Drew Domecq - Designer Brands President

DBI Stock  USD 9.44  0.20  2.07%   

President

Mr. Drew Domecq is Senior Vice President, Chief Information Officer of the Company since 2019.
Age 46
Tenure 5 years
Professional MarksMBA
Address 810 DSW Drive, Columbus, OH, United States, 43219
Phone614 237 7100
Webhttps://www.designerbrands.com
Domecq joins DSW from Bob Evans Restaurants where he most recently implemented a completely new standalone business systems architecture and cloudbased infrastructure. Prior to that, he was responsible for all restaurant technology and enterprise application development as vice president of technology solutions at The Wendy Company. There he led a crossfunctional team that delivered new mobile and digital points of sale and established the brand tech center, 90° Labs, to foster continuous innovation and connection with "next gen" consumers. Domecq has also held leadership positions in the IT teams at Safelite and Qwest Communications and experience as a consultant and entrepreneur. Domecq earned a bachelor degree from Princeton University and an MBA from Northwestern University Kellogg School of Management.

Designer Brands Management Efficiency

The company has Return on Asset of 0.0208 % which means that on every $100 spent on assets, it made $0.0208 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0732 %, implying that it generated $0.0732 on every 100 dollars invested. Designer Brands' management efficiency ratios could be used to measure how well Designer Brands manages its routine affairs as well as how well it operates its assets and liabilities. The Designer Brands' current Return On Tangible Assets is estimated to increase to 0.11. The Designer Brands' current Return On Capital Employed is estimated to increase to 0.21. As of now, Designer Brands' Return On Tangible Assets are decreasing as compared to previous years. The Designer Brands' current Fixed Asset Turnover is estimated to increase to 7.39, while Total Assets are projected to decrease to under 1.3 B.
The company has 1.24 B in debt with debt to equity (D/E) ratio of 3.23, meaning that the company heavily relies on borrowing funds for operations. Designer Brands has a current ratio of 1.32, which is typical for the industry and considered as normal. Debt can assist Designer Brands until it has trouble settling it off, either with new capital or with free cash flow. So, Designer Brands' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Designer Brands sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Designer to invest in growth at high rates of return. When we think about Designer Brands' use of debt, we should always consider it together with cash and equity.

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Designer Brands Inc., together with its subsidiaries, designs, manufactures, and retails footwear and accessories for women, men, and kids primarily in North America. Designer Brands Inc. was founded in 1991 and is based in Columbus, Ohio. Designer Brands operates under Apparel Retail classification in the United States and is traded on New York Stock Exchange. It employs 13500 people. Designer Brands (DBI) is traded on New York Stock Exchange in USA. It is located in 810 DSW Drive, Columbus, OH, United States, 43219 and employs 14,000 people. Designer Brands is listed under Specialty Retail category by Fama And French industry classification.

Management Performance

Designer Brands Leadership Team

Elected by the shareholders, the Designer Brands' board of directors comprises two types of representatives: Designer Brands inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Designer. The board's role is to monitor Designer Brands' management team and ensure that shareholders' interests are well served. Designer Brands' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Designer Brands' outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary Turner, Executive Vice President and Presidentident of Designer Brands Canada Inc
Joseph Schottenstein, Director
Andrea ODonnell, Executive Brands
Drew Domecq, Executive Vice President, Chief Information Officer
Margaret Standing, Director Communications
Allan Tanenbaum, Independent Director
Jay Schottenstein, Executive Chairman of the Board
Elaine Eisenman, Independent Director
Carolee Lee, Independent Director
Joanne Zaiac, Independent Director
Roger Rawlins, Chief Executive Officer, Director, Interim President - DSW
Joanna Lau, Independent Director
Douglas Howe, CEO Director
Ekta SinghBushell, Independent Director
Simon Nankervis, Executive Vice President and President, CEO and Chief Commercial Officer of Camuto LLC d/b/a/ Camuto Group
Deborah Ferre, Vice Chairman
Mark Haley, Senior Controller
Jared Poff, Chief Financial Officer, Executive Vice President
Deborah Ferree, Vice Chairman of the Board, President of the Camuto Group
William Jordan, Executive Vice President Chief Administrative Officer, Chief Legal Officer, Secretary
Harvey Sonnenberg, Independent Director
Michelle Krall, General VP
James Weinberg, Ex Officer
Laura Denk, Executive President
Peter Cobb, Independent Director

Designer Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Designer Brands a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Designer Brands

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Designer Brands position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Designer Brands will appreciate offsetting losses from the drop in the long position's value.

Moving together with Designer Stock

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Moving against Designer Stock

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The ability to find closely correlated positions to Designer Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Designer Brands when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Designer Brands - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Designer Brands to buy it.
The correlation of Designer Brands is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Designer Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Designer Brands moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Designer Brands can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Designer Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Designer Brands' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Designer Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Designer Brands Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Designer Brands. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For more detail on how to invest in Designer Stock please use our How to Invest in Designer Brands guide.
Note that the Designer Brands information on this page should be used as a complementary analysis to other Designer Brands' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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Is Designer Brands' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Designer Brands. If investors know Designer will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Designer Brands listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.2
Earnings Share
0.46
Revenue Per Share
50.166
Quarterly Revenue Growth
(0.01)
The market value of Designer Brands is measured differently than its book value, which is the value of Designer that is recorded on the company's balance sheet. Investors also form their own opinion of Designer Brands' value that differs from its market value or its book value, called intrinsic value, which is Designer Brands' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Designer Brands' market value can be influenced by many factors that don't directly affect Designer Brands' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Designer Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Designer Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Designer Brands' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.