Brands appoints Sheamus Toal as CFO effective Feb 16, 2026
Toal succeeds Mark Haley, who returns to SVP Controller and Principal Accounting Officer.
Designer Brands obtains TRO against Worldpay to prevent card processing termination
Worldpay attempted to terminate credit/debit card processing agreement effective Feb 2, 2026, citing a financial default; DBI disputes default.
Diluted EPS $0.35 (adj $0.38), both up >40% YoY; gross margin 45.1% (+210bps vs 43.0%).
Net sales $739.8M (-4.2% YoY); comparable sales -5.0%; gross margin 43.7% vs 44.0%.
Designer Brands Q1 net sales down 8.0% to $686.9M; withdraws 2025 guidance
Net loss of $17.4M ($0.36 diluted EPS loss); adjusted net loss $12.5M ($0.26 adjusted diluted EPS).
Designer Brands posts Q4 loss; comparable sales turn positive; FY2025 EPS outlook $0.30-$0.50
Q4 net sales $713.6M (-5.4% YoY); comparable sales +0.5%, first positive in nine quarters.
Designer Brands Q3 sales -1.2%, adjusted EPS $0.27; FY guidance slashed to $0.10-0.30
Net sales $777.2M (-1.2% YoY); comparable sales -3.1%; gross margin 31.8% vs 32.6%.
Designer Brands Q2 net sales down 2.6%; adjusted EPS $0.29; cuts FY guidance
Net sales down 2.6% to $771.9M; comparable sales -1.4%.
Designer Brands Q1 in line: net sales $746.6M, adj. EPS $0.08, reaffirms FY outlook
Net sales $746.6M (+0.6% YoY); total comparable sales -2.5%; gross margin 32.8% (+80bps).
Designer Brands Q4 net loss $0.52/share; FY2024 EPS guidance $0.70-$0.80
Q4 net sales $754.3M (-0.8% YoY); total comparable sales -7.3%.
Designer Brands Q3 net sales down 9.1%, EPS miss; FY guidance slashed
Net sales $786.3M (-9.1% YoY); total comparable sales -9.3%; gross margin 32.6% vs 33.0%.
Designer Brands Q2 net sales down 7.8% to $792.2M; adjusted EPS $0.59; reaffirms FY guidance
Net sales $792.2M, down 7.8% YoY; total comparable sales down 8.9%.
Designer Brands President William L. Jordan to step down by Dec 1, 2023
William L. Jordan, President of Designer Brands and President of Camuto LLC, will leave his roles.
Designer Brands raises tender offer price to $8.75-$10/share, secures $135M term loan
Tender offer to repurchase up to $100M of Class A common shares; new price range $8.75-$10.00 per share (up from $7.00-$8.00).
Designer Brands to repurchase up to $100M of common shares via Dutch auction at $7-$8/share
Buyback represents ~22-25% of outstanding Class A shares; funded by new $135M term loan.
Designer Brands Q1 net sales $742.1M (-10.7% YoY); cuts FY EPS guidance to $1.20-$1.50
Net sales $742.1M, down 10.7% YoY; comparable sales down 10.4%; gross margin 32.0% vs 33.2%.
Designer Brands Q4 adj. EPS $0.07, sales down 7.5%; guides FY2023 EPS $1.65-1.75 ex-Keds
Q4 net sales $760.5M (-7.5% YoY); comp sales -5.5%; adjusted diluted EPS $0.07.
Designer Brands completes Keds acquisition, plans Hush Puppies license in US/Canada
Acquired Keds (including Pro-Keds and e-commerce) from Wolverine Worldwide; expands owned brand portfolio into casual/athleisure and kids footwear.
Designer Brands CEO transition: Rawlins to step down April 1, Howe appointed
CEO Roger Rawlins steps down effective April 1, 2023; will serve as strategic advisor for 12 months.
Designer Brands Q3 EPS $0.65, lowers FY2022 EPS guidance to $1.75-$1.80
Net sales $865.0M (+1.4% YoY); comparable sales up 3.0% on top of 40.8% last year.
Designer Brands Q2 net sales up 5.1% to $859.3M; raises FY2022 EPS guidance to $2.05-$2.15
Net sales $859.3M, +5.1% YoY; comparable sales +6.2% on top of +84.9% last year.
Designer Brands Q1 net sales up 18.1% to $830.5M; raises FY EPS guidance to $1.90-$2.00
Net sales $830.5M (+18.1% YoY); comparable sales +15.3%; gross margin expanded 250 bps to 33.2%.
On August 1, 2024, the Board appointed John Atkinson as a Class III director of the Board (the "Appointment"), with such Appointment to be effective immediately.
On August 28, 2023, Designer Brands Inc. (the “Company”) announced that William L. Jordan, the President of the Company and President of Camuto LLC, will step down from his positions at the Company on a date that is expected to be on or before December 1, 2023.
Doug Howe, who currently serves as the Company’s Executive Vice President and President of DSW Designer Shoe Warehouse, will assume the CEO role and join the Board as a Class II director.
Doug Howe, who currently serves as the Company’s Executive Vice President and President of DSW Designer Shoe Warehouse, will assume the CEO role and join the Board as a Class II director.
the Company’s current CEO, Roger Rawlins, will step down from his role as CEO and as a member of the Board effective April 1, 2023
the Company’s current CEO, Roger Rawlins, will step down from his role as CEO and as a member of the Board effective April 1, 2023
Tami Fersko as a Class I director
the Board appointed Rich Paul as a Class II director
Max materiality 0.85 · Median 0.53 · Most common event earnings