Why Designer Brands Stock Finished Higher Today

Shares of Designer Brands (NYSE: DBI) were moving higher even as the broader market pulled back today. A better-than-expected preliminary report from fellow footwear retailer Genesco (NYSE: GCO) seemed to lift shares of the DSW parent today.

Designer Brands stock closed up 11.2%, while Genesco finished the day up 11.8%.

Image source: Getty Images.

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Source Fool.com