— Designer Brands, Inc. (NYSE: DBI) reported adjusted earnings of $0.67 per share for the third quarter of 2019, vs. $0.74 per share expected.
— Net income rose to $43.46 million or $0.60 per share from $39.32 million or $0.48 per share in the third quarter of last year
— Total revenues moved up 12% annually to $936.26 million, vs. $935.03 million expected
— Comparable sales increased 0.3%, delivering a two-year comparable sales growth of 7.6%
— Repurchased 1 million shares in the third quarter and 7.1 million shares year-to-date; declared a quarterly dividend of $0.25 per share
— Cut full-year adjusted EPS outlook to $1.50-$1.55 from the previous range of $1.87 to $1.97
— Expects full-year revenue to grow in low double-digit, which is in line with the earlier forecast
— Expects comparable sales growth to be flat in fiscal 2019, down from the earlier forecast
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
Comments
Comments are closed.