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Stock impact report

Designer Brands Q4 Loss Narrower Than Estimates, Comps Rise Y/Y [Yahoo! Finance]

Designer Brands Inc. Class A (DBI) 
Last designer brands inc. class a earnings: 3/17 06:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
However, the bottom line was flat with the prior year and was narrower than the consensus mark. The company saw positive comparable sales, marking its return to growth for the first time in nine quarters, driven by strategic initiatives, such as leadership changes, product revitalization, refined marketing and an enhanced omnichannel experience. These efforts helped strengthen its position despite ongoing consumer pressures. Looking into fiscal 2025, the focus remains on a customer-first, product-driven approach, leveraging data insights and portfolio optimization. While inflation and reduced discretionary spending present challenges, continued investments in brand development and customer engagement are expected to drive financial improvement and long-term growth. Designer Brands reported an adjusted quarterly loss of 44 cents per share, which was narrower than the Zacks Consensus Estimate of a loss of 47 cents. However, the bottom line was flat with the year-ago reported figur Show less Read more
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