Tearsheet
DBI Home Investment Highlights Valuation, Metrics & Events Price Chart Why The Stock Moved Return vs. Risk About DBI Interactive Breakdown Better Bets vs. DBI Latest Trefis Analyses Trade Ideas More From Trefis Peer Comparisons FDIC Bank Data FDA Approved Drugs Data Financials Segment Financials Price Behavior Short Interest Earnings Returns History SEC Filings Insider Activity Industry Resource Links External Quote Links

Designer Brands (DBI)

Market Price (12/28/2025): $7.775 | Market Cap: $385.3 Mil
Sector: Consumer Discretionary | Industry: Footwear

Designer Brands (DBI)

Market Price (12/28/2025): $7.775
Market Cap: $385.3 Mil
Sector: Consumer Discretionary
Industry: Footwear

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Dividend Yield is 2.5%, FCF Yield is 26%		 Weak multi-year price returns
2Y Excs Rtn is -51%, 3Y Excs Rtn is -91%		 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 316%
1 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail. Themes include Online Marketplaces, and Direct-to-Consumer Brands. 		Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15%		 Stock price has recently run up significantly
6M Rtn6 month market price return is 224%
2   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.0%, Rev Chg QQuarterly Revenue Change % is -3.2%
3   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 233%
4   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.5%
5   Key risks
DBI key risks include [1] significant financial distress and high leverage creating a potential for bankruptcy, Show more.
0 Attractive yield
Dividend Yield is 2.5%, FCF Yield is 26%
1 Megatrend and thematic drivers
Megatrends include E-commerce & Digital Retail. Themes include Online Marketplaces, and Direct-to-Consumer Brands.
2 Weak multi-year price returns
2Y Excs Rtn is -51%, 3Y Excs Rtn is -91%
3 Meaningful short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 15%
4 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 316%
5 Stock price has recently run up significantly
6M Rtn6 month market price return is 224%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -5.2%, Rev Chg 3Y AvgRevenue Change % averaged over trailing 3 years is -5.0%, Rev Chg QQuarterly Revenue Change % is -3.2%
7 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 233%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -8.5%
9 Key risks
DBI key risks include [1] significant financial distress and high leverage creating a potential for bankruptcy, Show more.

Valuation, Metrics & Events

DBI Stock

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Designer Brands (DBI) stock experienced a significant appreciation from approximately August 31, 2025, to today, driven by several key operational improvements and financial results. The company's performance, particularly in the latter part of this period, contributed to a notable shift in investor sentiment.

<br><br>

<b>1. Strong Third Quarter 2025 Earnings Beat.</b> Designer Brands reported robust third-quarter 2025 financial results, with diluted earnings per share (EPS) of $0.35 and adjusted diluted EPS of $0.38, both representing an increase of over 40% year-over-year. This strong performance signaled a significant improvement in the company's profitability.

<br><br>

<b>2. Significant Gross Margin Expansion and Increased Operating Income.</b> The company achieved a 210-basis point improvement in its consolidated gross margin to 45.1% in Q3 2025. Alongside this, adjusted operating income also saw an increase, demonstrating enhanced operational efficiency and effective cost management.

<br><br>

<b>3. Sequential Improvement in Sales Trends and Store Performance.</b> Designer Brands reported sequential improvements in comparable sales in Q3 2025, attributed to healthier store traffic and higher in-store conversion rates. This indicated a positive shift in consumer demand and more effective in-store execution.

<br><br>

<b>4. Enhanced Inventory Management and Digital Fulfillment.</b> Improved in-stock levels, resulting from a 15% increase in digital demand fulfillment through its logistics center, and generally enhanced inventory management contributed to an expansion in the operating margin. These operational strategies played a role in strengthening the company's financial position.

<br><br>

<b>5. Strategic Partnership for On-Demand Delivery.</b> In September 2025, Designer Brands' DSW retail segment partnered with Uber Eats to offer nationwide on-demand delivery. This strategic move likely bolstered investor confidence by expanding accessibility and modernizing the company's delivery capabilities.

