In this article, we will take a look at the 9 Best Footwear Stocks to Buy Now.
The footwear industry has been facing pressure from macroeconomic instability and high tariffs. Most brands have raised prices only for select shoe styles as opposed to across-the-board increases. Data from Telsey Advisory Group shows relatively modest increases among the footwear brands when prices were raised.
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According to Telesy Advisory data, only a few brands increased prices by more than 10% on select items, while some shoe brands didn’t make any hikes. Footwear companies have remained cautious while raising prices to avoid consumer instability and maintain sales. The ongoing tariff uncertainties have been the major reason to the shoe price hikes.
Famous footwear brand Nike raised some retail prices on June 1, 2025, by an average of $2 to $10. The footwear brand did not make any price changes to Jordan products and kept all kids’ products at current price points.
Executives at footwear brands that have recently posted Q2 earnings didn’t talk much about price increases for the fall shopping season. Birkenstock Holding’s CEO, Ivica Krolo, mentioned that pricing “is not the only lever we have.” Krolo said that optimization of product mix and vendor negotiations are also key options to tackle the current situation effectively.
Overall, footwear brands have navigated tariff challenges with a cautious and targeted pricing strategy. This has worked well so far, and it will be essential for footwear companies to access consumer sentiment and adjust pricing strategies, if needed, accordingly.
With these market trends in mind, let’s turn to the 9 Best Footwear Stocks to Buy Now.
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Our Methodology
To compile the list of 9 best footwear stocks to buy now, we shortlisted the footwear companies from the Finviz screener. We then ranked these best footwear stocks in ascending order of the number of hedge fund holders. The data for hedge funds is taken from Insider Monkey’s Hedge Fund database, updated as of Q2 2025.
Note: The data was recorded on August 26.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
9 Best Footwear Stocks to Buy Now
9. Designer Brands Inc. (NYSE:DBI)
Number of Hedge Fund Holders: 15
Designer Brands Inc. (NYSE:DBI) is one of the best footwear stocks to buy now. On August 26, Designer Brands Inc. (NYSE:DBI) announced that it will release its second-quarter 2025 earnings on September 9, 2025.
On average, Wall Street expects Designer Brands to post earnings per share of $0.14 per share and revenue of around $730.59 million. On July 11, Telsey Advisory analyst Dana Telsey lowered the price target on DBI from $5 to $4, keeping its Market Perform rating. The analyst pointed out that despite the modest expectations, Designer Brands’ Q1 FY2025 results were disappointing.
The company posted $687 million in revenue, down by 8% from a year ago and missing consensus by $45.91 million. Telsey noted that the demand was softer than expected, with unfavorable conditions playing a role. The U.S. retail reported a 7.3% drop in comps and a 7.7% decline in total sales. The macroeconomic environment remains challenging, with pressure on the consumer remaining a concern. Telsey said that the impact from tariffs also remains an issue, with consumers reacting to higher prices. Designer Brands has not provided an outlook for the full year 2025 due to these uncertain conditions.
As of August 25, Telsey Advisory’s price target of $4 implies an upside of 8.55% from current levels.
Designer Brands Inc. (NYSE:DBI) is a leading designer, producer, and retailer of footwear brands and accessories. The company operates via three segments: the U.S. retail, the Canadian retail, and the brand portfolio segments.
