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Designer Brands beats earnings expectations but reports lower revenue and sales in Q4 2024.
Designer Brands, known for chains like DSW, reported Q4 2024 earnings with adjusted EPS of $0.44, beating expectations, but revenue fell 5.4% to $713.6 million, missing forecasts.
Gross margin improved to 39.6%, and comparable sales increased 0.5%, though U.S. Retail sales dropped 6.9%.
Despite challenges, the company aims for EPS of $0.30 to $0.50 by 2025 and projects $3.11 billion in revenue for 2025, a 2.1% increase.
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Designer Brands supera las expectativas de ganancias, pero reporta menores ingresos y ventas en Q4 2024.