Filing Analysis
Designer Brands Inc. filed an 8-K to announce its consolidated financial results for the quarter ended November 2, 2024.
📋 Key Facts
- Report date: December 10, 2024
- Financial period covered: Quarter ended November 2, 2024
- The filing includes a press release (Exhibit 99.1) containing the consolidated financial results.
Designer Brands Inc. announced the Board's approval of a quarterly cash dividend of $0.05 per share for both Class A and Class B common shares.
📋 Key Facts
- Dividend amount: $0.05 per share (Class A and Class B).
- Record date: December 6, 2024.
- Payment date: December 20, 2024.
Designer Brands Inc. announced the Board's approval of a quarterly cash dividend of $0.05 per share for both Class A and Class B common shares.
📋 Key Facts
- Dividend amount: $0.05 per share.
- Applicable to: Class A and Class B common shares.
- Record date: October 4, 2024.
- Payment date: October 18, 2024.
Designer Brands Inc. filed an 8-K to announce its consolidated financial results for the quarter ended August 3, 2024.
📋 Key Facts
- The filing is a standard announcement of quarterly earnings via press release (Exhibit 99.1).
- Reporting period: Quarter ended August 3, 2024.
- Filing date: September 11, 2024.
Designer Brands Inc. announced the appointment of John Atkinson to its Board of Directors and his assignment to the Audit and Nominating/Corporate Governance Committees. The move involved increasing the board size from ten to eleven directors.
📋 Key Facts
- Effective date of appointment: August 1, 2024.
- John Atkinson appointed as a Class III director.
- Board size increased from 10 to 11 members.
- Mr. Atkinson will serve on the Audit Committee and Nominating and Corporate Governance Committee.
- Compensation includes an initial award of fully-vested restricted stock units with an aggregate grant date fair value of $146,014.
- Mr. Atkinson is a former Audit Partner at KPMG.
Designer Brands Inc. held its 2024 Annual Meeting of Shareholders on June 20, 2024. The meeting resulted in the election of three Class II directors and the ratification of Deloitte & Touche LLP as independent auditors.
🚩 Red Flags
- Significant increase in share pool (24 million shares) for equity-based awards may lead to future dilution of existing shareholders.
📋 Key Facts
- Shareholders approved an amendment and restatement of the 2014 Long-Term Equity Incentive Plan (Amended Plan).
- The Amended Plan increases the number of Class A Common Shares reserved for equity-based awards by 24,000,000 shares.
- Jay L. Schottenstein, Richard A. Paul, and Joanne Zaiac were elected as Class II directors with terms expiring in 2027.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the fiscal year ending February 1, 2025.
- The advisory vote on named executive officer compensation for fiscal 2023 was approved.
Designer Brands Inc. filed an 8-K to announce its consolidated financial results for the quarter ended May 4, 2024. The filing serves as a formal notification that a press release containing these results was issued on June 4, 2024.
📋 Key Facts
- Report date: June 4, 2024
- Reporting period: Quarter ended May 4, 2024
- The filing is pursuant to Item 2.02 (Results of Operations and Financial Condition)
- Information provided under Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.
Designer Brands Inc. announced the Board's approval of a quarterly cash dividend of $0.05 per share for both Class A and Class B common shares.
📋 Key Facts
- Dividend amount: $0.05 per share.
- Applicable to: Class A and Class B common shares.
- Record date: June 5, 2024 (close of business).
- Payment date: June 18, 2024.
Designer Brands Inc. issued an 8-K to announce its consolidated financial results for the quarter and fiscal year ended February 3, 2024.
📋 Key Facts
- Report date: March 21, 2024
- Reporting period end date: February 3, 2024
- The filing includes the announcement of consolidated financial results via press release (Exhibit 99.1).
Designer Brands Inc. announced the Board's approval of a quarterly cash dividend for its Class A and Class B common shares.
📋 Key Facts
- Dividend amount: $0.05 per share.
- Dividend payment date: April 12, 2024.
- Record date: March 29, 2024 (close of business).
- Applicable to both Class A and Class B common shares.