Designer Brands Inc. (DBI) Misses Q2 EPS by 43c, Revenues Miss
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Designer Brands Inc. Reports Second Quarter 2020 Financial Results
September 3, 2020 6:45 AM EDTBolstered liquidity and raised $250 million of new debt
Inventory was down 37%, in line with sales down 43%, compared to the same period last year; well-positioned to chase into developing Fall trends
COLUMBUS, Ohio, Sept. 3, 2020 /PRNewswire/ -- Designer Brands Inc. (NYSE: DBI) (the "Company"), one of North America's largest designers, producers and retailers of footwear and accessories, announced financial results for the three months ended August 1, 2020, compared to the three months ended August 3, 2019.
Roger Rawlins, Chief Executive Officer, stated, "Although the COVID-19 pandemic continues to impact consumer... More
