DSW, Inc. (DSW) Tops Q4 EPS by 4c, Sales Miss; Guides In-Line

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Go back to DSW, Inc. (DSW) Tops Q4 EPS by 4c, Sales Miss; Guides In-Line

DSW Inc. Reports Fourth Quarter and Fiscal Year 2016 Financial Results

March 14, 2017 7:00 AM EDT

COLUMBUS, Ohio, March 14, 2017 /PRNewswire/ -- DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen week and fifty-two week periods ended January 28, 2017, compared to the thirteen week and fifty-two week periods ended January 30, 2016.

Roger Rawlins, Chief Executive Officer stated, "Our fourth quarter continued our return to year over year profitability growth, with top line results that met our comp guidance. Inventory management and a product-focused campaign drove significantly higher gross margin, which, coupled with better expense control, resulted in a 22% increase in adjusted... More