Designer Brands Inc.
For the period ended Feb 1, 2025. Filed Mar 24, 2025.
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FY2025 · Filed Mar 24, 2025
DBI$6.75+5.0%Stored close · as of Nov 9, 2026
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Consolidated Statements of Operations
| (in thousands, except per share amounts) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | $3,009,262 | $3,074,976 | $3,315,428 |
| Cost of sales | (1,723,304) | (1,750,981) | (1,860,731) |
| Gross profit | 1,285,958 | 1,323,995 | 1,454,697 |
| Operating expenses | (1,245,834) | (1,256,150) | (1,271,854) |
| Income from equity investments | 13,145 | 9,390 | 8,864 |
| Impairment charges | (18,336) | (4,834) | (4,317) |
| Operating profit | 34,933 | 72,401 | 187,390 |
| Interest expense, net | (45,291) | (32,171) | (14,874) |
| Loss on extinguishment of debt and write-off of debt issuance costs | — | — | (12,862) |
| Non-operating expenses, net | (372) | (33) | (130) |
| Income (loss) before income taxes | (10,730) | 40,197 | 159,524 |
| Income tax benefit (provision) | 755 | (10,981) | 3,142 |
| Net income (loss) | (9,975) | 29,216 | 162,666 |
| Net loss (income) attributable to redeemable noncontrolling interest | (574) | (154) | 10 |
| Net income (loss) attributable to Designer Brands Inc. | $(10,549) | $29,062 | $162,676 |
| Earnings (loss) per share attributable to Designer Brands Inc.: | |||
| Basic earnings (loss) per share | $(0.20) | $0.47 | $2.41 |
| Diluted earnings (loss) per share | $(0.20) | $0.46 | $2.26 |
| Weighted average shares used in per share calculations: | |||
| Basic shares | 53,657 | 61,296 | 67,603 |
| Diluted shares | 53,657 | 63,375 | 72,101 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.