Designer Brands Inc. (NYSE: DBI), a national department store chain specializing in footwear, reported first-quarter 2025 results with an adjusted loss per share of $0.26 and revenue of $686.9 million, both falling short of analyst expectations. The company has withdrawn its full-year 2025 guidance due to deteriorating consumer sentiment and ongoing macroeconomic uncertainty. In response, Designer Brands is targeting $20 million to $30 million in cost savings through disciplined margin and cost controls. Following the earnings release, DBI shares declined sharply, falling 24.1% in premarket trading and 7.8% during regular trading. The company’s financial struggles reflect broader challenges faced by retail chains over the past decade.