Designer Brands issued USD12.713 million of gift-card value in the three months ended August 1, compared with USD12.490 million in the equivalent 2025 period. Its September 10 quarterly filing reports the issuance within a separate gift-card liability rollforward.

The data behind the story

Designer Brands quarterly gift-card issuance

Gift-card value issued in corresponding three-month reporting periods.

USD million
Source
designer-brands original SEC disclosure

Issuer consolidated monetary issuance, not card counts or merchandise revenue. The fiscal quarter endpoints differ by one day. No cause of the change is established.

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Designer Brands quarterly gift-card issuance (USD million)
CategoryGift-card value issued
Quarter ended August 2, 202512.490 USD million
Quarter ended August 1, 202612.713 USD million

The footwear group's combined redemption-and-breakage movement was USD14.024 million, versus USD14.151 million previously. That line does not establish how much customers spent or how much unredeemed value was recognized as breakage individually.

Outstanding gift-card obligations ended the quarter at USD23.208 million, compared with USD24.168 million a year earlier. The current quarter began with USD24.519 million. Issuance added to that obligation, while redemption and recognized breakage reduced it.

The data behind the story

Designer Brands quarter-end gift-card obligations

Outstanding gift-card liability at corresponding fiscal quarter ends.

USD million
Source
designer-brands original SEC disclosure

Balances are obligations at each date, not quarterly sales or redemptions. The separate rewards-program liability is excluded.

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Designer Brands quarter-end gift-card obligations (USD million)
CategoryGift-card liability
August 2, 202524.168 USD million
August 1, 202623.208 USD million

The same note presents reward-program liabilities separately. Their USD12.706 million ending balance should not be added to the reported gift-card balance as though it represented the same product.

The figures are monetary values converted from the filing's thousands-of-dollars presentation. They describe current gift-card activity and accounting obligations, without disclosing card counts, separate redemption and breakage totals or a change in the group's gift-card commercial terms.