Designer Brands Reaffirms FY24 Adj. EPS Guidance $0.70-$0.80
Portfolio Pulse from Benzinga Newsdesk
Designer Brands has reaffirmed its FY24 adjusted EPS guidance in the range of $0.70 to $0.80.
June 04, 2024 | 10:47 am
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Designer Brands has reaffirmed its FY24 adjusted EPS guidance in the range of $0.70 to $0.80, indicating confidence in its financial performance.
Reaffirming earnings guidance suggests that the company is confident in meeting its financial targets, which is generally a positive signal for investors. This could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100