Upcoming Dividend • Jun 18
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 25 June 2026. Payment date: 08 July 2026. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of American dividend payers (4.3%). Higher than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to US$6.91, the stock trades at a trailing P/E ratio of 33.1x. Average forward P/E is 12x in the Specialty Retail industry in the US. Total loss to shareholders of 16% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$5.32 per share. Recent Insider Transactions • Jun 13
Insider recently sold US$243k worth of stock On the 10th of June, Mary Turner sold around 35k shares on-market at roughly US$7.00 per share. This transaction amounted to 98% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.8m more than they bought in the last 12 months. Announcement • Jun 12
Designer Brands Inc. Approves Quarterly Cash Dividend, Payable on July 8, 2026 On June 10, 2026, the Board of Designer Brands Inc. approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on July 8, 2026 to shareholders of record as of the close of business on June 25, 2026. As it is customary, details regarding the record and payment dates for any future quarterly dividends will be announced at the time such dividends are declared by the Board. Recent Insider Transactions Derivative • Jun 11
Insider notifies of intention to sell stock Mary Turner intends to sell 35k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of June. If the sale is conducted around the recent share price of US$7.00, it would amount to US$243k. Since March 2026, Mary has owned 35.31k shares directly. Company insiders have collectively sold US$3.9m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Jun 09
First quarter 2027 earnings released First quarter 2027 results: Net income: (up US$17.4m from 1Q 2026). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance. New Risk • Jun 09
New major risk - Revenue and earnings growth Earnings have declined by 8.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Earnings have declined by 8.1% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making. Price Target Changed • Jun 01
Price target increased by 11% to US$7.50 Up from US$6.75, the current price target is an average from 2 analysts. New target price is 8.5% below last closing price of US$8.20. Stock is up 143% over the past year. The company posted a net loss per share of US$0.17 last year. Announcement • May 19
Designer Brands Inc. to Report Q1, 2027 Results on Jun 09, 2026 Designer Brands Inc. announced that they will report Q1, 2027 results Pre-Market on Jun 09, 2026 Buy Or Sell Opportunity • Apr 01
Now 20% overvalued Over the last 90 days, the stock has fallen 22% to US$5.81. The fair value is estimated to be US$4.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Meanwhile, the company became loss making. Price Target Changed • Mar 29
Price target decreased by 10% to US$6.50 Down from US$7.25, the current price target is an average from 2 analysts. New target price is 19% above last closing price of US$5.44. Stock is up 52% over the past year. The company posted a net loss per share of US$0.17 last year. Reported Earnings • Mar 27
Full year 2026 earnings released: US$0.17 loss per share (vs US$0.20 loss in FY 2025) Full year 2026 results: US$0.17 loss per share (improved from US$0.20 loss in FY 2025). Revenue: US$2.89b (down 3.9% from FY 2025). Net loss: US$8.37m (loss narrowed 21% from FY 2025). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Announcement • Mar 27
Designer Brands Inc. Provides Earnings Guidance for Fiscal 2026 Designer Brands Inc. provided earnings guidance for fiscal 2026. For the period, the company expects Designer Brands Change in Net Sales Down 1% to Up 1%, Diluted Earnings per Share $0.28 - $0.38 and Weighted average diluted shares is 58 million. 2026 guidance reflects meaningful growth in profitability. Recent Insider Transactions Derivative • Mar 26
CEO & Director exercised options and sold US$722k worth of stock On the 23rd of March, Douglas Howe exercised options to acquire 134k shares at no cost and sold these for an average price of US$5.40 per share. This trade did not impact their existing holding. For the year to January 2023, Douglas' total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Douglas' direct individual holding has increased from 186.52k shares to 365.57k. Company insiders have collectively sold US$4.2m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • Mar 19
