Designer Brands raises full-year profit outlook after quarterly earnings beat

Movers Written by: Angela Harmantas 11:09 Thu 10 Sep 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. She earned a Bachelor of... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Designer Brands raises full-year profit outlook after quarterly earnings beat Published: 11:09 10 Sep 2026 EDT Designer Brands Inc (NYSE:DBI) reported second-quarter adjusted earnings that topped analyst estimates and raised its full-year profit guidance, sending shares up 5.4%. The footwear and accessories retailer posted adjusted earnings per share of $0.34 for the quarter, beating the average analyst estimate of $0.26. Revenue came in at $730.6 million, down 1.2% from a year earlier and below the $745 million analysts had expected. Adjusted net income rose to $19.2 million, ahead of the $15.5 million analysts had forecast, while operating profit reached $54.7 million, boosted by tariff recoveries. Adjusted gross margin expanded 430 basis points year-over-year to 47.9%, and gross margin including tariff recoveries stood at 50.0%. By segment, retail net revenue fell 2.2% to $671.1 million, while brand portfolio revenue climbed 17.9% to $86.3 million. Comparable sales declined 2.4% for the quarter. The company raised its full-year adjusted earnings per share guidance to a range of $0.47 to $0.52, up from prior expectations and above the $0.39 analysts had projected. Designer Brands now expects full-year revenue growth to be flat to up 1%. Continue reading