Auriga Maintains a 'Buy' on DSW Inc. (DSW); First Look at Q4 Earnings and Guidance
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Price: $22.51 --0%
Rating Summary:
6 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
6 Buy, 18 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Auriga maintains a 'Buy' on DSW Inc. (NYSE: DSW).
Analyst, Claire Gallacher, said, "DSW reported EPS of $0.51 vs consensus of $0.49 and our estimate of $0.51. This represents a 25% increase versus 4Q10. Comps increased 5.6% compared with guidance of +mid single digit %. We estimated comps +5.5% and consensus stood at +5.0%. Revenue increased 10%, to $514mm. This compares with consensus of $509mm, +9%. Sales were broad-based across key categories and geographic regions. Cash totaled $430mm compared with $391mm at the end of 2010. Inventories were $334mm, +8%. This compares with a 10% increase in sales. 2012 Guidance -New guidance includes comps +2-4% for the year. This is inline with expectations as our model assumes a comp of 3.3% for next year."
For an analyst ratings summary and ratings history on DSW Inc. click here. For more ratings news on DSW Inc. click here.
Shares of DSW Inc. closed at $54.33 yesterday.
Analyst, Claire Gallacher, said, "DSW reported EPS of $0.51 vs consensus of $0.49 and our estimate of $0.51. This represents a 25% increase versus 4Q10. Comps increased 5.6% compared with guidance of +mid single digit %. We estimated comps +5.5% and consensus stood at +5.0%. Revenue increased 10%, to $514mm. This compares with consensus of $509mm, +9%. Sales were broad-based across key categories and geographic regions. Cash totaled $430mm compared with $391mm at the end of 2010. Inventories were $334mm, +8%. This compares with a 10% increase in sales. 2012 Guidance -New guidance includes comps +2-4% for the year. This is inline with expectations as our model assumes a comp of 3.3% for next year."
For an analyst ratings summary and ratings history on DSW Inc. click here. For more ratings news on DSW Inc. click here.
Shares of DSW Inc. closed at $54.33 yesterday.
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