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Added to YB: 2026-09-22

Pitch date: 2026-09-18

DBI [bullish]

Designer Brands Inc.

+1.63%

current return

Author Info

No bio for this author

Company Info

Designer Brands Inc., together with its subsidiaries, engages in the design, production, and retailing of footwear and accessories in the United States, Canada, and internationally.

Market Cap

$307.8M

Pitch Price

$6.12

Price Target

11.00 (+83%)

Dividend

3.32%

EV/EBITDA

3.57

P/E

17.71

EV/Sales

0.51

Sector

Specialty Retail

Category

value

Show full summary:
This Week in Special Situations: Designer Brands Inc.

DBI (update): Designer Brands trades near $6 versus Stone House’s $11-$19 sum-of-parts range, based on the view that its 79% Topo Athletic stake is unpriced. Stone House values the core at 5.5x-7.5x EBITDA and Topo at $250M-$450M of EV using its own assumptions. Management expects Topo revenue above $100M in 2027, but Jay Schottenstein’s 65% voting control constrains Stone House.

Read full article (1 min)