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DBI Investors Have Opportunity to Join Designer Brands Inc. Fraud Investigation with the Schall Law Firm

DBI Investors Have Opportunity to Join Designer Brands Inc. Fraud Investigation with the Schall Law Firm

Business Wire23-06-2025
LOS ANGELES--(BUSINESS WIRE)-- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Designer Brands Inc. ('Designer Brands' or 'the Company') (NYSE: DBI) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Designer Brands reported its financial results for Q1 2025 on June 10, 2025. The Company's CEO stated, 'We experienced a soft start to 2025 amid an unpredictable macro environment and deteriorating consumer sentiment.' The executive added, 'Given the persistent instability and pressure on consumer discretionary spend, we've made the decision to withdraw our 2025 guidance for the time being.' Based on this news, shares of Designer Brands fell by 18.2% on the same day.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
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