Show more

Stock Movement Drivers

Fundamental Drivers

The 111.5% change in DBI stock from 9/27/2025 to 12/27/2025 was primarily driven by a 115.3% change in the company's P/S Multiple.
927202512272025Change
Stock Price ($)3.687.78111.55%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2917.442892.65-0.85%
P/S Multiple0.060.13115.30%
Shares Outstanding (Mil)49.1149.56-0.91%
Cumulative Contribution111.53%

LTM = Last Twelve Months as of date shown

Market Drivers

9/27/2025 to 12/27/2025
ReturnCorrelation
DBI111.5% 
Market (SPY)4.3%24.2%
Sector (XLY)1.8%34.5%

Fundamental Drivers

The 224.2% change in DBI stock from 6/28/2025 to 12/27/2025 was primarily driven by a 239.6% change in the company's P/S Multiple.
628202512272025Change
Stock Price ($)2.407.78224.19%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)2949.572892.65-1.93%
P/S Multiple0.040.13239.57%
Shares Outstanding (Mil)48.2449.56-2.72%
Cumulative Contribution223.95%

LTM = Last Twelve Months as of date shown

Market Drivers

6/28/2025 to 12/27/2025
ReturnCorrelation
DBI224.2% 
Market (SPY)12.6%27.1%
Sector (XLY)11.9%35.7%

Fundamental Drivers

The 51.7% change in DBI stock from 12/27/2024 to 12/27/2025 was primarily driven by a 52.2% change in the company's P/S Multiple.
1227202412272025Change
Stock Price ($)5.137.7851.67%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)3050.042892.65-5.16%
P/S Multiple0.090.1352.16%
Shares Outstanding (Mil)52.0849.564.85%
Cumulative Contribution51.31%

LTM = Last Twelve Months as of date shown

Market Drivers

12/27/2024 to 12/27/2025
ReturnCorrelation
DBI51.7% 
Market (SPY)17.0%38.8%
Sector (XLY)7.0%45.1%

Fundamental Drivers

The -7.6% change in DBI stock from 12/28/2022 to 12/27/2025 was primarily driven by a -16.8% change in the company's P/S Multiple.
1228202212272025Change
Stock Price ($)8.427.78-7.58%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)3377.512892.65-14.36%
P/S Multiple0.160.13-16.76%
Shares Outstanding (Mil)64.2549.5622.86%
Cumulative Contribution-12.41%

LTM = Last Twelve Months as of date shown

Market Drivers

12/28/2023 to 12/27/2025
ReturnCorrelation
DBI-9.1% 
Market (SPY)48.0%34.9%
Sector (XLY)37.7%38.6%

Return vs. Risk

Price Returns Compared

 202020212022202320242025Total [1]
Returns
DBI Return-51%86%-30%-8%-38%50%-45%
Peers Return16%38%-12%21%26%16%150%
S&P 500 Return16%27%-19%24%23%18%114%

Monthly Win Rates [3]
DBI Win Rate33%50%50%42%50%50% 
Peers Win Rate52%65%42%68%57%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
DBI Max Drawdown-80%-6%-34%-36%-46%-57% 
Peers Max Drawdown-34%-5%-26%-7%-9%-23% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL. See DBI Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique KeyEventDBIS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-68.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven220.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-80.9%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven424.0%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven377 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-58.4%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven140.6%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-84.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven561.3%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven771 days1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

In The Past

Designer Brands's stock fell -68.8% during the 2022 Inflation Shock from a high on 5/17/2021. A -68.8% loss requires a 220.4% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Designer Brands (DBI)

Designer Brands Inc., together with its subsidiaries, designs, manufactures, and retails footwear and accessories for women, men, and kids primarily in North America. The company operates through three segments: U.S. Retail, Canada Retail, and Brand Portfolio. It provides dress, casual, and athletic footwear; and handbags. The company offers its products under the Vince Camuto, Louise et Cie, Jessica Simpson, Lucky, JLO Jenifer Lopez, and other brands. It also operates vincecamuto.com e-commerce site, as well as www.dsw.com, www.dsw.ca, and www.theshoecompany.ca websites; and a portfolio of banners, including DSW Designer Shoe Warehouse, The Shoe Company, and Shoe Warehouse. As of January 29, 2022, it operated 648 stores. Designer Brands Inc. was founded in 1991 and is based in Columbus, Ohio.

