Why Designer Brands Stock Popped Today
Shares of Designer Brands (NYSE: DBI) were moving higher today after the footwear retailer reported first-quarter earnings this morning. Though the company actually missed estimates, it posted increased penetration in its owned brands segment, in line with its long-term strategic goals.
The company also announced a tender offer to buy back $100 million in stock, which could give a significant boost to earnings per share, and said it had reestablished its relationship with , a key supplier.
As a result, the stock was up 19% as of 12:11 p.m. ET.
Source Fool.com
Nike Inc. B Aktie
75,39 €
-0,19 %
Klare Kaufstimmung für Nike Inc. B: Viel mehr Buy- als Sell-Einschätzungen.
Eine deutliche Steigerung um mehr als 20% ist für Nike Inc. B mit einem Kursziel von 110 € gegenüber 75.39 € zu erwarten.
