DSW, Inc. (DSW) Misses Q1 EPS by 3c, Maintains FY Guidance

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Go back to DSW, Inc. (DSW) Misses Q1 EPS by 3c, Maintains FY Guidance

DSW Inc. Reports First Quarter 2017 Financial Results

May 23, 2017 7:00 AM EDT

COLUMBUS, Ohio, May 23, 2017 /PRNewswire/ -- DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen week period ended April 29, 2017, compared to the thirteen week period ended April 30, 2016.

Roger Rawlins, Chief Executive Officer stated, "First quarter sales were challenging, but trends improved during the quarter with comps turning positive in April. As expected, planned clearance activity and the addition of Ebuys drove lower gross margin and operating income. The investments we have made in our digital capabilities, such as our redesigned website and... More