DSW and Keds parent company, Designer Brands, missed quarterly earnings expectations and issued softer-than-expected guidance, sending the stock sliding close to 20% Wednesday. Designer Brands, which also owns shoe brands Hush Puppies and Vince Camuto,

Shares of Designer Brands (NYSE: DBI) were falling today after the parent of DSW and other footwear brands posted disappointing results in its second-quarter earnings report and cut its guidance for the year. As a result, the stock was down 13.9% as of 1:10 p.m. ET on the news. Image source: Getty Images.

Designer Brands Inc. missed Q2 2024 earnings estimates, with EPS of $0.29 and a revenue shortfall of $44.24 million. Learn more on DBI stock here.

Designer Brands Inc. DBI released second-quarter fiscal 2024 results, wherein both the bottom and top lines lagged the Zacks Consensus Estimate and declined year over year. However, during the second quarter,

Designer Brands Inc. (NYSE:DBI) shares are trading lower on Wednesday. The company reported second-quarter adjusted earnings per share of 29 cents, missing the street view of 53 cents. Quarterly sales of $771.