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Designer Brands' low P/E ratio is due to poor earnings and a...
Designer Brands' low P/E ratio is due to poor earnings and a negative growth forecast. Investors are pessimistic about earnings improvement, and a significant share price rise is unlikely. The P/E could drop further if profitability doesn't improve.
Designer Brands Inc. (NYSE:DBI) Looks Inexpensive But Perhaps Not Attractive Enough
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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