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