Designer Brands (DBI) Securities Fraud Investigation

Shamis & Gentile, P.A. is investigating claims on behalf of investors of Designer Brands Inc. ("Designer Brands" or the "Company") (DBI). Impacted investors are advised to contact the firm now.

The law firm is investigating whether Designer Brands and certain of its officers and directors made false or misleading statements or failed to disclose material information regarding the Company’s financial outlook, exposure to tariffs, and related risk disclosures between March 20 and June 9, 2025.

On March 20, 2025, Designer Brands issued its fourth-quarter and full-year 2024 financial results and provided guidance for fiscal 2025, emphasizing “continued stability and growth” and projecting improved earnings per share. Management also told analysts it expected “no material impact from currently anticipated tariff policies.” In early April 2025, however, the U.S. administration announced steep new tariffs on a wide range of imported footwear. Attorneys are examining whether Designer Brands’ public statements adequately reflected its reliance on Chinese-sourced products and whether the Company’s guidance sufficiently accounted for potential margin pressure from these tariffs.

On June 10, 2025, Designer Brands reported first-quarter 2025 results showing net sales of $686.9 million, an 8% decline year over year, and comparable sales down 7.8%. The Company withdrew its full-year 2025 guidance, citing an “unpredictable macro environment and deteriorating consumer sentiment,” and acknowledged that it was “mitigating the impact of tariffs.”

Following this announcement, Designer Brands’ stock fell from $3.73 on June 9 to $3.05 on June 10, 2025, resulting in significant losses for investors.

If you purchased or otherwise acquired Designer Brands (DBI) securities between March 20 and June 9, 2025, you may be eligible to seek compensation for your losses. Contact Shamis & Gentile, P.A. today to discuss your options.

Shamis & Gentile, P.A. stands out as an advocate for investors who are victims of securities fraud. The firm is committed to securing recoveries for investors who have incurred damages due to false and misleading statements or other corporate misconduct by public companies. Shamis & Gentile has recovered over $1 billion for consumers nationwide. Its extensive experience, expertise and resources enable the firm to resolve disputes in a wide range of matters, including class actions, mass torts and mass arbitrations.

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