Third quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 26th March 2026 Payment date: 10th April 2026 Dividend yield will be 3.6%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (10% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Mar 13
Designer Brands Inc. Approves Quarterly Cash Dividend for Class A and B Common Shares, Payable on April 10, 2026 On March 12, 2026, the Board of Designer Brands Inc. approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on April 10, 2026 to shareholders of record as of the close of business on March 26, 2026. As it is customary, details regarding the record and payment dates for any future quarterly dividends will be announced at the time such dividends are declared by the Board. Announcement • Mar 12
Designer Brands Inc. to Report Q4, 2026 Results on Mar 26, 2026 Designer Brands Inc. announced that they will report Q4, 2026 results Pre-Market on Mar 26, 2026 Recent Insider Transactions Derivative • Mar 06
Key Executive exercised options and sold US$140k worth of stock On the 3rd of March, Andrea O’Donnell exercised options to acquire 19k shares at no cost and sold these for an average price of US$7.20 per share. This trade did not impact their existing holding. Since March 2025, Andrea's direct individual holding has increased from 21.77k shares to 39.04k. Company insiders have collectively sold US$3.4m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Feb 04
Insider exercised options and sold US$144k worth of stock On the 30th of January, Andrea O’Donnell exercised options to acquire 23k shares at no cost and sold these for an average price of US$6.34 per share. This trade did not impact their existing holding. Since March 2025, Andrea has owned 21.77k shares directly. Company insiders have collectively sold US$2.8m more than they bought, via options and on-market transactions in the last 12 months. Announcement • Jan 30
Designer Brands Inc. Appoints Andrea O'donnell as Chief Operating Officer Effective February 8, 2026 Designer Brands Inc. announced that on January 27, 2026, the Board of Directors approved the appointment of Andrea O'Donnell as the Company's Chief Operating Officer, effective as of February 8, 2026. Ms. O'Donnell will also continue to serve as the Company's Executive Vice President and as the President of the brands business. Ms. O'Donnell, age 57, has served as the Company's Executive Vice President and as President of Camuto LLC, our brands business, since January 2024. Before joining the Company, Ms. O'Donnell served as Chief Executive Officer of Everlane Inc., a fashion retailer, from 2021 to 2024. Prior to Everlane, Ms. O'Donnell held the role of President at Deckers Outdoor Corporation from 2016 to 2021, where she oversaw the Ugg and Koolaburra brands. Prior to Deckers, Ms. O'Donnell served as President, Global Merchandising at DFS Group Ltd., a multi-billion-dollar retailer, from 2014 to 2016, and as the Executive Director of Lane Crawford from 2012 to 2014, where she was responsible for merchandising, merchandise planning, marketing, customer relationship management and store planning for the Asia Pacific region across a portfolio of 500 brands. In addition, Ms. O'Donnell has held various positions at retail brands, including John Lewis plc, Hackett Ltd, Jaeger, and Debenhams Brands Limited. Recent Insider Transactions • Dec 30
Independent Director recently sold US$105k worth of stock On the 26th of December, Joanna Lau sold around 13k shares on-market at roughly US$8.00 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.1m. Insiders have been net sellers, collectively disposing of US$1.6m more than they bought in the last 12 months. Recent Insider Transactions • Dec 14
Vice Chairman recently sold US$1.1m worth of stock On the 11th of December, Deborah Ferree sold around 142k shares on-market at roughly US$8.06 per share. This transaction amounted to 32% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$1.5m more than they bought in the last 12 months. Recent Insider Transactions Derivative • Dec 11
Vice Chairman notifies of intention to sell stock Deborah Ferree intends to sell 142k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of December. If the sale is conducted around the recent share price of US$8.32, it would amount to US$1.2m. Since March 2025, Deborah has owned 448.97k shares directly. Company insiders have collectively sold US$1.4m more than they bought, via options and on-market transactions in the last 12 months. Price Target Changed • Dec 10
