Designer Brands: Mixed Q3 Results, Stock Surges

Designer Brands, a footwear and accessories retailer, reported Q3 earnings for 2025, with sales of $752.4 million, a 3.2% decrease from last year. Despite missing analyst expectations, the stock surged by 13.7% due to a significant profit per share increase to 38 cents, exceeding the predicted 18 cents. The companys operating margin improved from 2.9% to 5.7%, and CEO Doug Howe highlighted progress in various areas. However, same-store sales fell by 2.4% and the company operates 672 locations, a slight decrease from last year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.