Designer Brands Inc - Ordinary Shares - Class A

NYSE:DBI   1:56:25 PM EDT
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Other Pre-Announcement

Designer Brands Inc Reports Second Quarter 2021 Financial Results

Published: 08/31/2021 11:06 GMT
Designer Brands Inc - Ordinary Shares - Class A (DBI) - Reports Second Quarter 2021 Financial Results.
Q2 Same Store Sales Rose 84.9 Percent.
Q2 Adjusted Earnings per Share $0.56.
Q2 Earnings per Share $0.55 Including Items.
Q2 Sales $817.3 Million Versus Refinitiv Ibes Estimate of $751.2 Million.
Q2 Earnings per Share Estimate $0.24 -- Refinitiv Ibes Data (analyst estimates).
Designer Brands - Ended Quarter With Inventories of $504.3 Million Compared to $445.0 Million for Same Period Last Year.
Designer Brands - Expect to Achieve Adjusted Operating Income in H2 Fiscal 2021 That Will Be In-line Or Slightly Better Than Fiscal 2019 Levels.