Designer Brands has raised its third-quarter outlook following a strong start to the period. The company reported higher profit in the second quarter despite lower sales, driven by improved margins and cost controls. The updated forecast reflects positive momentum in its footwear and accessories business.

Management cited better-than-expected performance in key product categories and inventory optimization as factors behind the improved profitability. The company continues to focus on operational efficiency and brand strength to sustain growth. Designer Brands remains confident in its ability to deliver value amid a challenging retail environment.

The revised guidance signals renewed investor confidence in the company's turnaround efforts.