DSW, Inc. (DSW) Misses Q4 EPS by 11c, Revenues Beat
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DSW, Inc. (NYSE: DSW) reported Q4 EPS of ($0.07), $0.11 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $843.37 million versus the consensus estimate of $830.68 million.
Chief Executive Officer, Roger Rawlins, stated, "Fiscal 2018 was one of the best years in our Company's history from a comparable sales and earnings growth standpoint. We crossed the $3 billion revenue threshold for the first time and drove a +6% increase in comparable sales as we strengthened connections with our customers. We built a compelling product assortment, including the expansion of DSW Kids, a differentiated services offering with our W Nail Bar partnership, and the relaunch of our award-winning loyalty program. At the same time, we strategically positioned our Company to grow share and enhance profitability through transformative acquisitions, creating an infrastructure that positions us to be a significant force in the footwear industry for years to come."
For earnings history and earnings-related data on DSW, Inc. (DSW) click here.
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