Designer Brands Inc. revised earnings guidance for the full year of 2023. For the year, the company expects designer brands net sales growth, excluding Keds to be down high-single digits against previous guidance of down mid- to high-single digits. Incremental net sales from Keds acquisition to be in the range of $60.0 million to $70.0 million against previous guidance range of $75.0 million to $85.0 million.

Diluted EPS: Designer Brands, excluding Keds to be in the range of $0.40 to $0.70 against previous guidance range of $1.20 - $1.50.