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Designer Brands ( (DBI) ) has shared an update.
On October 3, 2025, Designer Brands Inc. announced the resignation of Jared A. Poff from his roles as Executive Vice President, Chief Financial Officer, and Chief Administrative Officer, effective October 31, 2025, to pursue a new professional opportunity. The Board has appointed Mark A. Haley as the interim Principal Financial Officer starting November 1, 2025, while continuing his role as Senior Vice President, Controller, and Principal Accounting Officer. The company is initiating an executive search for a permanent CFO. This transition is expected to be seamless, with Mr. Haley working closely with the company’s financial leadership. Mr. Haley will receive a retention bonus and restricted stock units as part of his new role.
The most recent analyst rating on (DBI) stock is a Hold with a $3.50 price target. To see the full list of analyst forecasts on Designer Brands stock, see the DBI Stock Forecast page.
Spark’s Take on DBI Stock
According to Spark, TipRanks’ AI Analyst, DBI is a Neutral.
Designer Brands faces significant financial challenges, with declining sales and high leverage posing risks. Technical indicators provide mixed signals, while valuation concerns are somewhat offset by a high dividend yield. Strategic improvements noted in the earnings call are positive but are overshadowed by broader economic uncertainties.
To see Spark’s full report on DBI stock, click here.
More about Designer Brands
Designer Brands is a leading global designer, producer, and retailer of well-known footwear brands and accessories. The company is committed to transforming the footwear industry with a diverse portfolio of brands such as Topo Athletic, Keds, and Vince Camuto, among others. Designer Brands operates through a robust direct-to-consumer omni-channel infrastructure and a significant national wholesale distribution network, holding leading market share positions across various product categories. The company is also dedicated to corporate responsibility, having donated over twelve million pairs of shoes to the global non-profit Soles4Souls since 2018.
Average Trading Volume: 1,072,662
Technical Sentiment Signal: Strong Sell
Current Market Cap: $172.9M
Find detailed analytics on DBI stock on TipRanks’ Stock Analysis page.