Price target increased by 33% to US$6.00 Up from US$4.50, the current price target is an average from 2 analysts. New target price is 29% below last closing price of US$8.47. Stock is up 48% over the past year. The company posted a net loss per share of US$0.20 last year. New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.6x net interest cover). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (9.4% average weekly change). Significant insider selling over the past 3 months (US$280k sold). Reported Earnings • Dec 09
Third quarter 2026 earnings released: EPS: US$0.35 (vs US$0.25 in 3Q 2025) Third quarter 2026 results: EPS: US$0.35 (up from US$0.25 in 3Q 2025). Revenue: US$752.4m (down 3.2% from 3Q 2025). Net income: US$18.2m (up 40% from 3Q 2025). Profit margin: 2.4% (up from 1.7% in 3Q 2025). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 102 percentage points per year, which is a significant difference in performance. Announcement • Dec 09
Designer Brands Inc. Provides Revenue Guidance for Fiscal 2025 Designer Brands Inc. provided revenue guidance for fiscal 2025. For the period, the company expects Designer Brands Net Sales Down 3% to 5%. Declared Dividend • Nov 29
Second quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 5th December 2025 Payment date: 19th December 2025 Dividend yield will be 4.6%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Nov 18
Designer Brands Inc. to Report Q3, 2026 Results on Dec 09, 2025 Designer Brands Inc. announced that they will report Q3, 2026 results at 9:30 AM, US Eastern Standard Time on Dec 09, 2025 Declared Dividend • Sep 25
Second quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 3rd October 2025 Payment date: 17th October 2025 Dividend yield will be 5.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Sep 20
Designer Brands Inc. Approves Quarterly Cash Dividend on Class A and Class B Common Shares, Payable on October 17, 2025 On September 18, 2025, the Board of Designer Brands Inc. approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on October 17, 2025 to shareholders of record as of the close of business on October 3, 2025. As it is customary, details regarding the record and payment dates for any future quarterly dividends will be announced at the time such dividends are declared by the Board. Recent Insider Transactions • Sep 14
Independent Director recently sold US$226k worth of stock On the 11th of September, Harvey Sonnenberg sold around 50k shares on-market at roughly US$4.52 per share. This transaction amounted to 66% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$653k more than they bought in the last 12 months. Recent Insider Transactions Derivative • Sep 11
Independent Director notifies of intention to sell stock Harvey Sonnenberg intends to sell 72k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of September. If the sale is conducted around the recent share price of US$4.40, it would amount to US$317k. Since September 2024, Harvey's direct individual holding has increased from 3.18k shares to 75.55k. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Sep 10
Second quarter 2026 earnings released: EPS: US$0.22 (vs US$0.24 in 2Q 2025) Second quarter 2026 results: EPS: US$0.22 (down from US$0.24 in 2Q 2025). Revenue: US$739.8m (down 4.2% from 2Q 2025). Net income: US$10.8m (down 22% from 2Q 2025). Profit margin: 1.5% (down from 1.8% in 2Q 2025). Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Announcement • Aug 26
Designer Brands Inc. to Report Q2, 2026 Results on Sep 09, 2025 Designer Brands Inc. announced that they will report Q2, 2026 results Pre-Market on Sep 09, 2025 Announcement • Jun 12
Designer Brands Inc. Withdraws Earnings Guidance for the Full Year 2025 Designer Brands Inc. withdraws earnings guidance for the full year 2025. Due to macroeconomic uncertainty stemming primarily from global trade policies, the Company is withdrawing its full year 2025 guidance that was provided on March 20, 2025, and is not providing a full year outlook at this time. Major Estimate Revision • Jun 11
Consensus EPS estimates have been downgraded. The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$3.05b to US$2.87b. Now expected to report a loss of US$1.00 per share instead of US$0.40 per share profit previously forecast. Specialty Retail industry in the US expected to see average net income growth of 12% next year. Consensus price target of US$3.50 unchanged from last update. Share price fell 29% to US$2.57 over the past week. New Risk • Jun 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 30% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings are forecast to decline by an average of 30% per year for the foreseeable future. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (14% average weekly change). Significant insider selling over the past 3 months (US$72k sold). Recent Insider Transactions Derivative • Jun 03
