Designer Brands Inc Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Dylan Douglas Carden - William Blair & Company L.L.C., Research Division - Analyst : Just curious on the guidance. It sounds like it assumed sort of maybe a weaker direct channel and strength in the retail channel. And I'm just curious if that kind of corrects or sort of reverses back to trend line? What that might mean for the earnings outlook? If you can kind of just update us where you are as far as the margin profiles between the 2 channels. And also from an inflation or I'm just trying to clarify some of the comments around the promotional environment or the need perhaps for some clearance for that sort of more inflation stretch consumer, but also a potential offset from trade down? Are you seeing any of that early days kind of working through that, if that makes sense.

Question: Dylan Douglas Carden - William Blair & Company L.L.C., Research Division - Analyst : Great. And then I joined a little bit late, but I don't think you talked about weather, which you're going to hang up the phone when I ask you to talk about weather because I always -- you shouldn't, but it was a cooler spring. And I'm just kind of curious what you saw in your business there? How quickly you're able to react just given how supply chains are and kind of what that might mean for the second quarter outlook.