Earnings summaries and quarterly performance for Designer Brands.
Executive leadership at Designer Brands.
Douglas Howe
Chief Executive Officer
Andrea O'Donnell
Executive Vice President and President, Camuto LLC (Brands)
Deborah Ferrée
Vice Chair and Chief Product Officer
Jay Schottenstein
Executive Chairman
Laura Davis
Executive Vice President and President, DSW Shoe Warehouse, Inc.
Mark Haley
Interim Principal Financial Officer
Mary Turner
Executive Vice President and President, Designer Brands Canada Inc.
Board of directors at Designer Brands.
Research analysts who have asked questions during Designer Brands earnings calls.
Dana Telsey
Telsey Advisory Group
5 questions for DBI
Mauricio Serna
UBS Group AG
4 questions for DBI
Mauricio Serna Vega
UBS
3 questions for DBI
Dylan Carden
William Blair & Company
2 questions for DBI
Alex Vasque
William Blair & Company
1 question for DBI
Recent press releases and 8-K filings for DBI.
- Jared Poff is resigning as Executive Vice President, Chief Financial Officer and Chief Administrative Officer of Designer Brands Inc., effective October 31, 2025, to pursue a new professional opportunity.
- Mark Haley, the current Senior Vice President, Controller and Principal Accounting Officer, has been appointed Interim Principal Financial Officer, effective November 1, 2025.
- The company is launching an executive search to identify a permanent Chief Financial Officer.
- In connection with his interim appointment, Mr. Haley will receive a one-time cash retention bonus of $100,000 and an award of restricted stock units with a grant date value of $150,000.
- Net sales decreased 8.0% to $686.9 million, with the decline reflecting a challenging macro environment (citation: ).
- Gross profit fell to $295.1 million resulting in a 43.0% margin, down from 44.2% last year (citation: ).
- The company reported a net loss of $17.4 million and an adjusted net loss of $12.5 million (citation: ).
- In response to economic uncertainty, Designer Brands announced plans to achieve $20–30 million in cost savings in 2025 and withdrew its full-year guidance (citation: ).
- Positive comps return: The company recorded a return to positive comps in Q4, with U.S. Retail comps up around 1% and Canada Retail comps up 5%, marking the first positive comp performance in several quarters.
- Brand segment strength: The Brand Portfolio segment delivered approximately 12% sales growth in Q4, contributing to improved overall operating margins and benefiting from cost efficiency initiatives.
- Guidance update for 2025: The firm provided updated guidance for fiscal 2025, expecting low single-digit net sales growth in U.S. Retail, mid- to high-single-digit growth in Canada, and earnings per share in the range of $0.30 to $0.50, while noting a slower start in Q1 amid macro uncertainty.
- Q4 financials: Net sales declined 5.4% to $713.6 million, with a reported net loss of $38.2 million (or $0.80 per diluted share) and an adjusted net loss of $21.3 million (or $0.44 per diluted share).
- Full year performance: FY 2024 net sales fell 2.1% to $3.0 billion, while adjusted net income reached $15.0 million (adjusted diluted EPS of $0.27), delivering EPS at the high end of guidance.
- Guidance for fiscal 2025: The company projects low-single digit net sales growth with diluted EPS expected in the range of $0.30 to $0.50, underscoring its ongoing strategic initiatives.
- Q4 2024 Results: The company reported Q4 net sales of $713.6 million, with a reported net loss of $38.2 million and an adjusted net loss of $21.3 million for the quarter.
- Fiscal Year 2024 Overview: Full-year net sales declined to $3.0 billion, while the company achieved an adjusted net income of $15.0 million and an adjusted diluted EPS of $0.27.
- 2025 Guidance: The company expects low-single digit net sales growth and provided guidance for diluted EPS in the range of $0.30 to $0.50, reflecting an outlook for profitable growth.
- Strategic Initiatives and Shareholder Returns: The company highlighted ongoing initiatives to refresh its assortment and enhance its omnichannel customer experience, supported by an active share repurchase program, with 10.3 million shares repurchased in 2024.
- Designer Brands Inc. filed an 8-K report confirming that on March 13, 2025, the Board approved a quarterly cash dividend for both Class A and Class B common shares.
- The dividend is set at $0.05 per share with a payment date of April 11, 2025, and shareholders of record as of March 28, 2025 will be eligible.
Quarterly earnings call transcripts for Designer Brands.
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