Designer Brands Inc. (NYSE:DBI) shares climbed on Thursday after the footwear retailer delivered fourth-quarter results and guidance above consensus.
The company reported adjusted loss per share of 31 cents, better than the consensus loss of 49 cents.
Metrics
Sales of $713.6 million, flat year over year (Y/Y), missed the analyst consensus estimate of $718.9 million.
Total comparable sales decreased by 1.9% Y/Y in the quarter.
Beginning in the fourth quarter of 2025, the company combined the previously reported U.S. Retail operating segment and Canada Retail operating segment into a single reportable segment known as the Retail segment.
Segment-wise, Retail remained broadly flat Y/Y, while the Brand Portfolio rose 5.3% Y/Y.
Gross profit rose to $302.7 million from $282.6 million a year ago, with margins …