December 22, 2024

DSW parent’s profit dinged as cash-strapped consumers spend less on winter footwear

 DSW parent’s profit dinged as cash-strapped consumers spend less on winter footwear

DSW parent’s profit dinged as cash-strapped consumers spend less on winter footwear

Consumers continued to curb spending and warmer-than-usual weather crimped sales of winter offerings, leading to a fourth straight profit miss and third straight sales miss for Designer Brands Inc.