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DBI earnings call for the period ending October 30, 2021.

Operator Good day and welcome to the Designer Brands Inc. 1Q 2021 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation, there will be an opportunity to ask questions. [Operator Instructions] Please note, this event is being recorded. I would now like to turn the conference over to Stacy Turnof. Please go ahead. Stacy Turnof -- Senior Vice President Good morning. Earlier today, the company issued a press release comparing results of operations for the 13-week period ending May 1st, 2021 to the 13-week period ending May 2nd, 2020. Plea...

Operator Good day and welcome to the Designer Brands Inc. Fourth Quarter and Fiscal Year 2020 Financial Results Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Stacy Turnof with Edelman. Please go ahead. Stacy Turnof -- Vice President Good morning. Earlier today, the company issued a press release comparing results of operations for the 13-week and 52-week periods ended January 30, 2021 to the 13-week and 52-week periods ending February 1, 2020. Please note that remarks made about the future expectations, plan...

Dive Brief: Designer Brands on Wednesday reported that third quarter net sales fell 30.1% year over year to $652.9 million. Online sales rose 3%, executives said during their earnings call, according to a transcript from Seeking Alpha. Comparable sales fell 30.4%, compared to the 0.3% increase in the year-ago period, according to a company press release. Executives said they will likely end up closing 10% to 15% of the store fleet, which in the U.S. could mean about 50 to 80 of the retailer's 524 locations. The retailer swung to a $40.6 million net loss in the quarter from $43.5 million in ne...