16.07 0.00 (0.00%)
After hours: 4:20PM EST
|Bid||16.04 x 1300|
|Ask||16.03 x 900|
|Day's Range||15.88 - 16.42|
|52 Week Range||13.88 - 30.73|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||21.63|
|Earnings Date||Mar 16, 2020 - Mar 22, 2020|
|Forward Dividend & Yield||1.00 (6.09%)|
|Ex-Dividend Date||Dec 17, 2019|
|1y Target Est||18.71|
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...
AutoZone's (AZO) fiscal Q1 performance is expected to have benefited from growing DIY retail and commercial businesses, despite high capital expenditure and U.S.-Sino trade tensions.
Buckle (BKE) announces a 20% dividend hike, taking it to 30 cents per share. Additionally, the company approves a special cash dividend of $1.25.
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.
Abercrombie (ANF) misses earnings and sales estimates in third-quarter fiscal 2019 on unseasonably warm weather in September and ongoing disruptions in key international markets.
Gap (GPS) reports better-than-expected sales and earnings results in third-quarter fiscal 2019. It lowers sales and comps outlook for fiscal 2019 but reaffirms earnings view.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
COLUMBUS, Ohio , Nov. 19, 2019 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI), one of North America's largest designers, producers and retailers of footwear and accessories, announced the Company will ...
The Shoe Company unveils Shoe VIP, a new rewards program that gives 4 million members cause to celebrate