DSW Inc. Reports First Quarter 2016 Financial Results

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Canaccord Genuity Cuts Price Target on DSW, Inc. (DSW) Following 1Q Miss and Guidance

May 25, 2016 9:49 AM EDT

Canaccord Genuity maintained a Hold rating on DSW Inc. (NYSE: DSW), and cut the price target to $19.00 (from $20.00), following the company's 1Q earnings report. Results for the quarter missed expectations, driven by lower gross margin (-8c) and lower revenue (-1c), partially offset by lower SG&A growth (+2c) and lower shares outstanding (+1c).

Analyst Camilo Lyon commented, "While we were expecting a soft Q1, DSW's Q1 results were well short... More

Jefferies Cuts Price Target on DSW, Inc. (DSW) to $26 Following 1Q Shortfall

May 25, 2016 9:29 AM EDT

Jefferies maintained a Buy rating on DSW Inc. (NYSE: DSW), and cut the price target to $26.00 (from $33.00), following the company's 1Q earnings report.

Analyst Edward Plank commented, "DSWs 1Q shortfall and steep cut to what we viewed as already conservative FY... More

BB&T Capital Remains Sidelined on DSW, Inc. (DSW) Following 1Q Miss

May 25, 2016 6:55 AM EDT

BB&T Capital reiterated a Hold rating on DSW Inc. (NYSE: DSW) following the company's 1Q earnings report. DSW reported EPS of $0.40, below consensus of $0.46. Sales were lower than expected, on a -1.6% comp, below consensus of +0.2%.

Analyst Corinna Freedman... More

MKM Partners Cuts Price Target on DSW, Inc. (DSW) Following 1Q Miss

May 24, 2016 2:43 PM EDT

MKM Partners maintained a Neutral rating on DSW Inc. (NYSE: DSW), and cut the price target to $21.00 (from $24.00), following the company's 1Q earnings report. Comps decreased 1.6% vs. the Street's flat forecast, and adjusted EPS fell 22% to $0.40 vs. Street at $0.46.

Analyst Patrick McKeever... More

DSW, Inc. (DSW) Declares $0.20 Quarterly Dividend; 3.7% Yield

May 24, 2016 7:10 AM EDT

DSW, Inc. (NYSE: DSW) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on June 30, 2016, to stockholders of record on June 16, 2016, with an ex-dividend date of June 14, 2016.

The annual yield on the dividend is 3.7... More

DSW, Inc. (DSW) Misses Q1 EPS by 6c, FY EPS Guidance Falls Short

May 24, 2016 7:09 AM EDT

DSW, Inc. (NYSE: DSW) reported Q1 EPS of $0.40, $0.06 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $681.3 million versus the consensus estimate of $699.58 million.

Comparable sales decreased by 1.6% compared to last year's increase of... More