
Designer Brands Inc. (NYSE: DBI) announced its third consecutive quarter of improved comparable sales, driven by a 4 percentage point growth in the athleisure category. Despite this, the company reported a 2.6% decrease in net sales to $771.9 million and a 1.4% decline in total comparable sales. Gross profit fell to $252.9 million from $273.4 million last year, with a gross margin of 32.8% compared to 34.5% previously. The company posted a diluted EPS of $0.24 and an adjusted diluted EPS of $0.29. Vera Bradley Inc. (NASDAQ: VRA) reported a diluted EPS of $0.19 and an adjusted diluted EPS of $0.13, missing estimates by $0.08. Revenue for Vera Bradley was $110.8 million, falling short by $12.21 million. CEO Jackie Ardrey noted the successful launch of Project Restoration late in the second quarter. Meanwhile, Children's Place Retail Stores (NASDAQ: PLCE) reported a non-GAAP EPS of $0.30, exceeding expectations by $1.45, though its revenue of $319.7 million missed projections by $7.68 million. The stock surged 37.8% pre-market.
Designer Brands Inc $DBI Earnings: - Diluted EPS of $0.24 - Adjusted Diluted EPS of $0.29 - Revenue of $771.9 million (-2.6% YoY) - Comparable sales decline of 1.4% YoY "This quarter, we further built on our track record of steady improvement as we continued to refine and… https://t.co/qiQ7tohTMq
Vera Bradley Inc. $VRA Earnings: - Diluted EPS of $0.19 - Adjusted Diluted EPS of $0.13 - Revenue of $110.8 million Jackie Ardrey, Chief Executive Officer commented, “Late in the second quarter, under Project Restoration, we successfully launched the first phase of our… https://t.co/Hj9aHGkwUt
Designer Brands Stock Is Plunging. DSW Parent’s Earnings Were That Bad. https://t.co/FhxQNL7vMv