AI Analysis | Feedback

Here are 1-2 brief analogies to describe Designer Brands (DBI):

  • Nordstrom Rack for footwear

  • TJ Maxx for shoes

AI Analysis | Feedback

```html
  • Footwear Retail: Sale of a wide assortment of branded and private label shoes for men, women, and children through their retail stores and e-commerce platforms.
  • Accessories Retail: Sale of complementary fashion accessories, including handbags, hosiery, and shoe care products, to consumers.
  • Owned Brand Wholesale: Design, sourcing, and distribution of their portfolio of proprietary footwear and accessories brands to third-party retailers.
```

AI Analysis | Feedback

Designer Brands (DBI)

Designer Brands Inc. (DBI) primarily sells to **individual customers** through its extensive retail network, which includes DSW Designer Shoe Warehouse in the U.S. and The Shoe Company and Shoe Warehouse in Canada. While the company also has a significant wholesale business for its owned and licensed brands (e.g., Vince Camuto, Jessica Simpson, Keds, Hush Puppies), the majority of its revenue is generated through its direct-to-consumer retail channels.

Here are up to three categories of individual customers Designer Brands primarily serves through its retail operations:

  • The Value-Seeking & Brand-Conscious Shopper: These customers are highly motivated by finding popular and designer brands at competitive prices. They actively utilize loyalty programs (like DSW VIP), promotions, and sales events to maximize value. They appreciate the vast selection of brands that allows them to compare options before purchasing.
  • The Convenience-Oriented Family Shopper: This segment includes individuals and families looking for a convenient one-stop shop for footwear across multiple categories (men's, women's, children's) and occasions (casual, athletic, dress, seasonal). They value the accessibility of large-format retail stores combined with robust online shopping options for ease and variety.
  • The Fashion-Aware & Trend-Following Individual: While value remains important, these customers are also attuned to current footwear trends and seek out stylish options from well-known brands. They appreciate the diverse inventory that allows them to find both classic staples and new arrivals to complement their personal style.

AI Analysis | Feedback

null

AI Analysis | Feedback

Douglas M. Howe Chief Executive Officer

Doug Howe has served as Chief Executive Officer of Designer Brands since April 2023. He joined the company in May 2022 as President of DSW Designer Shoe Warehouse and Executive Vice President of Designer Brands. Mr. Howe has over 30 years of retail experience, holding previous leadership positions across merchandising, design, product development, and planning. Prior to Designer Brands, he was Chief Merchandising Officer at Kohl's from 2018 to 2022. His career also includes roles at Qurate Retail Group (Global Chief Merchandising Officer for QVC and HSN), Old Navy, Walmart (Senior VP of Product Development, Strategy, Design & Development), and May Department Stores.

Mark A. Haley Interim Principal Financial Officer

Mark Haley was appointed Interim Principal Financial Officer effective November 1, 2025. He joined Designer Brands in 2017. Mr. Haley previously served as the Senior Vice President, Controller and Principal Accounting Officer (since January 2019) and Vice President and Controller (2017-2019) for the company. Before joining Designer Brands, his experience included serving as Chief Accounting Officer at Conn's, Inc. (2014-2017), Vice President, Corporate Controller and Chief Accounting Officer at Coldwater Creek Inc. (2010-2014), and a senior director of financial reporting at SUPERVALU INC. He is a CPA.

