The earnings call reflects a challenging quarter with significant sales declines and macroeconomic pressures, including tariffs and weakened consumer sentiment. However, the company has made notable progress in cost reduction and strategic brand growth, particularly in the Topo brand. While positive steps have been taken to mitigate risks, the overall outlook remains cautious amid ongoing uncertainties.
Company Guidance
During the Designer Brands First Quarter 2025 Results Conference Call, the company reported several key metrics and strategies. Comparable sales declined by 8% in the first quarter, with U.S. Retail comps down 7.3% and Canadian comps down 9.2%. Total net sales were $687 million, an 8% decrease from the previous year. Despite these challenges, the Brand Portfolio segment achieved over 30% growth in operating income due to a 23% reduction in operating expenses, although sales were down 7.9%. The Topo brand showed strong performance with an 84% sales increase. Cost-cutting measures are projected to yield $20 million to $30 million in savings for 2025. The company also highlighted a 6% reduction in operating expenses for the quarter versus the previous year. Due to the volatile macroeconomic environment, Designer Brands withdrew its forward-looking guidance.
Cost Reduction Achievements
Implemented expense cuts leading to a 6% reduction in operating expenses for the quarter, and projected savings of $20 million to $30 million over the course of 2025.
Topo Brand Growth
The Topo brand continued its impressive growth trajectory with an 84% year-over-year increase in sales, reinforcing its momentum as an emerging growth brand.
Operating Income Growth in Brand Portfolio
Despite a decline in total sales, the Brand Portfolio segment grew operating income by over 30% due to a focus on operational efficiencies.
Strategic Diversification Efforts
Accelerated sourcing diversification efforts to mitigate tariff impacts, aiming to reduce reliance on China to less than half by the end of the year.
Designer Brands (DBI) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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
DBI Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 10, 2025
$3.73
$3.05
-18.23%
Mar 20, 2025
$3.70
$3.93
+6.22%
Dec 10, 2024
$5.64
$5.85
+3.72%
Sep 11, 2024
$5.57
$4.92
-11.67%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Designer Brands Inc (DBI) report earnings?
Designer Brands Inc (DBI) is schdueled to report earning on Sep 04, 2025, TBA Not Confirmed.
What is Designer Brands Inc (DBI) earnings time?
Designer Brands Inc (DBI) earnings time is at Sep 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.