← Designer Brands Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $2.7b | $2.8b | $3.2b | $3.5b | $2.2b | $3.2b | $3.3b | $3.1b | $3.0b | $2.9b | |
| Cost of Revenue | $1.9b | ($2.0b) | ($2.2b) | ($2.5b) | ($1.9b) | ($2.1b) | ($2.2b) | ($2.1b) | ($1.7b) | ($1.6b) | |
| Cost of sales | ($1.9b) | ($2.0b) | ($2.2b) | ($2.5b) | ($1.9b) | ($2.1b) | ($2.2b) | ($2.1b) | ($1.7b) | ($1.6b) | |
| Gross Profit (derived) | $771.8m | $799.1m | $938.7m | $999.7m | $311.2m | $1.1b | $1.1b | $1.3b | $1.3b | $1.3b | |
| Operating expenses | ($591.8m) | ($607.7m) | ($826.0m) | ($874.7m) | ($753.3m) | ($870.7m) | ($896.4m) | ($907.0m) | ($1.2b) | ($1.2b) | |
| Non-operating expenses, net | $338k | ($1.9m) | ($49.6m) | ($170k) | $1.4m | ($67k) | ($130k) | ($33k) | ($372k) | ($192k) | |
| Operating Income (Loss) | $200.2m | $125.1m | $59.0m | $127.3m | ($586.3m) | $205.2m | $187.4m | $72.4m | $34.9m | $47.8m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $3.7m | — | — | — | — | — | $400k | $1.9m | — | $1.9m | |
| Capitalized Computer Software, Amortization | — | — | — | — | — | — | $900k | $2.4m | $5.2m | $7.3m | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($1.3m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | $0 | $9.0m | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $53.8m | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | $131.1m | — | $111.0m | ($559.1m) | $161.4m | $131.1m | $19.5m | ($23.5m) | ($7.8m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $1 | ($0) | $1 | ($7) | $2 | $2 | $0 | ($0) | ($0) | |
| Income (Loss) from Equity Method Investments | $741k | — | — | $10.1m | $9.3m | $9.0m | $8.9m | $9.4m | $13.1m | $11.0m | |
| Investment Income, Interest | $2.4m | $3.3m | — | $1.6m | $338k | $69k | $225k | $822k | — | — | |
| Operating Lease, Lease Income | — | — | — | $9.6m | $12.2m | — | — | — | — | — | |
| Other Operating Income | $18.8m | — | — | — | — | — | — | — | — | — | |
| Income from equity investments | $741k | — | — | $10.1m | $9.3m | $9.0m | $8.9m | $9.4m | $13.1m | $11.0m | |
| Impairment charges | $0 | ($89.4m) | ($60.8m) | ($7.8m) | ($153.6m) | ($1.7m) | ($4.3m) | ($4.8m) | ($18.3m) | ($4.4m) | |
| Operating profit | $200.2m | $125.0m | $59.0m | $127.3m | ($586.3m) | $205.2m | $187.4m | $72.4m | $34.9m | $47.8m | |
| Income (loss) before income taxes and loss from equity investment | — | — | — | $119.8m | ($608.6m) | $173.0m | $159.5m | $40.2m | ($10.7m) | $2.2m | |
| Income tax benefit (provision) | ($78.9m) | ($59.6m) | ($29.8m) | ($25.3m) | $119.9m | ($18.5m) | $3.1m | ($11.0m) | $755k | ($7.0m) | |
| Loss from equity investment | — | — | — | — | — | — | — | $0 | $0 | ($847k) | |
| Basic shares | $81.5m | $80.2m | $80.0m | $73.6m | $72.2m | $73.0m | $67.6m | $61.3m | $53.7m | $49.1m | |
| Diluted shares | $82.1m | $80.7m | $80.0m | $74.6m | $72.2m | $77.3m | $72.1m | $63.4m | $53.7m | $49.1m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | $119.8m | ($608.6m) | $173.0m | $159.5m | $40.2m | ($10.7m) | $2.2m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $0 | $0 | $10k | $154k | $574k | $2.8m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | $0 | $0 | $10k | $154k | $574k | $2.8m | |
| Net Income (Loss) Attributable to Parent | $124.5m | $67.3m | ($20.5m) | $94.5m | ($488.7m) | $154.5m | $162.7m | $29.1m | ($10.5m) | ($8.4m) | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | $0 | $0 | ($10k) | $154k | $574k | $2.8m | |
| Net income attributable to redeemable noncontrolling interest | — | — | — | — | $0 | $0 | $10k | ($154k) | ($574k) | ($2.8m) | |
| Earnings Per Share, Basic | $1.53 | $0.84 | ($0.26) | $1.28 | ($6.77) | $2.12 | $2.41 | $0.47 | ($0.20) | ($0.17) | |
| Earnings Per Share, Diluted | $1.52 | $0.84 | ($0.26) | $1.27 | ($6.77) | $2.00 | $2.26 | $0.46 | ($0.20) | ($0.17) | |
| Weighted Average Number of Shares Outstanding, Basic | 81.5m | 80.2m | $80.0m | 73.6m | 72.2m | 73.0m | 67.6m | 61.3m | 53.7m | 49.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 82.1m | 80.7m | $80.0m | 74.6m | 72.2m | 77.3m | 72.1m | 63.4m | 53.7m | 49.1m | |
| Other income (expense): | |||||||||||
| Selling, General and Administrative Expense | $591.8m | $622.5m | — | $874.7m | $753.3m | $870.7m | $896.4m | $1.3b | $1.2b | $1.2b | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | ($32.2m) | ($45.3m) | ($45.3m) | |
| Interest Expense | $238k | $488k | — | $8.9m | $24.0m | $32.2m | $15.1m | — | — | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | $33.0m | — | — | |
| Interest expense, net | $2.1m | $2.8m | — | ($7.4m) | ($23.7m) | ($32.1m) | ($14.9m) | ($32.2m) | ($45.3m) | ($45.3m) | |
| Current Income Tax Expense (Benefit) | $71.6m | $72.3m | $29.8m | $28.0m | ($154.3m) | $19.5m | $48.6m | $1.9m | $3.6m | ($1.1m) | |
| Nonoperating Income (Expense) | $338k | ($1.9m) | ($49.6m) | ($170k) | $1.4m | ($67k) | ($130k) | ($33k) | ($372k) | ($192k) | |
| Interest Income (Expense), Net | $2.1m | $2.8m | — | ($7.4m) | ($23.7m) | ($32.1m) | ($14.9m) | ($32.2m) | ($45.3m) | ($45.3m) | |
| Income Tax Expense (Benefit) | $78.9m | $59.6m | $29.8m | $25.3m | ($119.9m) | $18.5m | ($3.1m) | $11.0m | ($755k) | $7.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.