COLUMBUS, Ohio (AP) — COLUMBUS, Ohio (AP) — Designer Brands Inc. (DBI) on Thursday reported a loss of $38.2 million in its fiscal fourth quarter.
The Columbus, Ohio-based company said it had a loss of 80 cents per share. Losses, adjusted for one-time gains and costs, came to 44 cents per share.
The footwear and accessories retailer posted revenue of $713.6 million in the period.
For the year, the company reported a loss of $10.5 million, or 20 cents per share. Revenue was reported as $3.01 billion.
Designer Brands expects full-year earnings to be 30 cents to 50 cents per share.
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