Designer Brands' Q2 Earnings Miss Estimates, Comps Decline Y/Y
DBIDesigner Brands(DBI) ZACKS·2024-09-12 20:26

Designer Brands Inc. (DBI) released second-quarter fiscal 2024 results, wherein both the bottom and top lines lagged the Zacks Consensus Estimate and declined year over year. However, during the second quarter, the company continued to advance with its strategic initiatives aimed at business transformation. Despite challenges in categories like dress and seasonal footwear, the expansion of athletic and athleisure brands helped mitigate some of the pressure. Looking ahead, the focus will be on investments in ...