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DSW Inc (DSW.N)

DSW.N on New York Stock Exchange

23.13USD
10 Dec 2018
Change (% chg)

$-1.08 (-4.46%)
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Latest Key Developments (Source: Significant Developments)

Authentic Brands Group Partners With Dsw Inc. To Acquire Camuto Group, Legendary Footwear And Accessories Organization
Wednesday, 10 Oct 2018 07:00am EDT 

Oct 10 (Reuters) - DSW Inc ::AUTHENTIC BRANDS GROUP PARTNERS WITH DSW INC. TO ACQUIRE CAMUTO GROUP, LEGENDARY FOOTWEAR AND ACCESSORIES ORGANIZATION.DSW INC - ABG WILL PARTNER WITH DSW INC. TO ACQUIRE INTELLECTUAL PROPERTY OF CAMUTO GROUP'S PROPRIETARY BRANDS.DSW INC - ABG TO TAKE MAJORITY STAKE OF 60 PCT AND CO TO TAKE BALANCE OF 40 PCT.DSW - UNDER A SEPARATELY NEGOTIATED AGREEMENT, ABG TO PURCHASE INTELLECTUAL PROPERTY OF BERNARD CHAUS INC. BRANDS IN PARTNERSHIP WITH ARIEL CHAUS.DSW INC - ARIEL CHAUS WILL ALSO REPURCHASE BCI BUSINESS FROM CAMUTO GROUP.  Full Article

Dsw Inc. And Authentic Brands Group Announce Acquisition Of Legendary Footwear And Accessories Organization Camuto Group
Wednesday, 10 Oct 2018 07:00am EDT 

Oct 10 (Reuters) - DSW Inc ::. AND AUTHENTIC BRANDS GROUP ANNOUNCE ACQUISITION OF LEGENDARY FOOTWEAR AND ACCESSORIES ORGANIZATION CAMUTO GROUP.TOTAL CONSIDERATION PAID TO CAMUTO GROUP WILL BE APPROXIMATELY $375 MILLION..UNDER DEAL, CO WILL CONTRIBUTE ABOUT $200 MILLION TO ACQUIRE ALL OF CAMUTO GROUP'S GLOBAL PRODUCTION, SOURCING AND DESIGN INFRASTRUCTURE.CO WILL ALSO CONTRIBUTE EXISTING WORKING CAPITAL OF APPROXIMATELY $100 MILLION.DSW - WILL BUY LICENSING RIGHTS FOR JESSICA SIMPSON FOOTWEAR BUSINESS, FOOTWEAR AND HANDBAG LICENSES FOR LUCKY BRAND AND MAX STUDIO.DSW-WILL ALSO BUY LICENSING RIGHTS FOR JESSICA SIMPSON FOOTWEAR BUSINESS, AS WELL AS FOOTWEAR AND HANDBAG LICENSES FOR LUCKY BRAND® AND MAX STUDIO.WILL FUND ITS PORTION OF TRANSACTION THROUGH CURRENT CASH AND ITS EXISTING CREDIT FACILITY.WILL ALSO ACQUIRE JOINT VENTURE PARTICIPATION IN ED ELLEN DEGENERES AND MERCEDES CASTILLO BRANDS CURRENTLY MANAGED BY CAMUTO GROUP.DSW - WILL ALSO ACQUIRE JV PARTICIPATION IN ED ELLEN DEGENERES AND MERCEDES CASTILLO BRANDS CURRENTLY MANAGED BY CAMUTO GROUP.DSW - WILL CONTRIBUTE ABOUT $56 MILLION TO BUY 40% STAKE IN INTELLECTUAL PROPERTY OF CAMUTO GROUP'S PROPRIETARY BRANDS.CAMUTO GROUP'S CHIEF EXECUTIVE OFFICER ALEX DEL CIELO WILL CONTINUE TO LEAD ORGANIZATION.CAMUTO GROUP WILL MAINTAIN ITS EXISTING CONNECTICUT HEADQUARTERS.DSW - AUTHENTIC BRANDS GROUP WILL TAKE MAJORITY STAKE OF 60% IN INTELLECTUAL PROPERTY OF CAMUTO GROUP'S PROPRIETARY BRANDS.  Full Article

DSW Inc Q3 adjusted earnings per share $0.45
Tuesday, 21 Nov 2017 07:00am EST 

Nov 21 (Reuters) - DSW Inc :DSW Inc reports third quarter 2017 financial results.Q3 adjusted earnings per share $0.45.Q3 earnings per share $0.05.Q3 sales $708.3 million versus I/B/E/S view $709.6 million.Q3 same store sales fell 0.4 percent.Q3 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Sees FY 2017 adjusted earnings per share $1.40 to $1.45 including items.DSW Inc - qtrly ‍comparable sales decreased 0.4% with a negative impact of 50 to 60 BPs from hurricane disruption​.DSW Inc -fiscal 2017 ‍guidance does not include net charges related to impairment of goodwill and intangible assets​.DSW Inc - qtrly net income included pre-tax charges of $0.40per share related to net non-cash impairment charges related to goodwill and intangible assets​.  Full Article

