MKM Partners Cuts Price Target on DSW, Inc. (DSW) Following 1Q Miss
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DSW Inc. Reports First Quarter 2016 Financial Results
May 24, 2016 7:00 AM EDTCOLUMBUS, Ohio, May 24, 2016 /PRNewswire/ -- DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen week period ended April 30, 2016, which compares to the thirteen week period ended May 2, 2015.
Roger Rawlins, Chief Executive Officer stated, "We have reduced our sales and earnings guidance to reflect the current trend of our business in a challenging retail environment. This is the prudent action to take so that inventory, expenses and capital investments are aligned to maximize profitability and positioned to expand earnings as our trend... More
