|Bid||15.05 x 900|
|Ask||15.67 x 800|
|Day's Range||15.16 - 15.68|
|52 Week Range||13.88 - 30.73|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||20.54|
|Earnings Date||Mar 16, 2020 - Mar 22, 2020|
|Forward Dividend & Yield||1.00 (6.40%)|
|Ex-Dividend Date||Dec 18, 2019|
|1y Target Est||18.71|
The shoe and handbag lineup will be crafted "with the purpose of inspiring women to create and choose a life of confidence, empowerment and positivity."
Designer Brands Inc. said Thursday that it has partnered with Jennifer Lopez to sell an exclusive line of shoes and handbags at the DSW Designer Shoe Warehouse chain. The JLo Jennifer Lopez collection of shoes will launch in the spring with handbags to follow. Lopez will have creative authority and the merchandise will be sourced and sold among the partners. Jennifer Lopez has more than 200 million social media followers and just recently headlined the Super Bowl halftime show with fellow entertainer, Shakira. Lopez and her fiancee Alex Rodriguez are also founders of Tiller & Hatch, a line of meal kits designed for pressure cookers. Designer Brands stock has fallen 44% over the past year while the S&P 500 index has gained 22.4% for the period.
Designer Brands Inc. (NYSE:DBI), one of North America's largest footwear and accessories retailers, today announced a business partnership with music and entertainment powerhouse Jennifer Lopez. The legendary artist, style icon, and entrepreneur will partner with Designer Brands to develop and produce the JLO JENNIFER LOPEZ collection, a line of footwear and handbags. The collection will be sold exclusively at DSW Designer Shoe Warehouse stores in the United States and Canada, and online at DSW.com. The footwear line is poised to debut in Spring 2020 with handbags to follow.
Designer Brands Inc. (NYSE:DBI), which is in the specialty retail business, and is based in United States, received a...
Insight, Designer Brand, Advantest, Fair Isaac and Jones Lang LaSalle highlighted as Zacks Bull and Bear of the Day
Designer Brands Inc. shares sank 16.5% in Tuesday premarket trading after the accessories retailer reported third-quarter profit that missed expectations and cut its guidance. Net income totaled $43.5 million, or 60 cents per share, up from $39.3 million, or 48 cents per share, last year. Adjusted EPS came to 67 cents, missing the FactSet consensus of 74 cents. Revenue of $936.3 million was up from $833.0 million in 2018 and ahead of the $930.0 million FactSet outlook. Same-store sales grew 0.3%, ahead of the 0.1% FactSet guidance. In a statement, Chief Executive Roger Rawlins said "near-record warm weather" and tariffs were headwinds. Designer Brands' portfolio includes DSW Designer Shoe Warehouse and Camuto Group. For fiscal 2019, Designer Brands now expects flat same-store sales versus previous guidance for low single-digit growth. The company still expects low double-digit revenue growth. Designer Brands stock has tumbled 31.2% for the year to date while the S&P 500 index has gained 25.1% for the period.
Good weather is clearly not good for sales of shoes and boots, among other accessories. So says retail shoe giant DSW parent Designer Brands (DBI) - Get Report, which reported fiscal third-quarter profit that missed expectations and also a cut in its forward guidance on Tuesday amid better-than-expected fall weather.
Shares of the DSW parent plunge after the company reports fiscal third-quarter profit that missed expectations and cuts guidance.
Anyone researching Designer Brands Inc. (NYSE:DBI) might want to consider the historical volatility of the share...
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Designer Brands (DBI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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