Designer Brands Q1 2026 net sales rise 1.4% to $696.4 million; GAAP profit returns
Designer Brands reported first quarter 2026 results for the quarter ended May 2, 2026, with net sales up 1.4% to $696.4 million and net income attributable to the company of $1.2 million, or $0.02 diluted EPS, compared with a loss of $17.8 million, or $0.37 per share, a year earlier. The company reaffirmed full-year 2026 diluted EPS guidance of $0.28 to $0.38 and said it expects EPS toward the high end of that range, while comparable sales fell 1.1%.
Key points
- Net sales rose 1.4% to $696.4 million, but total comparable sales decreased 1.1%.
- Gross margin expanded to 45.3% from 42.9%, and adjusted diluted EPS was $0.07 versus a loss of $0.27 a year earlier.
- Full-year 2026 guidance was reaffirmed: net sales change of down 1% to up 1%, and diluted EPS of $0.28 to $0.38.
- Cash and equivalents were $50.1 million and total debt was $475.3 million at the end of the quarter, down from $522.9 million a year earlier.
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.