Designer Brands Inc. (DBI)
Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Designer Brands Inc. (“Designer Brands” or “the Company”) (NYSE: DBI). Investors who purchased Designer Brands securities are encouraged to obtain additional information and assist the investigation.
The investigation concerns whether Designer Brands has violated federal securities laws.
Investigation Details
On June 10, 2025, Designer Brands reported its financial results for the first quarter of 2025. Commenting on the results, Design Brands’ CEO stated that “[w]e experienced a soft start to 2025 amid an unpredictable macro environment and deteriorating consumer sentiment.” Further, he stated that “[g]iven the persistent instability and pressure on consumer discretionary spend, we’ve made the decision to withdraw our 2025 guidance for the time being.”
On this news, Designer Brands stock fell 18.2% on June 10, 2025.
What’s Next?
If you are aware of any facts relating to this investigation or purchased Designer Brands securities, you can assist this investigation. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660
There is No Cost to You
We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.
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Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.
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Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]