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Provider: Thomson Reuters Stock Report
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DSW Inc Raises FY 2013 Guidance; Updates FY 2013 Comparable Same Store Sales Guidance

Tuesday, 27 Aug 2013 07:00am EDT 

DSW Inc announced that for fiscal 2013, it expects earnings to range from $3.60 to $3.80 per share (EPS) compared to the previous range of $3.40 to $3.60 per share. The midpoint of the revised range represents a 10% increase in earnings per share. This assumes comparable sales growth in the low single digit range and revenue growth of 5% to 7% for the fifty-two week period compared to the fifty-three week period ending February 2, 2013. Excluding the sales of $32 million from fifty-third week in fiscal 2012, full year revenue growth for fiscal 2013 is expected in the range of 6% to 8%. 

Company Quote

-0.57 -1.59%
12:56pm EST