Jay L. Schottenstein Executive Chairman

Jay Schottenstein has served as the Executive Chairman of Designer Brands (formerly DSW) since 2005. He also holds positions as Chairman and CEO of American Eagle Outfitters Inc. and SB360 Capital Partners, and Chairman of American Signature Inc. and Schottenstein Stores Corp. Mr. Schottenstein was previously the Chief Executive Officer of Designer Brands from 2005 to 2009 and has held various executive roles at Schottenstein RVI LLC and Retail Ventures Inc. He has been a Director of Albertsons Companies since 2006. His family holds a majority voting ownership in Designer Brands.

Deborah L. Ferree Vice Chairman & Chief Product Officer

Deborah L. Ferree has been the Vice Chairman and Chief Product Officer of Designer Brands since February 2023. Prior to this role, she served as President of Camuto for the company from 2021 to 2023. Ms. Ferree has held numerous leadership positions within Designer Brands, including Senior Vice President of Merchandising, Executive Vice President, Vice President of Merchandising, and President and Chief Merchandising Officer. Her earlier career included leadership roles at Harris Department Store and the May Company.

Andrea O'Donnell Executive Vice President & President of Brands

Andrea O'Donnell serves as Executive Vice President, Designer Brands and President of Brands (also referred to as President of Camuto LLC). She is a key member of the executive team.

AI Analysis | Feedback

Here are the key risks to Designer Brands (DBI):
  1. Financial Distress and High Leverage: Designer Brands faces significant financial challenges, including operating losses, an inability to cover interest expenses with operating income, and a high debt-to-equity ratio. The company's Altman Z-Score indicates it is in the distress zone, implying a potential risk of bankruptcy in the medium term. This high leverage and financial instability raise concerns about the company's long-term viability and ability to fund working capital.
  2. Weak Sales Trends and Declining Consumer Demand: DBI has consistently reported worsening top-line trends, with declining comparable store sales across all business units. This performance reflects worsening trends in U.S. consumer sentiment, with a notable decline in traffic and challenges in bringing new shoppers into its brick-and-mortar locations. This ongoing struggle to generate revenue impacts the company's overall profitability.
  3. Margin Pressure and Competitive Landscape: The company experiences compressed margins due to factors such as markdowns and a highly competitive promotional environment within the retail sector. Additionally, tariffs represent a significant potential cost increase, with initial estimates suggesting up to $100 million in gross profit exposure, further exacerbating margin pressure.

AI Analysis | Feedback

The clear emerging threat for Designer Brands (DBI) is the accelerating shift of major footwear brands towards a direct-to-consumer (DTC) sales model. Brands like Nike, Adidas, Crocs, and others are increasingly prioritizing their own e-commerce platforms and retail stores, reducing reliance on wholesale partners like DBI. This trend threatens DBI's core business by potentially limiting access to desirable inventory, increasing wholesale costs, and diverting customer traffic directly to brand channels, thereby disintermediating the multi-brand retailer.

AI Analysis | Feedback

Designer Brands Inc. (DBI) operates primarily in the footwear and accessories markets in North America, specifically the U.S. and Canada.

Addressable Market Sizes:

Footwear Market

  • U.S. Footwear Market: The U.S. footwear market reached approximately USD 97.72 billion in 2024 and is estimated to grow to around USD 141.89 billion by 2034. Other estimates show the U.S. footwear market at USD 94.7 billion in 2024, projected to reach USD 119.0 billion by 2033.
  • Canada Footwear Market: The Canada footwear market was estimated at USD 5.12 billion in 2024 and is anticipated to reach USD 11.46 billion by 2035. Another source indicates the Canadian footwear market generated USD 8,245.4 million in 2023 and is expected to reach USD 10,906.8 million by 2030.

Accessories Market

  • U.S. Fashion Accessories Market: The United States fashion accessories market was valued at USD 254.48 billion in 2024 and is projected to reach USD 505.69 billion by 2033.
  • Canada Fashion Accessories Market: The Canada fashion accessories market size was valued at USD 64.6 billion in 2024 and is projected to reach USD 130.98 billion by 2033.

