DSW (DSW) Steps Over Analyst Estimates as Shares Climb to a 52-Week High

November 24, 2009 12:37 PM EST
DSW, Inc. (NYSE: DSW) shares are trading about 9% higher to $22.40 in early-afternoon trading today. Share of DSW also hit a 52-week high of $23 in today's session.

The company reported Q309 EPS of $0.60, beating the analyst estimates by 14 cents. Revenues for the quarter were $444.6, topping estimates by about $20 million.

Same store sales, open at least one year, were also up 8.7%.

The company also raised their FY09 EPS guidance to $0.90 - $1.00, marking about a 20 cent per share increase.

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