Benzinga | Mar 16, 2021 06:46AM EDT

Designer Brands Q4 Adj. EPS $(0.53) Beats $(0.68) Estimate, Sales $609.35M Miss $623.77M Estimate

Designer Brands (NYSE:DBI) reported quarterly losses of $(0.53) per share which beat the analyst consensus estimate of $(0.68) by 22.06 percent. This is a 960 percent decrease over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $609.35 million which missed the analyst consensus estimate of $623.77 million by 2.31 percent. This is a 26.55 percent decrease over sales of $829.62 million the same period last year.