BRIEF-Designer Brands Inc. Reports Q3 Adjusted Earnings Per Share $0.67
Reuters
Published Dec 10, 2019 06:54
Updated Dec 10, 2019 13:49
BRIEF-Designer Brands Inc. Reports Q3 Adjusted Earnings Per Share $0.67
Dec 10 (Reuters) - Designer Brands Inc DBI.N :
* . REPORTS THIRD QUARTER 2019 FINANCIAL RESULTS
* Q3 ADJUSTED EARNINGS PER SHARE $0.67
* Q3 EARNINGS PER SHARE $0.60
* Q3 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA
* SEES FY 2019 ADJUSTED EARNINGS PER SHARE $1.50 TO $1.55
* Q3 REVENUE $137.5 MILLION
* Q3 REVENUE ESTIMATE $936.6 MILLION -- REFINITIV IBES DATA
* QTRLY COMPARABLE SALES INCREASED 0.3%
* UPDATES OUTLOOK FOR FISCAL 2019
* SEES REVENUE OUTLOOK OF LOW DOUBLE-DIGIT GROWTH IN 2019
* SEES FY COMPARABLE SALES GROWTH FLAT
* NEAR-RECORD WARM WEATHER AFFECTED EVERY SEGMENT OF CO'S BUSINESS DURING QUARTER
* "ALL WHILE REDUCING COSTS ACROSS ENTIRE ORGANIZATION AND MITIGATING TARIFFS"
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Written By: Reuters
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