COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Designer Brands Inc. (DBI) on Thursday reported fiscal fourth-quarter profit of $45.1 million.
On a per-share basis, the Columbus, Ohio-based company said it had net income of 66 cents. Earnings, adjusted for one-time gains and costs, were 7 cents per share.
The footwear and accessories retailer posted revenue of $760.5 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $792.7 million.
For the year, the company reported profit of $162.7 million, or $2.26 per share. Revenue was reported as $3.32 billion.
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