DSW, Inc. (DSW) Tops Q3 EPS by 3c, Lifts Outlook
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DSW Inc. Reports Third Quarter 2016 Financial Results
November 22, 2016 7:00 AM ESTCOLUMBUS, Ohio, Nov. 22, 2016 /PRNewswire/ -- DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen-week period ended October 29, 2016, compared to the thirteen-week period ended October 31, 2015.
Roger Rawlins, Chief Executive Officer of DSW Inc. stated, "This quarter reflects the first step in our return to year over year earnings growth. After four consecutive declines, we reported a 16% increase in Adjusted Earnings Per Share this quarter. Tighter inventory management drove improvements in gross margin which, combined with effective expense management, resulted in an increase in... More
