Designer Brands Inc (NYSE:DBI)
$ 9.67 0.4 (4.31%) Market Cap: 558.57 Mil Enterprise Value: 1.75 Bil PE Ratio: 25.58 PB Ratio: 1.54 GF Score: 77/100
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Designer Brands Inc Annual Shareholders Meeting Transcript

May 27, 2021 / 03:00PM GMT
Release Date Price: $18.61 (-4.22%)
Roger L. Rawlins
Designer Brands Inc. - CEO & Director

Good morning, and welcome to the 2021 Annual Shareholders Meeting of Designer Brands Inc. I am Roger Rawlins, Chief Executive Officer and Director of Designer Brands Inc. It is my pleasure on behalf of the Board of Directors and officers of Designer Brands to welcome you today.

As we move through the first half of 2021, our business is stabilizing thanks to our team's successful execution on our near-term priorities. We are energized by our first quarter performance and the green shoots that we are seeing in areas of the business that have been previously depressed during the COVID-19 pandemic. Our strong Marpril selling season was driven by continued consumer preference for athletic product, a pickup in demand for seasonal product and increased penetration in our top 50 brands. Our return to profitability last quarter demonstrates the strength of our strategy.

We are staying focused on what we can control to set the business up for success going forward. This includes leveraging the flexibility of our business model, pivoting

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