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Designer Brands cuts FY22 EPS view to $1.75-$1.80 from $2.05-$2.15
The Fly

Designer Brands cuts FY22 EPS view to $1.75-$1.80 from $2.05-$2.15

Consensus $2.06. Sees FY22 comparable sales up mid-single digits. The company said, "While we are seeing many of the same pressures across the consumer landscape that most retailers are seeing, our flexible business model continues to support our efforts to navigate a dynamic macro environment. We are focused on meeting our customers’ footwear needs while we balance inventory and expenses in order to continue growing market share in this volatile environment."

Published first on TheFly

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