AI Analysis | Feedback

Designer Brands (symbol: DBI) is anticipating several key drivers for its future revenue growth over the next two to three years:

  1. Expansion of Owned Brands and Private Labels: Designer Brands is strategically focused on significantly growing its portfolio of owned brands, aiming to double their sales to approximately one-third of total revenue by fiscal year 2026 (ending January 2027). This includes brands such as Vince Camuto, Keds, Topo Athletic, Le Tigre, Jessica Simpson, Lucky Brand, and Hush Puppies. This initiative is expected to be a primary driver of growth and is also anticipated to be highly margin-accretive.
  2. Growth in Direct-to-Consumer (DTC) Channels: A substantial portion of the planned growth from owned brands is projected to occur through Designer Brands' direct-to-consumer channels, with a goal to increase DTC revenue to 21% of total revenue by fiscal 2026. This strategy is complemented by efforts to enhance the overall omnichannel customer experience.
  3. Assortment Modernization and Strategic Brand Partnerships: The company is actively revitalizing and modernizing its product assortment, placing a strong emphasis on athletic and athleisure categories, which have demonstrated robust performance. Additionally, Designer Brands is strengthening and expanding its relationships with top national brand partners, increasing the variety of styles available.
  4. Growth in Canadian Retail Segment: Designer Brands anticipates mid to high single-digit net sales growth in its Canada Retail segment for fiscal year 2025.
  5. Enhanced Customer Experience and Omni-channel Optimization: Initiatives such as the "Warehouse Reimagined" store format, the introduction of Fit Finder technology, augmented reality try-on kiosks, and customization stations are being implemented to improve the in-store and online customer experience. These enhancements, along with increased marketing investments to boost DSW awareness and optimize the omnichannel model, are expected to drive higher conversion rates and overall sales.

AI Analysis | Feedback

Share Repurchases

  • In 2024, Designer Brands repurchased 10.3 million Class A common shares at an aggregate cost of $68.6 million.
  • As of February 1, 2025, $19.7 million of Class A common shares remained available for future repurchase under the existing share repurchase program.
  • Net common equity repurchased by the company was approximately $148 million in 2023, $102 million in 2024, and $69 million in 2025.

Capital Expenditures

  • Designer Brands anticipates reducing its annual capital spending from $50 million to $40 million for Q1 2026.
  • For the trailing twelve months ended July 2025, capital expenditures were approximately $38.16 million.
  • Fiscal year 2025 projections for capital expenditures are $44 million, with a historical focus on digital and omnichannel capabilities.

Better Bets than Designer Brands (DBI)

Latest Trefis Analyses

TitleTopic
0DASHBOARDS 
1Designer Brands Earnings Notes 
2Would You Still Hold Designer Brands Stock If It Fell 30%?Return
3Designer Brands vs. S&P500 CorrelationCorrelation
4Day 7 of Gains Streak for Designer Brands Stock with 16% Return (vs. -18% YTD) [9/27/2024]Notification
5Designer Brands Price VolatilityVolatility
6Day 7 of Loss Streak for Designer Brands Stock with -26% Return (vs. -32% YTD) [9/4/2024]Notification
7Day 5 of Loss Streak for Designer Brands Stock with -12% Return (vs. -20% YTD) [8/30/2024]Notification
8Day 6 of Loss Streak for Designer Brands Stock with -36% Return (vs. -21% YTD) [6/11/2024]Notification
9Day 5 of Loss Streak for Designer Brands Stock with -34% Return (vs. -18% YTD) [6/10/2024]Notification
10Better Bet Than DBI Stock: Pay Less Than Designer Brands To Get More From Stocks CMC, CF, ARW, TMHC, AL Better Bets
Title
0ARTICLES

Trade Ideas

Select ideas related to DBI. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap		13.7%13.7%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		6.0%6.0%-0.1%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		3.8%3.8%-4.4%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		19.7%19.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin		2.3%2.3%-1.6%

Recent Active Movers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for Designer Brands

Peers to compare with:

