Designer Brands Reports Decline in Sales and Profit Outlook
Thursday, 21 March 2024, 11:36
Designer Brands Slumps After Sales Decline
Designer Brands faced a decline in sales and gross margin, leading to a challenging financial quarter. The company's profit guidance also fell short of expectations.
Optimistic Outlook for Growth
In light of the challenges, Designer Brands is focused on achieving growth and improving its financial performance. The company is implementing strategies aimed at boosting sales and profitability.
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