Designer Brands Inc. (NYSE:DBI) Q2 2023 Earnings Call Transcript

Dylan Carden : Got it. And then just another one quick one here. Nike, can you just [technical difficulty] what the business was historically. But I think I’m right in sort of a new relationship with Nike to reengage this channel. How are you thinking about the scale of the pace of the dynamics of that relationship kind of on — I think it launches this fourth quarter, right?

Doug Howe : Yeah. Dylan, this is Doug. Again, we continue to be very optimistic about that integrated partnership with Nike. We actually are going to be delivering the product a little bit earlier than we originally anticipated, about a month earlier. We actually have some products available on our site, and we’ll have a significant amount of units rolling out to our stores in the next couple of weeks. And again, that’s about a month earlier than we had anticipated. So again, that is definitely a tailwind. So we feel good about that. We haven’t shared specific with you with regards to how that brand would be. We shared obviously what it was historically, but we manage that very carefully as we manage all of our portfolio of brands. And it will really be informed obviously by what the customer is demanding and where we’re seeing the top-line.

Dylan Carden : Okay, that’s all I got.

Operator: Thank you. And ladies and gentlemen, this concludes our question-and-answer session. I’d like to turn the conference back over to Doug Howe for any final remarks.

Doug Howe : Well, thanks everyone, for tuning in today, and I just want to reiterate thanks to our team for all their dedication as we move throughout very challenging macroeconomic backdrop. We look forward to keeping you updated on our progress as we move through the back half of the year next quarter. So thanks again.

Operator: Thank you. This concludes today’s conference call. We thank you all for attending today’s presentation. You may now disconnect your lines and have a wonderful day.