Designer Brands Inc. missed Q2 2024 earnings estimates, with EPS of $0.29 and revenue shortfall of $44.24 million, highlighting profitability and debt issues. Despite positive signs in athleisure ...
As a result, the stock was down 13.9% as of 1:10 p.m. ET on the news. In a difficult retail environment, Designer Brands said comparable sales fell 1.4%, leading to a 2.6% decline in revenue to $ ...