Latest news with #DesignerBrands
Business Upturn
5 days ago
- Business
- Business Upturn
DBI Investor News: If You Have Suffered Losses in Designer Brands Inc. (NYSE: DBI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
NEW YORK, June 29, 2025 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Designer Brands Inc. (NYSE: DBI) resulting from allegations that Designer Brands may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Designer Brands securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. WHAT TO DO NEXT: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. WHAT IS THIS ABOUT: 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. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ——————————- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected]
Business Wire
23-06-2025
- Business
- Business Wire
DBI Investors Have Opportunity to Join Designer Brands Inc. Fraud Investigation with the Schall Law Firm
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 or by email at bschall@ 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.
Business Wire
23-06-2025
- Business
- Business Wire
Rosen Law Firm Encourages Designer Brands Inc. Investors to Inquire About Securities Class Action Investigation
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Designer Brands Inc. (NYSE: DBI) resulting from allegations that Designer Brands may have issued materially misleading business information to the investing public. So What: If you purchased Designer Brands securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. What is this about: 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. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome.
Business Insider
23-06-2025
- Business
- Business Insider
Short Report: Short interest in residential solar heats up again
Welcome to this week's installment of 'The Short Interest Report' – The Fly's weekly recap of short interest trends among some of the most widely followed high-short-float stocks. Using the data from our partner which utilizes the latest information from stock lenders to estimate short interest changes for thousands of publicly traded companies, this report will screen for some of biggest changes in short interest as a percentage of free float and days-to-cover ratios while also considering the short interest data on some of the more volatile and heavier-traded names of the week. Based on the availability of data from Ortex, the report tracks the trading period that covers prior Friday through Thursday of this week, excluding holidays. As a basis of comparison for stocks discussed below, the S&P 500 index was down 1.1%, the Nasdaq Composite was down 0.6%, the Russell 2000 index was down 1.3%, the Russell 2000 Growth ETF (IWO) was down 1.2%, and the Russell 2000 Value ETF (IWN) was up 0.5% in the four-day trading session range through June 18. Confident Investing Starts Here: SHORT INTEREST GAINERS Ortex-reported short interest on Sunrun (RUN) jumped from 27% to over 30% with days-to-cover on the name up from 3.2 to 3.9 this week. Similarly, short positioning as a percentage of free float on SolarEdge (SEDG) went up from 30.5% to 32.6%. Bearish appetite for both names had been receding as short-sellers took profits following meaningful declines in their respective stock prices on May 22, when House Republicans' passed budget bill was seen as containing a worse than feared scenario of cuts to renewable incentives for solar/wind energy and both stocks subsequently erased their losses over the first half of June. With the Senate budget bill out this week also proposing a full phase-out of solar and wind energy tax credit as soon as 2028, bears are renewing their bets on more Washington-imposed pain and residential solar names are back in freefall. Shares of Sunrun were down 27.6% and those of SolarEdge fell 19.2% in the four-day period covered through Thursday. Year-to-date, Sunrun is off by 33%, though SolarEdge is still up 21%. Ortex-reported short interest on Designer Brands (DBI) had retreated from a five-month high of 32% to 27% last week as bears took profits from a 35% plunge in shares following the company's disappointing Q1 results and pulled guidance on June 10. With no signs of a bounce and multiple sell-side price target cuts, however, bears are now rebuilding their positions. Shorts as a percentage of free float were up four percentage points this week to 30.8, days-to-cover rose to 5.9 from 5.0, and the stock was down 5.4% in the four-day period covered. Year-to-date, Designer Brands is now down 57%. Ortex-reported short interest on Guess (GES) had fallen to a 14-month low level just under 20% in the first week of June and ahead of its Q1 earnings on June 5. While the stock bounced despite the company's below-consensus Q2 guide and FY26 outlook cut, bears are returning to the name. This week, shorts as a percentage of free float on Guess were up from 20.2% to 22.7% – a three-week high. Likewise, days-to-cover on Guess jumped from 6.4 to 9.3 – a three-month high – even though volumes held relatively steady. The stock was down 4% in the four-session period through Wednesday, though Friday's 5% rally erased all of those losses. Year-to-date, Guess is still down about 15%. Ortex-reported short interest on Centrus Energy (LEU) had fallen to the lowest level since November of 2024 in the first week of June at about 17% as the stock had nearly quadrupled over the prior four-month period from April lows. This week however, shorts as a percentage of free float were up from 18.7% to 20.6%, with bears questioning whether the extreme bounce in the nuclear fuel component supplier is sustainable or deserves a pause. Indeed, while the stock is up 14% in the four-day period covered, Friday saw the upside momentum stall out after an intraday jump of 16% to finish up a more modest 5%. Year-to-date, shares of Centrus are still up a whopping 185%. SHORT INTEREST DECLINERS Ortex-reported short interest in Enliven Therapeutics (ELVN) had tracked in a 24%-29% range since mid-October but collapsed this week with a decline from 25.7% to 18.4% – a 14-month low. Days to cover on the stock also fell sharply from 7.8 to 6.9 in spite of a spike in volume last Friday – a 9-month low. The burst of trading activity, along with last Friday's 11% jump in the stock price that catalyzed the surge in short covering, was driven by the company's announcement of positive data from its Phase 1 clinical trial of ELVN-001 in patients with chronic myeloid leukemia. The results were then cheered by analysts at Goldman Sachs, who assigned a Buy rating to the stock with a price target of $37, implying another 50% return from current levels. In the four-day period covered, Enliven was up 9.7%, though shares are still down 5% year-to-date.
Yahoo
16-06-2025
- Business
- Yahoo
Designer Brands, Tilly's, Gray Television, G-III, and Soho House Shares Are Soaring, What You Need To Know
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran. The Wall Street Journal said senior Iranian officials had signaled a willingness to restart stalled nuclear talks, on the condition that Washington refrain from joining Israel's ongoing strikes. This development triggered a significant decline in oil prices, easing inflation concerns. Also, it is possible some investors were buying the dip following the sell-off at the end of the previous week. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Among others, the following stocks were impacted: Footwear Retailer company Designer Brands (NYSE:DBI) jumped 7.2%. Is now the time to buy Designer Brands? Access our full analysis report here, it's free. Apparel Retailer company Tilly's (NYSE:TLYS) jumped 5.2%. Is now the time to buy Tilly's? Access our full analysis report here, it's free. Broadcasting company Gray Television (NYSE:GTN) jumped 6.4%. Is now the time to buy Gray Television? Access our full analysis report here, it's free. Apparel and Accessories company G-III (NASDAQ:GIII) jumped 5.5%. Is now the time to buy G-III? Access our full analysis report here, it's free. Travel and Vacation Providers company Soho House (NYSE:SHCO) jumped 6.1%. Is now the time to buy Soho House? Access our full analysis report here, it's free. Designer Brands's shares are extremely volatile and have had 58 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 3 days ago when the stock dropped 7.3% after the major indices pulled back (Nasdaq -1.3%, S&P 500 -1.1%) as Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East. This development sent crude oil prices surging, as investors feared potential disruptions to global oil supply and a wider regional conflict. Designer Brands is down 54.3% since the beginning of the year, and at $2.42 per share, it is trading 70.3% below its 52-week high of $8.16 from July 2024. Investors who bought $1,000 worth of Designer Brands's shares 5 years ago would now be looking at an investment worth $301.73. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
