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Why Designer Brands Stock Was Diving Today


Shares of Designer Brands (NYSE: DBI) were falling today after the parent of DSW and other footwear brands posted disappointing results in its second-quarter earnings report and cut its guidance for the year.

As a result, the stock was down 13.9% as of 1:10 p.m. ET on the news.

Image source: Getty Images.

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Source Fool.com

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