DSW parent Designer Brands shares jump 6.9% premarket after earnings blow past estimates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

DSW parent company Designer Brands jumps after results

DSW parent Designer Brands Inc. shares DBI, -2.47% jumped 6.9% in premarket trade Tuesday, after the retailer blew past earnings estimates for its fiscal second quarter. The company, which designs and makes shoes and footwear under the Camuto group, posted net income of $42.860 million, or 55 cents a share, for the quarter to July 31, after a loss of $92.214 million, or $1.36 a share, in the year-earlier period.

7 million, also ahead of the $748.0 million FactSet consensus. The company said earnings were driven by increased store traffic as they reopened after the pandemic and by a strategy of gaining market share in athleisure and children.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Democrats repealing trump's peace treaty paying Palestinian money replaced with unconditional Palestinian money allowing Palestinians attack Israel was democrats policy deliberately repealing trump's successful middle east policy same with afganistand and keystone Obama ebola

nice

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 3. in BE

Belgique Dernières Nouvelles, Belgique Actualités