Financials

DBIHPQHPEIBMCSCOAAPLMedian
NameDesigner.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Price7.7823.2624.49305.0978.16273.4051.32
Mkt Cap0.421.932.6284.9309.24,074.4158.8
Rev LTM2,89355,29534,29665,40257,696408,62556,496
Op Inc LTM293,6241,64411,54412,991130,2147,584
FCF LTM1002,80062711,85412,73396,1847,327
FCF 3Y Avg1102,9781,40011,75313,879100,5037,366
CFO LTM1383,6972,91913,48313,744108,5658,590
CFO 3Y Avg1593,6723,89613,49814,736111,5598,697

Growth & Margins

DBIHPQHPEIBMCSCOAAPLMedian
NameDesigner.HP Hewlett .Internat.Cisco Sy.Apple  
Rev Chg LTM-5.2%3.2%13.8%4.5%8.9%6.0%5.2%
Rev Chg 3Y Avg-5.0%-3.9%6.5%2.6%3.7%1.8%2.2%
Rev Chg Q-3.2%4.2%14.4%9.1%7.5%9.6%8.3%
QoQ Delta Rev Chg LTM-0.8%1.1%3.7%2.1%1.8%2.1%2.0%
Op Mgn LTM1.0%6.6%4.8%17.7%22.5%31.9%12.1%
Op Mgn 3Y Avg1.8%7.4%7.2%16.4%24.2%30.8%11.9%
QoQ Delta Op Mgn LTM0.1%-0.2%-1.4%0.6%0.4%0.1%0.1%
CFO/Rev LTM4.8%6.7%8.5%20.6%23.8%26.6%14.6%
CFO/Rev 3Y Avg5.2%6.8%12.7%21.4%26.1%28.4%17.1%
FCF/Rev LTM3.5%5.1%1.8%18.1%22.1%23.5%11.6%
FCF/Rev 3Y Avg3.6%5.5%4.6%18.6%24.6%25.6%12.1%

Valuation

DBIHPQHPEIBMCSCOAAPLMedian
NameDesigner.HP Hewlett .Internat.Cisco Sy.Apple  
Mkt Cap0.421.932.6284.9309.24,074.4158.8
P/S0.10.41.04.45.410.02.7
P/EBIT10.36.819.925.122.531.321.2
P/E-14.58.6572.736.029.941.033.0
P/CFO2.85.911.221.122.537.516.2
Total Yield-4.4%14.1%2.3%5.0%5.4%2.8%3.9%
Dividend Yield2.5%2.5%2.1%2.2%2.1%0.4%2.1%
FCF Yield 3Y Avg26.0%10.6%5.5%6.4%6.0%3.1%6.2%
D/E3.30.50.70.20.10.00.4
Net D/E3.20.30.60.20.00.00.3

Returns

DBIHPQHPEIBMCSCOAAPLMedian
NameDesigner.HP Hewlett .Internat.Cisco Sy.Apple  
1M Rtn80.4%-1.8%14.4%0.6%2.7%-1.5%1.7%
3M Rtn111.5%-11.9%2.7%7.9%17.0%7.1%7.5%
6M Rtn224.2%-4.0%34.5%6.6%15.2%36.3%24.9%
12M Rtn51.7%-27.0%16.2%40.5%34.5%7.5%25.3%
3Y Rtn-7.6%-1.9%71.1%143.1%81.3%120.2%76.2%
1M Excs Rtn95.6%-5.6%12.9%-2.2%-0.0%-3.7%-1.1%
3M Excs Rtn107.2%-16.2%-1.7%3.6%12.7%2.8%3.2%
6M Excs Rtn211.9%-16.3%22.3%-5.7%3.0%24.0%12.6%
12M Excs Rtn35.9%-42.9%-0.7%25.0%19.9%-8.4%9.6%
3Y Excs Rtn-91.3%-83.5%-11.2%59.6%-1.2%28.4%-6.2%

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
United States (US) Retail2,5342,7922,7701,8002,745
Brand Portfolio349328286249448
Canada Retail264283235183249
Eliminations-72-87-94-60-72
Other   63122
Total3,0753,3153,1972,2353,493


