tiprankstipranks
Trending News
More News >

Designer Brands reports Q1 adjusted EPS (26c), consensus (6c)

Reports Q1 revenue $686.91M, consensus $732.82M. Total comparable sales decreased by 7.8%. “We experienced a soft start to 2025 amid an unpredictable macro environment and deteriorating consumer sentiment,” stated Doug Howe, CEO. “We have shifted our near-term focus to amplifying value in our retail channels, preserving margins, controlling costs, and mitigating the impact of tariffs as part of our response to this volatility. Thanks to our team’s focus and discipline, we expect to deliver between $20 million to $30 million in cost savings over the course of 2025.”

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

1