Designer Brands Inc. Reports Q2 2023 Net Income of $37.2 Million and Revenue of $792.2 Million
Designer Brands Inc. Records $792.2 Million in Revenue for Q2 2023, Implementing Cost-Cutting Measures
By USInMinutes
Published - Sep 07, 2023, 10:00 AM ET
Last Updated - Sep 07, 2023, 10:00 AM EDT
Designer Brands Inc. (DBI) has announced its financi al results for the second quarter of 2023, reporting a net income of $37.2 million. The company's net sales for the quarter amounted to $792.2 million, showcasing a strategic focus on improving profitability.
Designer Brands Inc. has published its unaudited condensed consolidated statements of operations, balance sheets, and non-GAAP reconciliation for the second quarter of 2023. The company's financial report reflects both its net income and revenue figures, which are pivotal indicators of its performance.
Q2 2023 Financial Performance
Net Income of $37.2 Million