Designer Brands Inc., together with its subsidiaries, engages in the design, production, and retailing of footwear and accessories in the United States, Canada, and internationally. It operates through two segments: Retail and Brand Portfolio. The company offers dress, casual, and athletic footwear and accessories, as well as handbags for women, men, and kids. It sells its products under the Vince Camuto, Keds, Topo, as well as Jessica Simpson, Lucky Brand, Le Tigre, and Hush Puppies brands. The company offers its products through its direct-to-consumer stores and e-commerce sites; and a portfolio of banners, including DSW Designer Shoe Warehouse, The Shoe Co, and Rubino; and mobiles applications. The company was founded in 1991 and is based in Columbus, Ohio.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2026
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2026 | $2.9B | $107M | $-8M | $78M | -3.0% | -3.9% | -20.6% |
| 2025 | $3.0B | $98M | $-11M | $31M | -3.8% | -2.1% | -136.3% |
| 2024 | $3.1B | $139M | $29M | $107M | 8.1% | -7.3% | -82.1% |
| 2023 | $3.3B | $256M | $163M | $146M | 37.6% | - | - |
| 2022 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Total Revenue | - | 3,315.43 | 3,074.98 | 3,009.26 | 2,892.67 |
| Operating Revenue | - | 3,315.43 | 3,074.98 | 3,009.26 | 2,892.67 |
| Cost Of Revenue | - | 1,860.73 | 1,750.98 | 1,723.30 | 1,632.28 |
| Gross Profit | - | 1,454.70 | 1,324 | 1,285.96 | 1,260.39 |
| Operating Expense | - | 1,271.85 | 1,256.15 | 1,245.83 | 1,219.23 |
| Total Expenses | - | 3,132.58 | 3,007.13 | 2,969.14 | 2,851.51 |
| Operating Income | - | 182.84 | 67.84 | 40.12 | 41.16 |
| Total Operating Income As Reported | - | 187.39 | 72.40 | 34.93 | 47.76 |
| EBITDA | - | 255.94 | 138.51 | 98.38 | 106.65 |
| Normalized EBITDA | - | 273.12 | 143.34 | 116.72 | 111.07 |
| EBIT | - | 174.62 | 72.37 | 34.56 | 47.57 |
| Interest Income | - | 0.22 | 0.82 | 1.15 | - |
| Interest Expense | - | 15.10 | 32.17 | 45.29 | 45.34 |
| Net Interest Income | - | -14.87 | -32.17 | -45.29 | -45.34 |
| Other Non Operating Income Expenses | - | -0.13 | -0.03 | -0.37 | -0.19 |
| Other Income Expense | - | -8.44 | 4.52 | -5.56 | 6.42 |
| Interest Income Non Operating | - | 0.22 | 0.82 | 1.15 | - |
| Interest Expense Non Operating | - | 15.10 | 32.17 | 45.29 | 45.34 |
| Net Non Operating Interest Income Expense | - | -14.87 | -32.17 | -45.29 | -45.34 |
| Pretax Income | - | 159.52 | 40.20 | -10.73 | 2.23 |
| Tax Provision | - | -3.14 | 10.98 | -0.76 | 6.96 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.61 | -1.32 | -1.28 | -1.77 |
| Net Income Continuous Operations | - | 162.67 | 29.22 | -9.98 | -5.57 |
| Net Income From Continuing And Discontinued Operation | - | 162.68 | 29.06 | -10.55 | -8.37 |
| Net Income From Continuing Operation Net Minority Interest | - | 162.68 | 29.06 | -10.55 | -8.37 |
| Net Income | - | 162.68 | 29.06 | -10.55 | -8.37 |
| Net Income Common Stockholders | - | 162.68 | 29.06 | -10.55 | -8.37 |
| Net Income Including Noncontrolling Interests | - | 162.67 | 29.22 | -9.98 | -5.57 |
| Normalized Income | - | 176.25 | 32.58 | 6.50 | -5.72 |
| Diluted NI Availto Com Stockholders | - | 162.68 | 29.06 | -10.55 | -8.37 |
| Basic Average Shares | - | 63.65 | 57.22 | 47.94 | 49.14 |
| Diluted Average Shares | - | 72.10 | 63.38 | 53.66 | 49.14 |
| Reconciled Depreciation | - | 81.32 | 66.14 | 63.82 | 59.08 |
| Reconciled Cost Of Revenue | - | 1,860.73 | 1,750.98 | 1,723.30 | 1,632.28 |
| Total Unusual Items | - | -17.18 | -4.83 | -18.34 | -4.42 |
| Total Unusual Items Excluding Goodwill | - | -17.18 | -4.83 | -18.34 | -4.42 |
| Minority Interests | - | 0.01 | -0.15 | -0.57 | -2.80 |
| Earnings From Equity Interest Net Of Tax | - | - | 0 | 0 | -0.85 |
| Special Income Charges | - | -17.18 | -4.83 | -18.34 | -4.42 |
| Other Special Charges | - | 12.86 | - | - | - |
| Write Off | - | 4.32 | 4.83 | 18.34 | 4.42 |
| Other Operating Expenses | - | 1,271.85 | 1,256.15 | 1,245.83 | 1,219.23 |
| Earnings From Equity Interest | - | 8.86 | 9.39 | 13.14 | 11.03 |
Consumer Cyclical sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Designer Brands Inc.this co. | DBI | $462M | - | 1.64 | -3.0% | 15.18 |
| Johnson Outdoors Inc. | JOUT | $480M | - | 1.15 | -8.2% | 30.47 |
| Caleres, Inc. | CAL | $479M | -71.65 | 0.80 | -1.1% | 18.93 |
| Shoe Carnival, Inc. | SCVL | $472M | 9.04 | 0.69 | 7.6% | 6.91 |
| Monro, Inc. | MNRO | $462M | 212.65 | 0.78 |
| - |
| - |
| - |
| - |
| - |
| 0.4% |
| 11.42 |
| Microvast Holdings, Inc. | MVST | $456M | -15.62 | 1.11 | -7.1% | 210.81 |
| Build-A-Bear Workshop, Inc. | BBW | $449M | 8.61 | 2.90 | 33.7% | 6.76 |
| Camping World Holdings, Inc. | CWH | $445M | - | 1.95 | -39.3% | 10.41 |
| Genesco Inc. | GCO | $443M | 33.40 | 0.78 | 2.3% | 12.15 |
| Peer Median | - | 8.82 | 0.95 | -0.4% | 11.79 | |