DSW (DSW) Tops Q1 EPS by 5c, Guides Higher For Full-Year
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DSW Inc (NYSE: DSW) reports Q1 EPS of $0.40, 5 cents better than estimates.(0.35) Revenues were $316.5 million vs. $320.62 million consensus.
Based on the first quarter performance reported today, the Company raised its current estimate for fiscal 2006 annual diluted earnings per share to a range of $1.24 to $1.27, up from its previous estimate of $1.22 to $1.25. Current consensus is $1.24.
Comparable store sales are projected to increase 3-5%. The Company also plans to open 30 DSW stores during the year.
Based on the first quarter performance reported today, the Company raised its current estimate for fiscal 2006 annual diluted earnings per share to a range of $1.24 to $1.27, up from its previous estimate of $1.22 to $1.25. Current consensus is $1.24.
Comparable store sales are projected to increase 3-5%. The Company also plans to open 30 DSW stores during the year.
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