CEO & Director exercised options and sold US$480k worth of stock On the 30th of May, Douglas Howe exercised options to acquire 133k shares at no cost and sold these for an average price of US$3.60 per share. This trade did not impact their existing holding. For the year to January 2023, Douglas' total compensation was 25% salary and 75% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Douglas currently holds less than 1% of total shares outstanding. Company insiders have collectively sold US$1.5m more than they bought, via options and on-market transactions in the last 12 months. Declared Dividend • May 21
Fourth quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 5th June 2025 Payment date: 18th June 2025 Dividend yield will be 6.2%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • May 21
Designer Brands Inc. to Report Q1, 2026 Results on Jun 10, 2025 Designer Brands Inc. announced that they will report Q1, 2026 results on Jun 10, 2025 Announcement • May 16
Designer Brands Inc. Approves Quarterly Cash Dividend, Payable on June 18, 2025 On May 15, 2025, the Board of Designer Brands Inc. approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on June 18, 2025 to shareholders of record as of the close of business on June 5, 2025. Announcement • May 06
Designer Brands Inc., Annual General Meeting, Jun 18, 2025 Designer Brands Inc., Annual General Meeting, Jun 18, 2025. Recent Insider Transactions • Apr 11
Executive Vice President recently sold US$72k worth of stock On the 8th of April, Mary Turner sold around 25k shares on-market at roughly US$2.94 per share. This trade did not impact their existing holding. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$373k more than they bought in the last 12 months. Price Target Changed • Apr 08
Price target decreased by 20% to US$4.00 Down from US$5.00, the current price target is an average from 2 analysts. New target price is 51% above last closing price of US$2.65. Stock is down 71% over the past year. The company is forecast to post earnings per share of US$0.40 next year compared to a net loss per share of US$0.20 last year. New Risk • Apr 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (12% average weekly change). Recent Insider Transactions Derivative • Mar 27
Vice Chairman & Chief Product Officer exercised options and sold US$368k worth of stock On the 24th of March, Deborah Ferree exercised options to acquire 91k shares at no cost and sold these for an average price of US$4.04 per share. This trade did not impact their existing holding. Since March 2024, Deborah has owned 339.09k shares directly. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Mar 20
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: US$0.20 loss per share (down from US$0.47 profit in FY 2024). Revenue: US$3.01b (down 2.1% from FY 2024). Net loss: US$10.5m (down 136% from profit in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 36 percentage points per year, which is a significant difference in performance. Announcement • Mar 20
Designer Brands Inc. Provides Earnings Guidance for the Full Year 2025 Designer Brands Inc. provided earnings guidance for the full year 2025. For the year, the company expected Designer Brands Net Sales Growth to be in Low-single digits; Diluted EPS to be in the range of $0.30 to $0.50. Declared Dividend • Mar 19
Third quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 28th March 2025 Payment date: 11th April 2025 Dividend yield will be 5.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Mar 16
Designer Brands Inc. Approves Quarterly Cash Dividend for the Class A and Class B Common Shares, Payable on April 11, 2025 On March 13, 2025, the Board of Designer Brands Inc. approved a quarterly cash dividend of $0.05 per share of the Company's Class A and Class B common shares. The dividend will be paid on April 11, 2025 to shareholders of record as of the close of business on March 28, 2025. Price Target Changed • Mar 12
Price target decreased by 13% to US$5.00 Down from US$5.75, the current price target is an average from 2 analysts. New target price is 54% above last closing price of US$3.25. Stock is down 70% over the past year. The company is forecast to post earnings per share of US$0.03 for next year compared to US$0.47 last year. Announcement • Mar 06
