Thursday, June 8, 2023

Designer Brands Slashes FY23 Outlook As Q1 Results Miss Estimates

Fashion retailer Designer Brands Inc. (DBI) reported on Thursday that net income attributable to the company for the first quarter more than halved to $11.42 million or $0.17 per share from $26.18 million or $0.34 per share in the prior-year quarter.

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