COLUMBUS, Ohio (AP) _ Designer Brands Inc. (DBI) on Tuesday reported fiscal third-quarter net income of $43.5 million.

On a per-share basis, the Columbus, Ohio-based company said it had net income of 60 cents. Earnings, adjusted for one-time gains and costs, were 67 cents per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The footwear and accessories retailer posted revenue of $936.3 million in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $927.5 million.

Designer Brands expects full-year earnings in the range of $1.50 to $1.55 per share.

Designer Brands shares have dropped 31% since the beginning of the year. The stock has fallen 30% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DBI at https://www.zacks.com/ap/DBI

Automated Insights, source Associated Press News