Designer Brands Inc. to Report Q4, 2025 Results on Mar 20, 2025 Designer Brands Inc. announced that they will report Q4, 2025 results on Mar 20, 2025 New Risk • Feb 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Recent Insider Transactions Derivative • Feb 05
Insider exercised options and sold US$80k worth of stock On the 1st of February, Andrea O’Donnell exercised options to acquire 16k shares at no cost and sold these for an average price of US$5.03 per share. This trade did not impact their existing holding. As of today, Andrea currently holds no shares directly. Company insiders have collectively sold US$3.3m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Dec 11
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$0.24 (up from US$0.17 in 3Q 2024). Revenue: US$777.2m (down 1.2% from 3Q 2024). Net income: US$13.0m (up 28% from 3Q 2024). Profit margin: 1.7% (up from 1.3% in 3Q 2024). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 27%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Announcement • Dec 10
Designer Brands Inc. Updates Earnings Guidance for the Full Year 2024 Designer Brands Inc. updated earnings guidance for the full year 2024. For the period, the company updates designer brands net sales growth to be down low single digits compared to previous guidance of flat to low-single digits. New Risk • Dec 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Significant insider selling over the past 3 months (US$301k sold). Declared Dividend • Nov 29
Second quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 6th December 2024 Payment date: 20th December 2024 Dividend yield will be 4.0%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Nov 28
Designer Brands Inc. Approves Quarterly Cash Dividend for the Class A and Class B Common Shares, Payable on December 20, 2024 On November 21, 2024, Designer Brands Inc. approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on December 20, 2024 to shareholders of record as of the close of business on December 6, 2024. Announcement • Nov 20
Designer Brands Inc. to Report Q3, 2025 Results on Dec 10, 2024 Designer Brands Inc. announced that they will report Q3, 2025 results on Dec 10, 2024 Recent Insider Transactions • Oct 17
Senior VP & Controller recently sold US$156k worth of stock On the 11th of October, Mark Haley sold around 26k shares on-market at roughly US$6.04 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$796k more than they bought in the last 12 months. Declared Dividend • Sep 25
Second quarter dividend of US$0.05 announced Dividend of US$0.05 is the same as last year. Ex-date: 4th October 2024 Payment date: 18th October 2024 Dividend yield will be 2.8%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Recent Insider Transactions • Sep 20
Independent Director recently sold US$146k worth of stock On the 17th of September, Harvey Sonnenberg sold around 22k shares on-market at roughly US$6.62 per share. This transaction amounted to 87% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.5m more than they bought in the last 12 months. Announcement • Sep 20
Designer Brands Inc. Approves Quarterly Cash Dividend for the Class A and Class B Common Shares, Payable on October 18, 2024 Designer Brands Inc. announced that on September 19, 2024, the Board approved a quarterly cash dividend of $0.05 per share of the Company’s Class A and Class B common shares. The dividend will be paid on October 18, 2024 to shareholders of record as of the close of business on October 4, 2024. Recent Insider Transactions Derivative • Sep 18
Independent Director notifies of intention to sell stock Harvey Sonnenberg intends to sell 22k shares in the next 90 days after lodging an Intent To Sell Form on the 16th of September. If the sale is conducted around the recent share price of US$5.99, it would amount to US$132k. Since March 2024, Harvey's direct individual holding has increased from 11.20k shares to 25.18k. Company insiders have collectively sold US$5.1m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Sep 12
Second quarter 2025 earnings: EPS and revenues miss analyst expectations Second quarter 2025 results: EPS: US$0.24 (down from US$0.57 in 2Q 2024). Revenue: US$771.9m (down 2.6% from 2Q 2024). Net income: US$13.8m (down 63% from 2Q 2024). Profit margin: 1.8% (down from 4.7% in 2Q 2024). Revenue missed analyst estimates by 5.4%. Earnings per share (EPS) also missed analyst estimates by 61%. Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. 