Last $37.37 USD
Change Today +0.13 / 0.35%
Volume 790.4K
DSW On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 6:40 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

dsw inc-class a (DSW) Key Developments

DSW Inc. Announces Increase in Quarterly Dividend Payable on March 31, 2015

DSW Inc. announced that its Board of Directors approved a quarterly dividend of $0.20 per share, an increase of 6.7% from the $0.1875 per share announced last quarter. The dividend is payable on March 31, 2015 to shareholders of record at the close of business on March 20, 2015.

DSW Inc. Announces Promotion of Several Key Executives

DSW Inc. announced the promotion of several key executives.  These changes will be effective on February 2, 2015. Carrie McDermott, currently Executive Vice President, Sales and Operations, will be appointed as Executive Vice President and Chief Operating Officer.  Ms. McDermott has been at DSW for more than eight years. Ms. McDermott, in addition to her current responsibilities for Stores, DSW.com site operations, and the Shoephoria call center, will assume the responsibility for Marketing.  Bill Jordan, currently Executive Vice President and General Counsel, will be appointed as Executive Vice President and Chief Administrative Officer.  In his nine years with DSW, Mr. Jordan has taken on increasing responsibilities and has demonstrated strong management skills over a diverse group of functions, including Legal, Real Estate, and Human Resources. Roger Rawlins, Executive Vice President, Omni-Channel will be appointed Executive Vice President and Chief Innovation Officer.  In his nine years at DSW, Mr. Rawlins has served as Controller, General Manager of DSW.com, and  most recently has led its omni-channel initiative.  Harris Mustafa, Executive Vice President, Supply Chain, will be appointed as Executive Vice President and Chief Supply Chain Officer.  Mr. Mustafa has been at DSW for more than eight years.  The scope of the Supply Chain function continues to evolve as a part of its omni-channel initiative.  The Company has recently begun implementation of its assortment planning system, consolidated the stores and .com planning and buying functions, and is continuing to invest in its distribution and fulfillment capabilities.

DSW Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended November 1, 2014; Declares Quarterly Cash Dividend, Payable on December 31, 2014; Revises Earnings Guidance for the Full Year Ending January 31, 2015

DSW Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended November 1, 2014. For the quarter, the company announced net sales of $669,872,000 compared to $632,976,000 for the same period a year ago. Operating profit was $79,697,000 compared to $88,256,000 for the same period a year ago. Income from continuing operations before income taxes and income from town shoes of $80,297,000 compared to $89,292,000 for the same period a year ago. Income from continuing operations was $49,554,000 compared to $54,961,000 for the same period a year ago. Net income was $49,554,000 compared to $54,961,000 for the same period a year ago. Diluted earnings per share from continuing operations were $0.55 compared to $0.60 for the same period a year ago. Diluted earnings per share were $0.55 compared to $0.60 for the same period a year ago. Adjusted net income was $50,418,000 or $0.56 per diluted share compared to $53,643,000 or $0.58 per diluted share for the same period a year ago. For the nine months, the company announced net sales of $1,855,915,000 compared to $1,796,401,000 for the same period a year ago. Operating profit was $194,258,000 compared to $196,523,000 for the same period a year ago. Income from continuing operations before income taxes and income from town shoes of $196,451,000 compared to $198,380,000 for the same period a year ago. Income from continuing operations was $122,163,000 compared to $123,196,000 for the same period a year ago. Net income was $122,521,000 compared to $123,196,000 for the same period a year ago. Diluted earnings per share from continuing operations were $1.34 compared to $1.34 for the same period a year ago. Diluted earnings per share were $1.35 compared to $1.34 for the same period a year ago. Adjusted net income was $122,650,000 or $1.35 per diluted share compared to $144,072,000 or $1.57 per diluted share for the same period a year ago. The company’s board of directors declared a quarterly cash dividend payment of $0.1875 per share. The dividend will be paid on December 31, 2014 to shareholders of record at the close of business on December 19, 2014. The company revised earnings guidance for the full year ending January 31, 2015. For the year, the company expects adjusted earnings per share to range from $1.55 to $1.65 per share compared to the previous guidance of $1.50 to $1.65 per share. This assumes slightly positive comparable annual sales growth and annual revenue growth in the mid-single digit range. This guidance includes a tax rate slightly below 39% and diluted shares outstanding of 90.5 million.

DSW Inc. to Report Q3, 2015 Results on Nov 25, 2014

DSW Inc. announced that they will report Q3, 2015 results at 8:30 AM, US Eastern Standard Time on Nov 25, 2014

DSW Inc., Q3 2015 Earnings Call, Nov 25, 2014

DSW Inc., Q3 2015 Earnings Call, Nov 25, 2014

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
DSW:US $37.37 USD +0.13

DSW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
American Eagle Outfitters Inc $14.82 USD -0.11
Chico's FAS Inc $18.13 USD -0.10
Guess? Inc $17.93 USD -0.06
Skechers U.S.A. Inc $68.45 USD +0.18
Wolverine World Wide Inc $30.68 USD -0.18
View Industry Companies
 

Industry Analysis

DSW

Industry Average

Valuation DSW Industry Range
Price/Earnings 22.6x
Price/Sales 1.4x
Price/Book 3.3x
Price/Cash Flow 21.8x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact DSW INC-CLASS A, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.