Sterne Agee CRT Reiterates Buy Following DSW (DSW) 1Q15

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Go back to Sterne Agee CRT Reiterates Buy Following DSW (DSW) 1Q15

DSW Inc. Reports First Quarter 2015 Financial Results

May 27, 2015 7:00 AM EDT

COLUMBUS, Ohio, May 27, 2015 /PRNewswire/ -- DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen week period ended May 2, 2015, which compares to the thirteen week period ended May 3, 2014.

Mike MacDonald, President and Chief Executive Officer stated, ''Our first quarter performance was a solid start to the spring season. Athletic footwear provided the strongest sales increase, but all major categories posted solid growth. Healthy regular priced sales and lower clearance inventory than last year drove a significant improvement in our gross profit rate.... More