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Retail and Brands Segments Unlock Synergies Power of the Pair Supported by Positive Start to 3Q Raising Full Year 2026 Guidance Designer Brands Delivers Meaningful Profitability Gains in 2Q26 “Our second-quarter results represent a significant improvement in profitability year-over-year, highlighted by meaningful gross margin expansion as well as impressive sales growth in our Brand Portfolio segment.” “We remain focused on generating long term value for our shareholders and are encouraged by the progress we are making against our strategic plan. These efforts have contributed to improved retail trends and a positive start to the third quarter, giving us confidence in raising our full year guidance.” – Doug Howe, CEO Q2 FY26 Performance Punctuated By… >24% Topo Sales Growth YoY +18% Brand Portfolio Net Sales Growth YoY >100% YTD Op Income & Adj Op Income* Growth YoY Meaningful Profitability ImprovementNotable Brand Portfolio Growth 0% to + 1% $0.47 - $0.52 Designer Brands Net Sales Growth Adjusted Diluted Earnings per Share* Representing 50% increase at midpoint vs. prior guidance of $0.28 to $0.38 Double-Digit Exclusive Brands Wholesale Growth YoY *Non-GAAP measure Above previous guidance range of (1%)-1% Brand Portfolio 150 bps YTD Total Segment Op Margin Improvement YoY 140 bps Total Segment Gross Margin Increase YoY Scale Customer Acquisition Differentiated Product Diverse Channels of Distribution Sourcing Logistics Retail