Designer Brands shares are trading lower after the company reported worse-than-expected Q2 financial results and lowered its FY24 outlook.
Portfolio Pulse from Benzinga Newsdesk
Designer Brands reported disappointing Q2 financial results and lowered its FY24 outlook, leading to a decline in its share price.
September 11, 2024 | 11:36 am
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Designer Brands' shares fell after the company announced Q2 results that missed expectations and revised its FY24 outlook downward.
The company's worse-than-expected Q2 results and lowered FY24 outlook are likely to negatively impact investor sentiment, leading to a decline in the stock price.
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