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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

What's Going On With Designer Brands Stock Today?

DBI
Designer Brands

Designer Brands Inc. (NYSE:DBI) shares traded lower in the premarket session on Tuesday after reporting second-quarter adjusted earnings per share of 34 cents, beating the analyst consensus estimate of 23 cents.

Quarterly sales of $739.762 million (+4.2% year over year) beat the Street view of $737.845 million. Total comparable sales decreased by 5%.

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