Designer Brands: Dividend Not Enough to Offset Growth Concerns

DSW's parent company, Designer Brands, took a 5% hit after UBS warned about slow growth due to its reliance on seasonal footwear and the maturing DSW brand. Despite a steady dividend, investors are worried about the company's long-term prospects, overshadowing recent profit gains and contributing to a nearly 22% stock decline this year. Is it a buying opportunity or a sign of deeper problems? Hosted on Acast. See acast.com/privacy for more information.