Designer Brands Inc. reported earnings results for the fourth quarter and full year ended February 03, 2024. For the fourth quarter, the company reported sales was USD 754.35 million compared to USD 760.55 million a year ago. Net loss was USD 29.7 million compared to net income of USD 45.11 million a year ago. Diluted loss per share from continuing operations was USD 0.52 compared to diluted earnings per share from continuing operations of USD 0.66 a year ago.
For the full year, sales was USD 3,074.98 million compared to USD 3,315.43 million a year ago. Net income was USD 29.22 million compared to USD 162.67 million a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 2.26 a year ago.