Designer Brands Inc (GB:0A1D)
LSE:0A1D
Earnings Data
Report Date
Jun 10, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
-0.23Same Quarter Last Year
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed measured optimism supported by meaningful margin expansion, disciplined cost and inventory management, debt reduction, and strong brand-level momentum (notably Topo and improved DSW brand engagement). These operational wins enabled adjusted operating income to exceed guidance and set expectations for EPS improvement in 2026. However, top-line pressure persisted (full-year sales down 3.9%, comps down 4.3%), the Brand Portfolio faced a full-year decline despite late-year recovery, full-year net income and EPS fell due largely to a higher effective tax rate, and management flagged macro/tariff/geopolitical uncertainties and tougher back-half comparisons. Overall, the positives around margin, profitability progress, balance-sheet improvement, and brand momentum outweigh the outstanding top-line and tax-related headwinds.Company Guidance
Full-Year Adjusted Operating Income Above Guidance
Full-year adjusted operating income of $65.2M, beating guidance of $50M–$55M and driven by gross profit expansion and disciplined expense management (adjusted operating expenses declined ~$26M YoY).
Strong Q4 and Sequential Improvement
Q4 net sales of $713.6M were flat YoY and the company delivered another consecutive quarter of sequential improvement with consolidated comparable sales improving by ~50 basis points sequentially; Q4 adjusted operating loss improved to ($11.0M) from ($23.5M) prior year.
Meaningful Gross Margin Expansion
Consolidated gross margin expanded materially: Q4 gross margin 42.4% (up 280 bps YoY) yielding a $20.1M gross margin dollar improvement; full-year consolidated gross margin 43.6% (up 90 bps YoY). Retail gross margin improved 140 bps in Q4 and 30 bps for the full year.
Inventory and Balance Sheet Improvements
Total inventories down ~6% YoY at year-end and debt reduced by nearly $60M to $435M; cash at year-end $50.9M and total liquidity $152M (cash + ABL availability).
Brand Portfolio Momentum in Q4 and Topo Outperformance
Brand Portfolio sales up 5.3% in Q4 driven by Topo (+42% Q4; +46% full year) and Jessica Simpson (+17% Q4). Topo has more than doubled in size versus two years ago, signaling strong brand traction.
Successful Brand and Marketing Initiatives
DSW brand impressions increased 10% YoY to 79,000,000,000 in 2025; launched the 'Let Us Surprise You' spring campaign and piloted new store remodels/openings (13 stores opened, 4 remodeled) showing encouraging customer conversion and traffic.
Margin and Supply Chain Resilience
Brand gross margin expanded ~80 basis points for the year due to supply chain diversification and tariff-mitigation efforts, enabling better protection against external cost pressures.
2026 Guidance Indicates Profitability Improvement
2026 guidance expects net sales roughly -1% to +1% with Brand Portfolio double-digit growth and EPS of $0.28–$0.38 (vs adjusted EPS $0.16 in 2025); Q1 expected flat to up low-single-digits with EPS breakeven to slightly positive.
GB:0A1D Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Designer Brands Inc (GB:0A1D) report earnings?
Designer Brands Inc (GB:0A1D) is schdueled to report earning on Jun 10, 2026, Before Open (Confirmed).
What is Designer Brands Inc (GB:0A1D) earnings time?
Designer Brands Inc (GB:0A1D) earnings time is at Jun 10, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Designer Brands Inc stock?
The P/E ratio of Designer Brands is N/A.
What is GB:0A1D EPS forecast?
GB:0A1D EPS forecast for the fiscal quarter 2026 (Q1) is 0.02.
