— Designer Brands Inc. (NYSE: DBI) reported Q4 2019 loss of $0.11 per share, vs. a loss of $0.06 expected.
— Sales fell 1.5% to $829 million, vs. $840 million expected.
— Comparable sales increased 0.7%.
— At quarter-end, the company had 666 stores operating in total.
— US Retail sales increased 0.5% to $658 million.
— Canada Retail sales fell 15% to $57.5 million.
— Brand Portfolio sales increased 3.5% to $103.2 million.
— Due to the COVID-19 situation, the company reduced its dividend to $0.10 per share from $0.25 per share, in order to preserve liquidity. The dividend is payable on April 10, 2020 to shareholders of record on March 30, 2020.
— DBI shares were down 11% in morning trade on Tuesday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
Comments