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
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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
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News
- Designer Brands: Stumbling On The Earnings Runway [Seeking Alpha]Seeking Alpha
- Designer Brands' Q2 Earnings Miss Estimates, Comps Decline Y/Y [Yahoo! Finance]Yahoo! Finance
- Dress Shoe Sales Were Down at DBI — But Jessica Simpson's Brand Gained Traction [Yahoo! Finance]Yahoo! Finance
- Why Designer Brands Stock Was Diving Today [Yahoo! Finance]Yahoo! Finance
- Designer Brands (DBI) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
DBI
Earnings
- 9/11/24 - Miss
DBI
Sec Filings
- 9/20/24 - Form 8-K
- 9/19/24 - Form 4
- 9/17/24 - Form SC
- DBI's page on the SEC website