Designer Brands (DBI) delivered earnings and revenue surprises of -22.86% and 3.15%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?
This quarter, analysts are expecting Designer Brands’s revenue to grow 2% year on year to $802.1 million, a reversal from the 9.1% decrease it recorded in the same quarter last year. Adjusted earnings ...