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DSW Inc (DSW.N)

DSW.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

DSW Q2 adjusted EPS $0.35
Tuesday, 30 Aug 2016 07:00am EDT 

Dsw Inc : Dsw Inc reports second quarter 2016 financial results . Q2 earnings per share $0.30 . Q2 sales $659 million versus I/B/E/S view $658.7 million . Q2 earnings per share view $0.30 -- Thomson Reuters I/B/E/S . Reaffirms FY 2016 adjusted earnings per share view $1.32 to $1.42 including items . Board of directors approves a quarterly dividend of $0.20 per share . Completed expense review and identified approximately $25 million of annualized savings resulting from organization realignment . Qtrly comparable sales decrease 1.4% . Approximately 30% of identified cost benefits, or $7 million, will be realized in 2016 and is included in company's full year guidance . Inventories were $556 million at quarter end compared to $505 million at end of q2 last year .Fy earnings per share view $1.36 -- Thomson Reuters I/B/E/S.  Full Article

DSW Inc files for potential stock shelf; size undisclosed
Thursday, 18 Aug 2016 01:12pm EDT 

Dsw Inc :Files for potential stock shelf; size undisclosed - SEC Filing.  Full Article

DSW says CFO Mary Meixelsperger resigned
Monday, 6 Jun 2016 05:00pm EDT 

DSW Inc : Says CFO Mary Meixelsperger resigned .DSW Inc says on June 6, 2016, co announced appointment of Jared Poff, senior vice president of finance, as its interim chief financial officer..  Full Article

DSW Inc says announces resignation of CFO, appoints interim CFO
Monday, 6 Jun 2016 04:15pm EDT 

DSW Inc - : Mary Meixelsperger, chief financial officer, has resigned from company effective on June 10, 2016 to pursue another opportunity . Promoted Jared Poff to senior vice president, finance, and interim chief financial officer, effective June 10 , 2016 . DSW has formed a search committee to assess internal and external candidates for chief financial officer position .DSW Inc. announces resignation of chief financial officer, appoints interim cfo.  Full Article

DSW reports Q1 adjusted earnings per share of $0.40
Tuesday, 24 May 2016 07:00am EDT 

Dsw Inc Sees Comparable Sales Decline 1% : Sets quarterly dividend of $0.20per share . Revised its full year earnings guidance reflecting "expectations for softer sales for balance of year in a challenging retail environment" . 2% for fy 2016 . 7% for fy 2016 . Dsw inc sees gross margin decline 100 to 150 bps for fy 2016 . Fy2016 earnings per share view $1.47, revenue view $2.59 billion -- Thomson Reuters I/B/E/S . Dsw inc. Reports first quarter 2016 financial results . Q1 adjusted earnings per share $0.40 . Q1 earnings per share $0.36 including items . Q1 sales $681 million versus i/b/e/s view $698.8 million . Q1 same store sales fell 1.6 percent . Q1 earnings per share view $0.45 -- Thomson Reuters I/B/E/S .Sees fy 2016 adjusted earnings per share $1.32 to $1.42.  Full Article

DSW Inc. to Acquire Ebuys, Inc
Wednesday, 17 Feb 2016 07:00am EST 

DSW Inc:Entered into a definitive agreement to acquire Ebuys, Inc., e-commerce off-price footwear and accessories retailer with a presence in North America, Europe, Australia and Asia.Ebuys, Inc. will continue to operate as a distinct business within DSW and maintain its offices in San Diego, California, and Antioch, Tennessee.David Duong will continue to lead the team as CEO of Ebuys, Inc.The purchase price includes an upfront payment of $62.5 million as well as future payments contingent on the performance of Ebuys, Inc.The Company anticipates that the impact of the acquisition, excluding purchase accounting adjustments and transaction costs, will be modestly accretive to earnings per share in fiscal 2016.The transaction is expected to close in the next 30 days.Peter J. Solomon Company served as financial advisor to DSW.Houlihan Lokey served as financial advisor to Ebuys Inc.  Full Article

DSW Inc announces CEO transition; board approves new $200 million share repurchase authorization
Tuesday, 3 Nov 2015 04:15pm EST 

DSW Inc:Announced that Roger L. Rawlins, Executive Vice President and Chief Innovation Officer, will succeed Michael R. MacDonald as Chief Executive Officer, effective January 1, 2016.MacDonald, who is retiring from DSW and from the Board of Directors, will remain with the Company through the end of the year to help ensure a smooth transition.Rawlins will be appointed to the DSW Board of Directors, effective January 1, 2016.DSW's Board of Directors has approved a new authorization for an additional $200 million in share repurchases.  Full Article

DSW Inc lowers FY 2015 EPS guidance; gives Q3 2015 guidance
Tuesday, 3 Nov 2015 04:15pm EST 

DSW Inc:Expects Q3 2015 revenues to be about $665 million, with comparable sales declining by approximately 3.9%.anticipates Q3 2015 earnings per share to be in the $0.41-$0.44 range.Expects FY 2015 earnings to be in the range of $1.40 to $1.50 per share.Company's previous FY 2015 earnings guidance was for EPS in the range of $1.80 to $1.90.  Full Article

DSW Inc declares quarterly cash dividend
Tuesday, 25 Aug 2015 07:00am EDT 

DSW Inc:Declares a quarterly cash dividend payment of $0.20 per share.Says the dividend will be paid on Sept. 30 to shareholders of record at the close of business on Sept. 18.  Full Article

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BRIEF-DSW Q1 adjusted earnings per share $0.32

* Q1 earnings per share view $0.34 -- Thomson Reuters I/B/E/S