For its fourth quarter, footwear retailer Designer Brands recorded a net sales decrease of 5.4 percent to 713.6 million dollars. Despite this, comparable sales increased by 0.5 percent. Gross profit decreased to 282.6 million dollars and net loss reached 38.2 million dollars or loss of 80 cents per diluted share. Adjusted net loss was 21.3...
Mar 20, 2025