Designer Brands Inc. (DBI) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
810 DSW DRIVE COLUMBUS, OH 43219 |
| State of Incorp. | OH |
| Fiscal Year End | January 31 |
| Industry (SIC) | 5661 - Shoe Stores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 59 | 73 | 60 | 169 | 301 | ||||
| Cash and cash equivalents | 59 | 73 | 60 | 99 | 176 | ||||
| Short-term investments | 70 | 125 | |||||||
| Receivables | 78 | 200 | 196 | 69 | 19 | ||||
| Inventory, net of allowances, customer advances and progress billings | 606 | 586 | 473 | 645 | 502 | ||||
| Inventory | 606 | 586 | 473 | 645 | 502 | ||||
| Intangible current assets | 32 | 16 | 16 | 46 | 0 | ||||
| Other undisclosed current assets | 16 | 40 | 36 | 26 | 41 | ||||
| Total current assets: | 790 | 914 | 781 | 955 | 863 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 700 | 647 | 700 | ✕ | ✕ | ||||
| Property, plant and equipment | 235 | 257 | 296 | 410 | 355 | ||||
| Long-term investments and receivables | 64 | 56 | 59 | 58 | 122 | ||||
| Due from related parties | ✕ | 116 | |||||||
| Long-term investments | 64 | 56 | 59 | 58 | 6 | ||||
| Intangible assets, net (including goodwill) | 129 | 109 | 109 | 136 | 26 | ||||
| Goodwill | 97 | 94 | 94 | 90 | 26 | ||||
| Intangible assets, net (excluding goodwill) | 32 | 16 | 16 | 46 | 0 | ||||
| Deferred income tax assets | 48 | ✕ | ✕ | ||||||
| Other noncurrent assets | 43 | 32 | 31 | 32 | 20 | ||||
| Other undisclosed noncurrent assets | 30 | 28 | |||||||
| Total noncurrent assets: | 1,220 | 1,100 | 1,196 | 665 | 551 | ||||
| TOTAL ASSETS: | 2,010 | 2,015 | 1,977 | 1,621 | 1,414 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 446 | 557 | 445 | 463 | 324 | ||||
| Accounts payable | 255 | 341 | 245 | 262 | 178 | ||||
| Accrued liabilities | 191 | 216 | 200 | 202 | 145 | ||||
| Debt | 63 | ||||||||
| Due to related parties | ✕ | 1 | 1 | ||||||
| Other undisclosed current liabilities | 190 | 202 | 244 | ||||||
| Total current liabilities: | 636 | 759 | 753 | 463 | 325 | ||||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation: | 593 | 678 | |||||||
| Liabilities, other than long-term debt | 656 | 28 | 31 | 165 | 139 | ||||
| Deferred income tax liabilities | 4 | ✕ | ✕ | ||||||
| Other liabilities | 25 | 24 | 31 | 165 | 139 | ||||
| Operating lease, liability | 631 | 593 | 678 | ✕ | ✕ | ||||
| Other undisclosed noncurrent liabilities | 281 | 222 | 272 | 160 | |||||
| Total noncurrent liabilities: | 937 | 843 | 981 | 325 | 139 | ||||
| Total liabilities: | 1,574 | 1,602 | 1,734 | 788 | 463 | ||||
| Temporary equity, carrying amount | 3 | ||||||||
| Equity | |||||||||
| Equity, attributable to parent, including: | 433 | 412 | (3) | (3) | 975 | ||||
| Common stock | 1,019 | 1,005 | 990 | 979 | 961 | ||||
| Treasury stock, value | (663) | (515) | (515) | (373) | (326) | ||||
| Accumulated other comprehensive loss | (5) | (4) | (3) | (3) | (10) | ||||
| Retained earnings (accumulated deficit) | 82 | (74) | (229) | 255 | 350 | ||||
| Other undisclosed equity, attributable to parent | (246) | (860) | |||||||
| Other undisclosed equity | 246 | 835 | (25) | ||||||
| Total equity: | 433 | 412 | 243 | 832 | 950 | ||||
| TOTAL LIABILITIES AND EQUITY: | 2,010 | 2,015 | 1,977 | 1,621 | 1,414 | ||||
Income Statement (P&L) ($ in millions)
| 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 3,315 | 3,197 | 2,235 | 3,184 | 2,800 | |||
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 2,800 | |
| Cost of revenue (Cost of Goods and Services Sold) | (2,010) | |||||||
| Other undisclosed gross profit | (2,236) | (2,128) | (1,923) | (2,249) | ||||
| Gross profit: | 1,079 | 1,069 | 311 | 935 | 789 | |||
| Operating expenses | (901) | (872) | (907) | (887) | (697) | |||
| Other undisclosed operating income | 9 | 9 | 9 | 11 | 33 | |||
| Operating income (loss): | 187 | 205 | (586) | 59 | 125 | |||
| Nonoperating income (expense) | (0) | (0) | 1 | (50) | (2) | |||
| Investment income, nonoperating | 0 | 0 | 0 | 4 | 3 | |||
| Loss, foreign currency transaction, before tax | (14) | |||||||
| Interest and debt expense | (28) | (32) | (24) | (2) | (0) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 0 | 4 | 3 | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 159 | 173 | (609) | 11 | 126 | |||
| Income from equity method investments | 9 | 1 | ||||||
| Other undisclosed income from continuing operations before income taxes | 0 | 0 | ||||||
| Income (loss) from continuing operations before income taxes: | 160 | 173 | (599) | 11 | 127 | |||
| Income tax expense (benefit) | 3 | (19) | 120 | (30) | (60) | |||
| Income (loss) from continuing operations: | 163 | 154 | (479) | (19) | 67 | |||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | 154 | (479) | (19) | 67 | ||
| Other undisclosed net loss | (9) | (1) | ||||||
| Net income (loss): | 163 | 154 | (489) | (20) | 67 | |||
| Net income (loss) attributable to noncontrolling interest | 0 | |||||||
| Net income (loss) available to common stockholders, diluted: | 163 | 154 | (489) | (20) | 67 | |||
Comprehensive Income ($ in millions)
| 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 163 | 154 | (489) | (20) | 67 | |||
| Other comprehensive income (loss) | (2) | (0) | (1) | 7 | 4 | |||
| Comprehensive income (loss): | 161 | 154 | (490) | (13) | 71 | |||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 0 | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 161 | 154 | (490) | (13) | 71 | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.