v3.26.1
Earnings Per Share
3 Months Ended
May 02, 2026
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share is based on net income (loss) attributable to Designer Brands Inc. and the weighted average of Class A and Class B common shares outstanding. Diluted earnings per share reflects the potential dilution of common shares adjusted for outstanding stock-based compensation awards calculated using the treasury stock method. The dilutive effect of outstanding stock-based compensation awards is applicable only in periods when we have net income attributable to Designer Brands Inc.

The following is a reconciliation between basic and diluted weighted average shares outstanding, as used in the calculation of earnings (loss) per share attributable to Designer Brands Inc., and the anti-dilutive shares excluded from the calculation of diluted earnings (loss) per share attributable to Designer Brands Inc.:
Three months ended
(in thousands)
May 2, 2026May 3, 2025
Weighted average basic shares outstanding
50,241 48,243 
Dilutive effect of stock-based compensation awards
5,679 — 
Weighted average diluted shares outstanding
55,920 48,243 
Anti-dilutive shares1,392 7,538