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- Restatement (new) — The company disclosed immaterial restatements of prior periods due to incorrect duty rates on Topo products, resulting in an $8.4 million obligation to U.S. Customs.
Quarterly net income (prior restated) of $17.6M against $10.5M a year earlier; Designer Brands Q2 profit jumps slip 1.2% amid tariff uncertainty
Filed September 10, 2026 · Period ending August 1, 2026 · Compared to 10-Q Sep 9, 2025 · ~1 min read
Key Changes
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high
Revenue fell 1.2% to $730.6M, with the comparison distorted by a 53-week prior-year period; excluding the extra week, underlying sales were roughly flat.
MD&A: Sales verify on EDGAR → -
medium
New U.S. tariffs of 10% to 12.5% on imports from certain countries took effect in July 2026, adding cost uncertainty for the second half.
MD&A: Tariffs verify on EDGAR → -
medium
The company consolidated its U.S. and Canada retail segments into a single Retail segment, reducing transparency into Canadian performance.
Notes: Segments verify on EDGAR →
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 10, 2026 · How we verify