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Designer Brands (DBI) and CMC reported robust financial results, highlighting strong operational performance and strategic growth across their respective sectors. Designer Brands achieved a significant 280 basis point increase in its consolidated gross margin during the fourth quarter. Furthermore, the company's full-year adjusted operating income exceeded the high end of its previous guidance, signaling disciplined financial execution. In the industrial sector, CMC recorded a massive 114% year-over-year surge in core EBITDA, reaching $297.5 million for its fiscal second quarter. CMC's performance was further bolstered by its recently acquired precast platform, which contributed $33.6 million to the adjusted EBITDA during the period. These results reflect positive momentum for both companies as they successfully navigate market challenges and exceed profitability targets.
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