Designer Brands shares rise after higher full-year outlook
Designer Brands shares climbed after the company raised its full-year outlook, citing improving profitability steps and stronger-than-anticipated back-to-school sales. The stock rose 8.2% to $5.65 on Thursday.
Designer Brands shares rose after the company lifted its full-year outlook, saying actions taken to improve profitability are starting to pay off and that back-to-school sales have been stronger than expected. 65 on Thursday. Even after the advance, the shares have lo…