10:20 AM EDT, 06/10/2025 (MT Newswires) -- Designer Brands ( DBI ) reported Tuesday that it swung to a fiscal Q1 adjusted net loss of $0.26 per diluted share from adjusted earnings of $0.08 a year earlier.

Three analysts polled by FactSet expected a loss of $0.06.

Net sales for the three months ended May 3 were $686.9 million, down from $746.6 million a year earlier. Three analysts surveyed by FactSet expected $732.8 million.

Designer Brands ( DBI ) withdrew its full year 2025 guidance, citing macroeconomic uncertainty stemming primarily from global trade policies.

Shares of the company were down more than 24% in recent activity.

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