Designer Brands Inc. Class A (NYSE:DBI) traded at a new 52-week high today of $18.92. Approximately 253,000 shares have changed hands today, as compared to an average 30-day volume of 1.1 million shares.
In the past 52 weeks, shares of Designer Brands Inc. Class A have traded between a low of $11.24 and a high of $18.92 and is now at $18.78, which is 67% above that low price.
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.
Designer Brands Inc. Class A (NYSE:DBI) is currently priced 8.4% above its average consensus analyst price target of $17.20.
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