Operating Income by Segment
$ Mil20252024202320222021
United States (US) Retail262    
Canada Retail25    
Net elimination of intersegment activity3    
Impairment charges-5    
Brand Portfolio-27    
Corporate shared service costs-186    
Total72    


Price Behavior

Price Behavior
Market Price$7.78 
Market Cap ($ Bil)0.4 
First Trading Date12/29/2006 
Distance from 52W High-9.5% 
   50 Days200 Days
DMA Price$4.90$3.63
DMA Trendupup
Distance from DMA58.6%114.4%
 3M1YR
Volatility120.5%98.4%
Downside Capture-32.32187.77
Upside Capture336.75201.03
Correlation (SPY)23.9%39.1%
DBI Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta2.892.382.152.741.931.75
Up Beta-0.671.422.662.341.831.85
Down Beta0.932.002.142.891.751.45
Up Capture697%417%247%362%349%323%
Bmk +ve Days12253873141426
Stock +ve Days9193063116355
Down Capture273%209%167%239%149%111%
Bmk -ve Days7162452107323
Stock -ve Days10192855122380

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of DBI With Other Asset Classes (Last 1Y)
 DBISector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return46.2%7.5%17.8%72.1%8.6%4.4%-8.2%
Annualized Volatility98.0%24.3%19.4%19.3%15.2%17.0%35.0%
Sharpe Ratio0.810.240.722.700.340.09-0.08
Correlation With Other Assets 45.0%38.8%-1.9%14.0%28.4%22.8%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
 Comparison of DBI With Other Asset Classes (Last 5Y)
 DBISector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return3.0%9.6%14.7%18.7%11.5%4.6%30.8%
Annualized Volatility73.1%23.8%17.1%15.5%18.7%18.9%48.6%
Sharpe Ratio0.360.360.700.970.500.160.57
Correlation With Other Assets 39.1%36.3%0.6%13.5%29.5%15.4%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of DBI With Other Asset Classes (Last 10Y)
 DBISector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-7.8%13.2%14.8%15.3%7.0%5.3%69.2%
Annualized Volatility74.6%21.9%18.0%14.7%17.6%20.8%55.8%
Sharpe Ratio0.210.550.710.860.320.220.90
Correlation With Other Assets 42.9%38.6%-3.8%19.3%36.0%14.4%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity7,419,250
Short Interest: % Change Since 11302025-6.3%
Average Daily Volume2,572,613
Days-to-Cover Short Interest2.88
Basic Shares Quantity49,556,000
Short % of Basic Shares15.0%

Returns Analyses

Earnings Returns History

Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
12/9/202548.5%77.3% 
9/9/20255.5%5.8%-17.3%
6/10/2025-18.2%-35.9%-16.4%
3/20/20256.3%-1.1%-29.4%
12/10/20243.8%1.0%0.3%
9/11/2024-11.5%10.2%2.7%
6/4/2024-20.4%-35.3%-39.3%
3/21/2024-5.5%-7.4%-23.3%
...
SUMMARY STATS   
# Positive10118
# Negative141316
Median Positive9.8%5.4%9.7%
Median Negative-9.9%-14.3%-17.3%
Max Positive48.5%77.3%47.7%
Max Negative-33.3%-35.9%-39.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
103120251209202510-Q 11/1/2025
7312025909202510-Q 8/2/2025
4302025610202510-Q 5/3/2025
1312025324202510-K 2/1/2025
103120241210202410-Q 11/2/2024
7312024911202410-Q 8/3/2024
4302024604202410-Q 5/4/2024
1312024325202410-K 1/28/2024
103120231205202310-Q 10/28/2023
7312023907202310-Q 7/29/2023
4302023608202310-Q 4/29/2023
1312023316202310-K 1/28/2023
103120221201202210-Q 10/29/2022
7312022831202210-Q 7/30/2022
4302022602202210-Q 4/30/2022
1312022321202210-K 1/29/2022

External Quote Links


Prefer one of these to Trefis? Tell us why.