Designer Brands Sees FY26 At High-end Of Prior Guidance Range; Posts Profit In Q1; Stock Down 5.6%
While reporting financial results for the first quarter on Tuesday, fashion retailer Designer Brands, Inc. (DBI) said it now expects earnings and net sales growth for the full-year 2026 at the high end of the prior guidance range, following the encouraging start to the year.For fiscal 2026, the company projects earnings in a range of $0.28 to $0.38 per share on Designer Brands net sales between a decline of 1 percent and a growth of 1 percent.For the first quarter, the company reported net income attributa ...