Designer Brands Inc. announced financial results for Q2 2025, showing sequential sales improvement.
Net sales decreased by 4.2% and total comparable sales decreased by 5.0% compared to Q2 2024.
The Company reported positive diluted earnings per share of $0.22 and adjusted diluted EPS of $0.34.
Sequential Sales Improvement
Highlighted by a 280-basis point sequential improvement in comparable sales from the previous quarter.
Financial Performance
Net sales decreased by 4.2% with total comparable sales down by 5.0% compared to the same quarter last year.
Earnings and Profit
Reported net income attributable to Designer Brands Inc. was $10.8 million, with adjusted net income at $16.7 million.
- The Company's focused operational initiatives led to a strong start to the back-to-school season in the U.S. Retail segment.
- While facing macroeconomic volatility, Designer Brands remains committed to strategic brand strengthening and awareness initiatives.
- The uncertain consumer sentiment is being monitored closely, and the Company aims for disciplined execution to navigate the environment.
Designer Brands Inc.'s Q2 performance reflects a mix of challenges and strategic initiatives to drive growth amidst market uncertainties.