Item 2.02 Results of Operations and Financial Condition.
On March 17, 2020, Designer Brands Inc. (the "Company") issued a press release
announcing its consolidated financial results for the fourth quarter ended
February 1, 2020. A copy of the press release is attached as Exhibit 99.1 hereto
and incorporated by reference herein.
Pursuant to General Instruction B.2 of Current Report on Form 8-K, the
information in this Item 2.02, including Exhibit 99.1, is being furnished and
shall not be deemed to be "filed" for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended, or otherwise subject to the liability of that
section. Furthermore, the information in this Item 2.02 shall not be deemed to
be incorporated by reference into the filings of the Company under the
Securities Act of 1933, as amended.


Item 8.01 Other Events.
Declaration of First Quarter Dividend

The Company announced in the press release attached as Exhibit 99.1 that the
Company's Board of Directors (the "Board") declared of a dividend of $0.10 per
share, a reduction from the previous level of $0.25 per share, in order to
preserve the Company's liquidity due to the potential impacts of COVID-19. The
dividend will be paid on April 10, 2020 to shareholders of record at the close
of business on March 30, 2020. The Company expects to return to normal
investment and distribution policies as the Company returns to normalcy and
volatility subsides, however the Company's Board will continue to review the
dividend policy from time to time, and the declaration, timing, amount and
payment of future dividends remain at the discretion of the Board.

Store Closures

The Company also announced the temporary closure of all its North American retail locations, effective as of close of business on March 17, 2020. The Company's online business remains open.




Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.


      Exhibit Number               Description
           99.1                      Press Release of Designer Brands Inc., dated     March 17, 2020    .
            104                    Cover Page Interactive Data File

(embedded within the Inline XBRL document)


--------------------------------------------------------------------------------

                                   Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Designer Brands Inc.
                              By:   /s/ Michelle C. Krall
                                    Michelle C. Krall
                                    Senior Vice President, General Counsel and Secretary

Date:    March 17, 2020

© Edgar Online, source Glimpses