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3.5335689046011E-05 5.3003533568938E-05 -0.00883392226148407 -0.0106007067137809 -0.0123674911660776 0.00176678445229694 0.0220848056537102 0.0282685512367491
Stock impact report

Will Boots Boost Fall Biz? Here's What Caleres, Genesco and Designer Brands Expect [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
This season, certain styles such as wide and tall boots could drive more demand. In their earnings calls from this past quarter, executives from Genesco, Designer Brands Inc. and Caleres discussed how they expect the fall boot season to play out — and what styles they anticipate will continue to fuel consumer spending. At Designer Brands Inc ., penetration in dress and seasonal footwear has declined from close to 60 percent in 2017 to about 49 percent today. As such, the company said it expects boots sales to be down in the double digits compared to the prior year as seasonal and dress penetration continues to shrink. However, while boot sales at the retailer are in general decline, DBI chief financial officer Jared Poff said in Wednesday call with analysts that wide calf and oversized boots are seeing wins compared to styles in the rest of the category. “In those particular areas, we are finding some opportunities for wins while still being relatively conservative from overal Show less Read more
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