Designer Brands Stock Fair Value – Designer Brands Reveals 2023 Third Quarter Earnings Release Date
November 24, 2023
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Designer Brands ($NYSE:DBI) Inc., a leading fashion and luxury goods company, has announced the release date of their Third Quarter 2023 Earnings Release. The company is a major player in the fashion and luxury goods industry, offering a wide range of products from handbags, jewelry, and clothing to luxury cars and exotic vacations. Designer Brands Inc. has also been a leader in corporate governance, focusing on creating value for shareholders through sustainable growth and high standards of ethical behavior. The Third Quarter 2023 Earnings Release is expected to provide insight into the company’s financial performance over the past quarter. Investors are eager to get their hands on the data as it could indicate the success of the company’s strategies as well as its growth potential.
It is also anticipated that the report may reveal any changes or updates in the company’s business plan or strategy. Designer Brands Inc. is a stock that is widely followed by investors due to its robust portfolio of brands and products. It will give them an indication of how the company is performing and any potential risks or opportunities that may be arising from its financial performance. As a result, they can prepare themselves accordingly for any future investments decisions they may need to make.
Earnings
According to their latest earning report for FY2024 Q2 ending July 31 2021, DESIGNER BRANDS earned 817.34M USD in total revenue and 42.86M USD in net income. Compared to the same period last year, the company saw a 4.9% decrease in total revenue and a 7.2% decrease in net income. Additionally, DESIGNER BRANDS’s total revenue has decreased from 817.34M USD to 792.22M USD in the last 3 years. These figures show a downward trend for the company, but they will be revealing their full financial position on the upcoming earnings release date.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Designer Brands. More…
| Total Revenues | Net Income | Net Margin |
| 3.16k | 138.9 | 4.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Designer Brands. More…
| Operations | Investing | Financing |
| 324.93 | -200.51 | -130.23 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Designer Brands. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.15k | 1.68k | 6.99 |
Key Ratios Snapshot
Some of the financial key ratios for Designer Brands are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.9% | 13.5% | 4.7% |
| FCF Margin | ROE | ROA |
| 8.6% | 20.4% | 4.3% |
Market Price
On Tuesday, the company’s stock opened at $10.5 and closed at $10.7, representing a 1.1% increase from the previous closing price of $10.6. This marks the fourth consecutive quarter of profitable gains for Designer Brands, highlighting the company’s consistent growth and success. Investors are eager to learn more about the company’s latest financial performance when the earnings report is released. Live Quote…
Analysis – Designer Brands Stock Fair Value
At GoodWhale, we recently conducted an analysis of the wellbeing of DESIGNER BRANDS. Our proprietary Valuation Line allows us to determine the fair value of a company’s stock. The fair value of DESIGNER BRANDS share is around $12.6. However, we have noticed that the current stock price of DESIGNER BRANDS is only at $10.7. This means that the price is currently undervalued by 14.8%. Our analysis indicates that this could be a great buying opportunity for investors who are looking for a bargain on a quality stock. More…
Peers
Designer Brands Inc. is facing fierce competition in the fashion industry from AMAGASA Co Ltd, Roots Corp, and Boot Barn Holdings Inc. Each of these companies has their own unique approach to the fashion industry, and they are all vying for a share of the market. As a result, Designer Brands Inc. must remain agile and responsive to their competitors in order to maintain success in this highly competitive landscape.
– AMAGASA Co Ltd ($TSE:3070)
KAMAGASA Co Ltd is a Japanese based company that specializes in the production of automotive parts and components. The company has a market cap of 2.39 billion as of 2022, reflecting its strong and steady growth throughout the years. Its Return on Equity (ROE) also stands at -145.5%, indicating that the company is able to generate a significant amount of profits relative to its shareholders’ equity. This is indicative of the company’s ability to generate substantial returns for its investors and shareholders.
– Roots Corp ($TSX:ROOT)
Roots Corp is a Canadian apparel and lifestyle company focused on providing quality clothing and accessories that combine style, comfort and a connection to nature. Its market cap of 110.97M as of 2022 reflects its strong financial performance, with a Return on Equity of 8.66%, which is higher than the average for the apparel and lifestyle industry. The company’s focus on quality and sustainability has enabled it to capture a large consumer base and grow its market share. Additionally, Roots Corp has been able to leverage its brand recognition and create a loyal customer base that continues to support the company.
– Boot Barn Holdings Inc ($NYSE:BOOT)
Boot Barn Holdings Inc is a publicly traded American retailer of western and work-related footwear, apparel, and accessories. The company operates over 300 stores throughout the United States, and its products are also available online. As of 2022, the market cap of Boot Barn Holdings Inc is 1.84 billion dollars. This market cap reflects the company’s strong financial performance and expected future growth. Additionally, Boot Barn Holdings Inc has a Return on Equity (ROE) of 23.87%. This indicates that the company is generating a high rate of return on its equity investments and is an indicator of strong financial health.
Summary
Designer Brands Inc. (DESN) has announced that it will release its financial results for the third quarter of 2023 on date. Analysts are expecting to see continued growth from the company for the quarter, with revenue expected to increase from the previous quarter. Investors should also watch for any indications of future earnings growth, as the company is well-positioned to capitalize on the current retail trends. In particular, DESN’s focus on e-commerce and digital innovation could be a major benefit for shareholders.
Additionally, investors should pay attention to the company’s operating expenses, as well as any potential new strategic partnerships that could be announced in the near future. All in all, DESN looks to be a strong investment opportunity in the near term.
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