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Designer Brands Inc. (NYSE:DBI), a specialty footwear retailer with a market capitalization of $214.5 million, announced Thursday that its Board of Directors approved a quarterly cash dividend of $0.05 per share for both Class A and Class B common shares. The dividend represents an annual yield of 4.62%, according to InvestingPro data. The dividend is scheduled to be paid on October 17, 2025, to shareholders of record as of the close of business on October 3, 2025.
Details regarding future quarterly dividends will be announced when declared by the Board. The information is based on a statement released in a recent SEC filing.
In other recent news, Designer Brands Inc. reported its Q2 2025 earnings, significantly surpassing analysts’ expectations. The company achieved an earnings per share of $0.34, compared to the forecasted $0.14, marking a notable surprise of 142.86%. Revenue also exceeded projections, reaching $739.8 million against the anticipated $730.59 million. Additionally, Designer Brands announced a new partnership with Uber Technologies, allowing nearly 500 DSW stores to offer footwear and accessories through the Uber Eats platform across the contiguous United States. This collaboration enables customers to order shoes and accessories for on-demand or scheduled delivery via the Uber Eats app. Meanwhile, UBS reiterated its Neutral rating on Designer Brands, with a price target of $4.00, citing limited long-term growth potential. UBS pointed to the maturity of the DSW banner and the company’s focus on seasonal footwear as factors constraining growth. These developments reflect the latest strategic moves and financial performance of Designer Brands.
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