Designer Brands Inc. (DBI) shares plummeted over 21% in premarket trading after reporting weaker-than-expected third-quarter earnings and sales, missing analyst estimates and lowering its full-year outlook. The company cited unseasonably warm weather and macroeconomic uncertainty as key factors.
Results for: Designer Brands
Designer Brands Inc. (DBI) shares tumbled on Wednesday after the company reported disappointing second-quarter earnings, missing both earnings and revenue estimates. The company cited challenges in dress and seasonal categories, leading to a lowered outlook for the fiscal year.
Designer Brands (DBI) is set to release its latest quarterly earnings report on September 11th, 2024. Analysts are expecting an EPS of $0.57, and investors will be eager to see if the company can beat those estimates and provide positive guidance for the next quarter. This article analyzes the company’s past performance, analyst sentiment, and financial metrics to offer insights into what investors can anticipate.
Dolce & Gabbana has launched a luxurious fragrance for dogs called “Fefé,” inspired by Domenico Dolce’s beloved dog. The fragrance features notes of Ylang, Musk, and Sandalwood and comes in a sleek green bottle with a gold-plated paw. This is just the latest in a trend of designer brands targeting the lucrative pet market.
Prepare for an unparalleled shopping extravaganza that takes place annually in Wildwood, New Jersey. This year, get ready to indulge in the ultimate fashion destination from August 1st to 8th, and once again on August 12th. Immerse yourself in a world where luxury brands become affordable, offering a rare opportunity to update your wardrobe with designer pieces at a fraction of their original price.