While reporting financial results for the fourth quarter on Thursday, fashion retailer Designer Brands, Inc. (DBI) initiated earnings and net sales growth guidance for the full-year 2026.
For fiscal 2026, the company now projects earnings in a range of $0.28 to $0.38 per share on Designer Brands net sales between a decline of 1 percent and a growth of 1 percent. The company also said it will pay a dividend of $0.05 per share for both Class A and Class B common shares on April 10, 2026 to shareholders of record at the close of business on March 26, 2026.
In Thursday's pre-market trading, DBI is trading on the NYSE at $5.10, down $0.29 or 5.38 percent.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.