Designer Brands Inc. Class A (DBI)

In April 2025, DSW partnered with Uber Eats for on-demand delivery, but experienced a soft start to the year. On June 10, 2025, the company withdrew its full-year 2025 guidance after its Q1 2025 earnings report, leading to an 18.2% stock price drop. In September 2025, Q2 results showed a decrease in net and comparable sales, but a sequential improvement from Q1 and positive adjusted diluted EPS. The company repurchased $18 million in shares. Due to macroeconomic uncertainty, full-year guidance was not reinstated. As of October 27, 2025, the Rosen Law Firm announced an investigation into potential securities claims, alleging misleading business information. The stock price decreased by 38.55% from October 22, 2024, to October 21, 2025.

Demand for Designer Brands, Inc. products exhibits seasonality, with increasing pressure on seasonal volume in the spring and anticipated strength in the fall. The product mix has shifted from primarily "Dress and Seasonal" footwear to a larger share of "Athletic and Casual" categories, influencing the overall seasonality of demand.

Designer Brands, Inc. (DBI) is a North American designer, producer, and retailer of footwear and accessories, operating through U.S. Retail, Canada Retail, and Brand Portfolio segments. The company sells dress, casual, and athletic footwear, as well as handbags, under owned and licensed brands like Vince Camuto and Jessica Simpson. It retails these products through direct-to-consumer stores and e-commerce sites, including DSW Designer Shoe Warehouse.

Designer Brands, Inc. primarily operates in North America, with 499 stores in the United States and 177 stores in Canada as of August 3, 2024. Its retail concepts include DSW Designer Shoe Warehouse in the U.S. and Canada, and The Shoe Company and Shoe Warehouse in Canada. The company also has a strong online presence through its websites and mobile applications.

Designer Brands Inc. has a reputation for customer service, with a 4 out of 5 customer satisfaction rating on Trustpilot, and emphasizes sustainability and community partnerships. However, a securities class action investigation alleging potentially misleading business information could negatively impact its brand reputation.

Designer Brands, Inc. has a mixed ownership structure including institutional, retail, and individual investors. Institutional investors hold a substantial portion of the stock. Major institutional owners include Stone House Capital Management, LLC, BlackRock, Inc., and Vanguard Group Inc. Jay L. Schottenstein is the largest individual shareholder, owning 66.59% of the company, and the Schottenstein Affiliates control 67% of the voting power.