Designer Brands 4Q Comparable Sales Fall, Hurt by Direct-to-Consumer Weakness

Dow Jones

Mar 26

By Nicholas G. Miller

Designer Brands reported lower comparable sales for the fiscal fourth quarter, dragged down by a decline in its direct-to-consumer channel.

The footwear-and-accessories company posted a quarterly loss of $20 million, or 40 cents a share, compared with a loss of $38.2 million, or 80 cents a share, the year prior.

On an adjusted basis, the company reported a loss of 31 cents a share.

Net sales were $713.6 million, about even with the prior year. Comparable sales fell 1.9%, including a 1.7% decline in the retail segment and an 11% decline in the brand portfolio direct-to-consumer channel.

The company guided for fiscal 2026 net sales to be down 1% to up 1%, and for fiscal-year earnings of 28 cents to 38 cents a share.

Shares fell 7.1% to $5 in premarket trading.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

March 26, 2026 07:16 ET (11:16 GMT)

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/DBI\">Designer Brands</a> reported lower comparable sales for the fiscal fourth quarter, dragged down by a decline in its direct-to-consumer channel. \n</p>\n<p>\n  The footwear-and-accessories company posted a quarterly loss of $20 million, or 40 cents a share, compared with a loss of $38.2 million, or 80 cents a share, the year prior. \n</p>\n<p>\n  On an adjusted basis, the company reported a loss of 31 cents a share. \n</p>\n<p>\n  Net sales were $713.6 million, about even with the prior year. Comparable sales fell 1.9%, including a 1.7% decline in the retail segment and an 11% decline in the brand portfolio direct-to-consumer channel. \n</p>\n<p>\n  The company guided for fiscal 2026 net sales to be down 1% to up 1%, and for fiscal-year earnings of 28 cents to 38 cents a share. \n</p>\n<p>\n  Shares fell 7.1% to $5 in premarket trading. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. 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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/DBI\">Designer Brands</a> reported lower comparable sales for the fiscal fourth quarter, dragged down by a decline in its direct-to-consumer channel. \n</p>\n<p>\n  The footwear-and-accessories company posted a quarterly loss of $20 million, or 40 cents a share, compared with a loss of $38.2 million, or 80 cents a share, the year prior. \n</p>\n<p>\n  On an adjusted basis, the company reported a loss of 31 cents a share. \n</p>\n<p>\n  Net sales were $713.6 million, about even with the prior year. Comparable sales fell 1.9%, including a 1.7% decline in the retail segment and an 11% decline in the brand portfolio direct-to-consumer channel. \n</p>\n<p>\n  The company guided for fiscal 2026 net sales to be down 1% to up 1%, and for fiscal-year earnings of 28 cents to 38 cents a share. \n</p>\n<p>\n  Shares fell 7.1% to $5 in premarket trading. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 26, 2026 07:16 ET (11:16 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4094","symbol_name":"服装零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2622685175","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2622685175","pubTimestamp":1774523760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Designer Brands reported lower comparable sales for the fiscal fourth quarter, dragged down by a decline in its direct-to-consumer channel.The footwear-and-accessories company posted a quarterly loss of $20 million, or 40 cents a share, compared with a loss of $38.2 million, or 80 cents a share, the year prior.On an adjusted basis, the company reported a loss of 31 cents a share.Net sales were $713.6 million, about even with the prior year. 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Miller \n\n\n \n\n\nDesigner Brands reported lower comparable sales for the fiscal fourth quarter, dragged down by a decline in its direct-to-consumer channel. \n\n\n  The footwear-and-accessories company posted a quarterly loss of $20 million, or 40 cents a share, compared with a loss of $38.2 million, or 80 cents a share, the year prior. \n\n\n  On an adjusted basis, the company reported a loss of 31 cents a share. \n\n\n  Net sales were $713.6 million, about even with the prior year. Comparable sales fell 1.9%, including a 1.7% decline in the retail segment and an 11% decline in the brand portfolio direct-to-consumer channel. \n\n\n  The company guided for fiscal 2026 net sales to be down 1% to up 1%, and for fiscal-year earnings of 28 cents to 38 cents a share. \n\n\n  Shares fell 7.1% to $5 in premarket trading. \n\n\n \n\n\n  Write to Nicholas G. Miller at nicholas.miller@wsj.com. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 26, 2026 07:16 ET (11:16 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}