Designer Brands Inc. (DBI) Q2 FY2026 earnings

Reported results

• Net sales decreased 1.2% to $730.6 million; total comparable sales decreased 2.4%
• Reported gross profit was $365.4 million with gross margin of 50.0% compared to $322.5 million and 43.6% last year
• Adjusted gross profit was $350.0 million with adjusted gross margin of 47.9% compared to $322.5 million and 43.6% last year
• Reported net income attributable to Designer Brands Inc. was $17.6 million, or diluted EPS of $0.31; adjusted net income was $19.2 million, or adjusted diluted EPS of $0.34
• Total debt decreased to $423.1 million at end of second quarter 2026 from $516.3 million at end of second quarter 2025, a reduction of $93.0 million
• Cash and cash equivalents totaled $51.6 million with $146.2 million available under senior secured asset-based revolving credit facility

Guidance

• Revised 2026 net sales guidance: flat to up 1% (previously down 1% to up 1%)
• Revised 2026 adjusted diluted EPS guidance: $0.47–$0.52 (previously $0.28–$0.38)

Notes

The company adjusted GAAP results to exclude tariff recoveries, restructuring costs, impairment charges, interest on tariff sale financing transaction, and foreign currency losses. A reconciliation of forward-looking adjusted diluted EPS to GAAP is not provided per Item 10(e)(1)(i)(B) of Regulation S-K due to inherent uncertainty of potential charges or gains.

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-10 (8-K, Item 2.02). Read the original filing on sec.gov.