Designer Brands sees FY23 EPS $1.65-$1.75, consensus $1.77

Sees FY23 revenue down mid single digits, consensus $3.35B. Doug Howe, president of DSW and incoming CEO, added, "Looking ahead, we are confident in the strength of our business as we work to integrate new and recognizable names into the Designer Brands family, including Keds, Le Tigre, Topo Athletic, and Hush Puppies. Although we are navigating through a volatile environment, we are well-positioned to offer great value and a diverse assortment of product to our customers as we head into 2023. We will continue to be prudent in managing our expenses and inventory and drive growth in our portfolio of increasingly diversified Owned Brands."