Designer Brands sees FY25 revenue down 3%-5%

Sees FY25 adjusted operating profit $50M-$55M. Sees FY25 adjusted income tax expense $8M-$10M. Howe continued, “I’m encouraged that this positive momentum has extended into the early part of the fourth quarter, reinforcing the progress of our strategic initiatives and positioning us well as we close out the year. While macroeconomic pressures persist, we are confident in our ability to navigate the near-term environment and continue making progress on our long-term strategies.”