DSW to Purchase Retail Ventures, Stake
DSW DSW announced that it will acquire Retail Ventures RVI and the 62% stake the latter firm currently owns in DSW. The transactions calls for shareholders of Retail Ventures to receive 0.435 share of...
View ArticleDSW Parent Reviews Strategic Options
Late Tuesday, DSW's DSW parent company, Retail Ventures RVI, announced that it sold its Filene's Basement subsidiary to an entity owned by liquidation firm Buxbaum Group because the chain was...
View ArticleConsumers Trade Down to DSW in 3Q
Generally speaking, we believe DSW DSW has done a decent job weathering a difficult consumer climate. Revenues increased 6.5% during the third quarter, as new store contribution counterbalanced the...
View ArticleDSW's Top-Line Momentum Continues in Second Quarter; Placing Shares Under Review
DSW DSW continues to impress on the top line, with same-store sales charging ahead in the second quarter despite tough comparables from the prior year. The firm's profit margins did not hold up, though...
View ArticleDSW's First Quarter Hampered by Weak Traffic and Charges, but Guidance...
DSW DSW, challenged by inclement weather and a tough comparison from the previous year, reported weakening same-store sales in its first quarter, its first decline in over three years. However, the...
View ArticleDSW to Pay Fourth-Quarter Dividend Before the New Year
DSW DSW announced that it will be accelerating the payment of its fourth-quarter dividend, typically paid out in March, to the end of December. The fourth-quarter dividend will be paid in conjunction...
View ArticleDSW Reiterates Full-Year Guidance, but Disappoints Street with Second-Quarter...
DSW DSW reiterated its 2012 earnings outlook, but guided to a weak second quarter relative to the previous year. The firm's second-quarter expectations fell below market consensus, which has resulted...
View ArticleDSW Under Review
On Jan. 10, DSW DSW issued a couple of encouraging business updates. For starters, the company announced that it was increasing its earnings per share guidance range from $2.90-$2.95 to $2.96-$2.99 for...
View ArticleDSW Reports 4Q, Names New CEO
DSW's DSW soft fourth-quarter results were symptomatic of a difficult consumer environment, especially for discretionary purchases like footwear. However, with a growing portfolio of popular footwear...
View ArticleDSW Reports 1Q Results
DSW DSW delivered first-quarter results that were generally in line with our expectations, and there is no change to our fair value estimate. Although we anticipate discretionary spending turbulence...
View Article
More Pages to Explore .....