DESIGNER BRANDS INC

Shareholders of Designer Brands approved several bylaw amendments, including new advance notice rules, adjustments to indemnification and hold-harmless provisions, and authorizations for the board. Four Class I directors — Harvey L. Sonnenberg, Allan J. Tanenbaum, Peter S. Cobb and Douglas M. Howe — were elected to serve until the 2029 annual meeting. Deloitte & Touche LLP was confirmed as auditor for fiscal 2027, and executive compensation for 2025 was approved in an advisory vote. The company also reported Q1 results: adjusted EPS $0.07 (better than the expected -$0.09), revenue $696.3 million (slightly below expectations), improved gross margin to 45.3% and a same-store sales decline of 1.1%; the stock fell premarket and UBS cut its price target to $7.50 with a neutral rating. » More on de.investing.com

Designer Brands reported Q1 2026 EPS of $0.07, well above the consensus estimate of -$0.09, while revenue of $696.3 million narrowly missed the $700.24 million estimate. The company posted a gross margin improvement of 240 basis points, brand-portfolio growth of 19.4%, and adjusted operating income of $19.4 million. Despite improved profitability, the stock fell about 10% in pre-market trading to $7.99 as investors questioned the revenue trend and future growth potential. » More on de.investing.com

Designer Brands reported an adjusted loss per diluted share of -$0.31 for Q4 2025, beating the expected -$0.51; revenue was $713.6 million, slightly above forecasts. Despite an improved gross margin (+280 basis points) and a halved operating loss, the premarket decline widened to 11.7%, driven by concerns about higher operating costs and macroeconomic uncertainty. The company announced product initiatives and efficiency measures and expects EPS of -$0.03 for 2026 and $0.42 for 2027. » More on de.investing.com