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Designer Brands reaffirms full year guidance

Designer Brands’ first quarter net sales increased 0.6 percent to 746.6 million dollars, while comparable sales decreased by 2.5 percent. Reaffirming its guidance for the full year, the company said net sales growth is expected to be in low-single digits and adjusted diluted EPS is expected to range between 70 cents to 80 cents. "This quarter,...