Designer Brands Inc (DBI)
Pretax margin
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 40,043 | 83,848 | 124,270 | 134,871 | 159,534 | 175,976 | 213,200 | 201,412 | 173,025 | 83,007 | -81,342 | -273,447 | -608,647 | -548,294 | -426,770 | -248,267 | 119,774 | 77,185 | 77,087 | 15,518 |
| Revenue (ttm) | US$ in thousands | 3,074,976 | 3,081,174 | 3,159,865 | 3,226,967 | 3,315,428 | 3,377,508 | 3,365,955 | 3,323,971 | 3,196,583 | 2,983,309 | 2,782,712 | 2,455,091 | 2,234,719 | 2,454,987 | 2,735,943 | 3,102,181 | 3,492,687 | 3,505,144 | 3,402,987 | 3,340,770 |
| Pretax margin | 1.30% | 2.72% | 3.93% | 4.18% | 4.81% | 5.21% | 6.33% | 6.06% | 5.41% | 2.78% | -2.92% | -11.14% | -27.24% | -22.33% | -15.60% | -8.00% | 3.43% | 2.20% | 2.27% | 0.46% |
February 3, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $40,043K ÷ $3,074,976K
= 1.30%
The pretax margin of Designer Brands Inc has fluctuated over the past few quarters, indicating changes in the company's profitability before taxes. From May 2020 to October 2021, the pretax margin showed a general upward trend, peaking at 6.33% in July 2022. However, starting from January 2023, there was a decline in the pretax margin, reaching a low of -27.24% in January 2024.
The positive pretax margins indicate that the company was able to generate profits before accounting for taxes during these periods. On the other hand, the negative pretax margins signify losses incurred by the company in those specific quarters.
The decreasing trend in the pretax margin from July 2022 onwards may suggest potential challenges in maintaining profitability or controlling costs for Designer Brands Inc. Further analysis of the company's expenses, revenue sources, and overall financial performance would be necessary to understand the factors contributing to these fluctuations in pretax margin.
Peer comparison
Feb 3, 2024