Designer Brands Inc. Reports First Quarter 2025 Financial Results

COLUMBUS, Ohio, June 10, 2025 /PRNewswire/ – Designer Brands Inc. (NYSE: DBI), a leading specialty retail company known for designing, producing, and retailing footwear and accessories, has announced its financial results for the first quarter ended May 3, 2025. The company, which operates in the consumer discretionary sector, reported a challenging start to the year due to an unpredictable macroeconomic environment and declining consumer sentiment.

Doug Howe, Chief Executive Officer of Designer Brands Inc., stated, “We experienced a soft start to 2025 amid an unpredictable macro environment and deteriorating consumer sentiment. We have shifted our near-term focus to amplifying value in our retail channels, preserving margins, controlling costs, and mitigating the impact of tariffs as part of our response to this volatility.” Howe emphasized the company’s commitment to disciplined execution and cost-saving measures, projecting between $20 million to $30 million in cost savings over the course of 2025.

Due to ongoing instability and pressure on consumer discretionary spending, Designer Brands Inc. has decided to withdraw its 2025 guidance for the time being. The company remains focused on building a business rooted in the strength of its brand, centered on the customer, and positioned for long-term value creation.

First Quarter Operating Results

Designer Brands Inc. reported a decrease in net sales compared to the first quarter of 2024. The company’s market capitalization stands at approximately $156.2 million, with a close price of $3.73 as of June 8, 2025. The 52-week high was $8.45 on July 30, 2024, and the 52-week low was $2.44 on April 20, 2025. The price-to-earnings ratio is currently 18.84.

Market Context

In the broader market context, several major companies are set to report earnings this week, including Adobe (ADBE), Oracle (ORCL), GameStop (GME), Chewy (CHWY), and Gitlab (GTLB). According to TipRanks, options volatility tends to increase leading up to earnings announcements due to uncertainty, often resulting in a “volatility crush” once the earnings are released.

DSW A Financial Outlook

On June 10, 2025, DSW A will release its financial results for the quarter ending April 30, 2025. Analysts anticipate a loss per share of $0.062, compared to a profit of $0.010 per share in the same quarter of the previous year. Revenue is expected to decline by 1.85% to $732.8 million from $746.6 million. For the current fiscal year, analysts project a profit per share of $0.317, up from a loss of $0.200 per share last year, with total revenue estimated at $3.04 billion, compared to $3.01 billion in the prior year.

Designer Brands Inc. continues to navigate a challenging market environment, focusing on strategic initiatives to enhance value and ensure long-term growth.