DSW Parent Designer Brands Stock Plummets on Weak Results, Withdrawn Outlook

From Yahoo Finance: 2025-06-10 13:08:00

Designer Brands, parent company of DSW, withdraws full-year outlook due to macroeconomic uncertainty. Shares drop over 20% after missing analysts’ estimates in Q1. Adjusted loss per share at 26 cents, lower than expected 6 cents. Net sales down 8% to $686.9 million. CEO focuses on cost control and mitigating impact of tariffs. Stock down 45% this year.



Read more at Yahoo Finance: DSW Parent Designer Brands Stock Plummets on Weak Results, Withdrawn Outlook