Designer Brands Inc. Reports 4.2% Decrease in Q2 2025 Net Sales and $10.8 Million Net Income; Adjusted EPS at $0.34

Reuters
2025.09.09 10:45
portai
I'm PortAI, I can summarize articles.

Designer Brands Inc. reported a 4.2% decrease in Q2 2025 net sales, totaling $739.8 million, with a net income of $10.8 million and adjusted EPS of $0.34. Gross profit fell to $322.9 million, and total comparable sales declined by 5.0%. The company ended the quarter with $44.9 million in cash, while debt rose to $516.3 million. CEO Doug Howe noted a 280-basis point improvement in comparable sales from Q1, attributing it to operational initiatives and increased marketing investments despite macroeconomic challenges.