Greenlight Capital dissolves stake in Alcoa, raises in Hewlett Packard Enterprise
Tuesday, 14 Nov 2017 05:21pm EST 

Nov 14 (Reuters) - :Greenlight Capital Inc dissolves share stake in Alcoa Corp - SEC filing.Greenlight Capital Inc dissolves share stake in Calpine Corp.Greenlight Capital Inc raises share stake in Hewlett Packard Enterprise Co by 75.4 percent to 7.8 million shares.Greenlight Capital Inc takes share stake of 3.96 million shares in Stars Group Inc.Greenlight Capital Inc takes share stake of 262,500 shares in Gap Inc.Greenlight Capital Inc cuts share stake in Dillard's Inc by 40.4 percent to 1.5 million Class A shares.Greenlight Capital Inc raises share stake in Tempur Sealy International Inc to 4 million shares from 400,00 shares.Greenlight Capital Inc raises share stake in Adient Plc to 1.73 million shares from 439,161 shares.Greenlight Capital Inc takes share stake of 8.4 million shares in Exela Technologies Inc.Greenlight Capital Inc raises share stake in DSW Inc by 35.1 percent to 3.05 million Class A shares.Change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

DSW enters credit agreement for $300 mln
Thursday, 31 Aug 2017 11:53am EDT 

Aug 31 (Reuters) - DSW Inc ::Says on Aug 25, co entered credit agreement among co, as the lead borrower, certain of its Canadian units that may become borrowers thereunder, others.Says ‍credit agreement provides for a senior unsecured $300 million revolving credit facility - SEC filing​.Says credit agreement provides for swing loans of up to $15 million, issuance of standby or commercial letters of credit of up to $50 million - SEC filing.Says credit agreement matures on August 25, 2022.Says credit agreement also provides issuance of loans or letters of credit denominated in optional currency in amount not to exceed of $75 million.  Full Article

DSW Inc Q2 earnings per share $0.35
Tuesday, 22 Aug 2017 07:00am EDT 

Aug 22 (Reuters) - DSW Inc :DSW Inc reports second quarter 2017 financial results.Q2 adjusted earnings per share $0.38.Q2 earnings per share $0.35.Q2 sales $680.4 million versus I/B/E/S view $666.1 million.Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S.Reaffirms FY 2017 adjusted earnings per share view $1.45 to $1.55.Board of directors declare quarterly dividend of $0.20 per share.Board of directors approve a new $500 million share repurchase authorization.Q2 same store sales rose 0.6 percent.FY2017 earnings per share view $1.41 -- Thomson Reuters I/B/E/S.Inventories at end of quarter were $527 million compared to $556 million for same period last year.  Full Article

DSW Q1 adjusted earnings per share $0.32
Tuesday, 23 May 2017 07:00am EDT 

May 23 (Reuters) - Dsw Inc :Dsw inc. Reports first quarter 2017 financial results.Q1 adjusted earnings per share $0.32.Q1 earnings per share $0.28.Q1 sales $691.1 million versus i/b/e/s view $684.1 million.Q1 earnings per share view $0.34 -- Thomson Reuters I/B/E/S.Reaffirms fy 2017 adjusted earnings per share view $1.45 to $1.55.Reaffirms fy 2017 earnings per share view $1.45 to $1.55 including items.Dsw inc qtrly inventories were $575 million compared to $563 million for same period last year.Dsw inc qtrly comparable sales decreased 3.0% compared to last year's 1.6% decrease.Dsw inc - on a cost per square foot basis, qtrly inventories declined by 2.6 percent.  Full Article

DSW Q4 adjusted earnings per share $0.20
Tuesday, 14 Mar 2017 07:00am EDT 

DSW Inc : DSW Inc. Reports fourth quarter and fiscal year 2016 financial results . Q4 adjusted earnings per share $0.20 . Q4 earnings per share $0.38 . Q4 sales $674.6 million versus I/B/E/S view $691.5 million . Q4 earnings per share view $0.16 -- Thomson Reuters I/B/E/S . Sees FY 2017 adjusted earnings per share $1.45 to $1.55 . DSW Inc- for fifty-three week period ending February 3, 2018, company expects revenue growth of 3% to 5% . DSW Inc- full year adjusted earnings per share is expected to range between $1.45 to $1.55 per diluted share . FY 2017 earnings per share view $1.41, revenue view $2.73 billion -- Thomson Reuters I/B/E/S .DSW Inc - company expects to open 12 to 15 net new locations in fiscal 2017.  Full Article

UPDATE 2-Thyssenkrupp workers, some investors give CEO time for Tata Steel deal

* DSW investor group also advocates time if needed (Recasts, adds investor voice, context)