DSW Inc. (DSW) - NYSE
  • Fri, Jun. 17, 10:03 AM
    • Gap (GPS +3.7%) is back over $20 for the first time in over a month with some improved sentiment bubbling up over the retail sector.
    • The retailer's +4.5% dividend yield may be luring in some buyers
    • Other retail movers ahead of broad averages in early action include Nordstrom (JWN +2.3%), Tailored Brands (TLRD +3.6%), Pier 1 Imports (PIR +3.6%), Best Buy (BBY +2.8%), and DSW (DSW +2.5%). Perhaps it's coincidence, but all those companies boast a dividend yield of over 3%.
    | Fri, Jun. 17, 10:03 AM | 1 Comment
  • Wed, May 25, 11:21 AM
    • Investment firms reset expectations on DSW (DSW +7%) after factoring in the retailer's Q1 report and guidance update.
    • Jefferies lowers it price target on DSW to $26.
    • Telsey Advisory moves to a $23 PT from $26.
    • Canaccord Genuity turns the bearish of the bunch, dropping to a PT of $19.
    • Previously: DSW down after earnings miss in Q1 (May 24)
    | Wed, May 25, 11:21 AM | 1 Comment
  • Tue, May 24, 12:50 PM
    | Tue, May 24, 12:50 PM | 7 Comments
  • Tue, May 24, 9:14 AM
    | Tue, May 24, 9:14 AM | 7 Comments
  • Tue, May 24, 7:39 AM
    • DSW (NYSE:DSW) reports comparable sales fell 1.6% in Q1.
    • DSW business sales rose 1.8% to $623.03M.
    • ABG business sales decreased 0.3% to $43.14M.
    • Gross margin rate declined 250 bps to 30%due to higher markdowns and the addition of Ebuys.
    • Operating margin rate dropped 400 bps to 7.2%.
    • Inventory +0.6% on a cost per square foot basis.
    • Store count +29 Y/Y to 478.
    • FY2016 Guidance: Revenue: ~+6% to +7%; Comparable sales: -1% to -2%; Gross margin: -100 bps to -150 bps; Opex: +7% to +8%; Tax rate: ~39%; Adjusted EPS: $1.32 to $1.42; Shares outstanding: 83M.
    • DSW -8.84% premarket.
    | Tue, May 24, 7:39 AM
  • Tue, Mar. 15, 9:17 AM
    | Tue, Mar. 15, 9:17 AM | 4 Comments
  • Tue, Mar. 15, 7:43 AM
    • DSW (NYSE:DSW) reports comparable sales rose 0.7% in Q4.
    • DSW business sales increased 4.9% to $636.54M.
    • ABG business sales grew 7% to $35.5M.
    • Gross margin rate decreased 300 bps to 24.6% due to higher promotions.
    • Operating margin rate declined 400 bps to 2.5% for the quarter.
    • Inventory +1.5% on a cost per square foot basis.
    • Store count +37 Y/Y to 468.
    • FY2016 Guidance: Revenue: +8% to +10%; Comparable sales: +1% to +2%; Tax rate: 39%; Adjusted EPS: $1.54 to $1.64; Shares outstanding: 83M.
    • DSW +9.13% premarket.
    | Tue, Mar. 15, 7:43 AM | 1 Comment
  • Nov. 30, 2015, 12:55 PM
    • It's not a happy Cyber Monday for most retail chain stock on broad concerns over soft store traffic and weak pricing.
    • Notable decliners include Guess (GES -5.5%), Express (EXPR -4.6%), Zumiez (ZUMZ -7%), Foot Locker (FL -1.7%), Finish Line (FINL -2.1%), Urban Outfitters (URBN -4.4%), Francesca's (FRAN -2.9%), DSW (DSW -2.7%), and Men's Wearhouse (MW -3.3%).
    • Discounters are down sharply, led by Big Lots (BIG -5.4%), Gordmans Stores (GMAN -6%), and Five Below (FIVE -4.3%).
    • Big box retailers Wal-Mart (WMT -1.3%), Costco (COST -1.4%), and Target (TGT -1.4%) are lower with concerns over website capabilities lingering in the background. Best Buy (BBY +1.1%) is a bit of a surprise with a 1.4% gain after reports indicate demand for Apple products is exceptionally strong.
    • Specialty retailers such as The Container Store (TCS +1.6%), Party City (PRTY +1.2%), and The Michaels Companies (MIK +1.4%) are also retail outliers as consumers are seen spending a higher percentage of their disposable income close to their homes.
    • Previously: Retail stocks on watch after Amazon scoops up more Black Friday sales (Nov. 30 2015)
    • Previously: Department stores stocks weak on holiday sales anxiety (Nov. 30 2015)
    | Nov. 30, 2015, 12:55 PM | 11 Comments
  • Nov. 20, 2015, 11:47 AM
    • The S&P Retail ETF (NYSEARCA:XRT) is up 1.9% with apparel and footwear stocks doing much of the heavy lifting.
    • A vibrant rally in sports stocks was sparked by earnings reports and Nike. Iconix Brand (ICON +2.5%), G-III Apparel (GIII +3%), DSW (DSW +3.7%), Finish Line (FINL +3.1%), Caleres (CAL +2.2%), Genesco (GCO +3.5%), and Shoe Carnival (SCVL +1.7%) join the list reported on earlier.
    • Luxury names are on the move with Kate Spade (KATE +2%), Fossil (FOSL +2.9%), Coach (COH +1.4%), and Movado (MOV +2.7%) higher.
    • The beat-up mall retailer group is also recovering after results from Gap (GPS +6%) and Abercrombie & Fitch (ANF +19.4%) topped worst-case scenarios. American Eagle Outfitters (AEO +2.3%), Guess (GES +4.6%), and Pacific Sunwear (PSUN +5.4%) are notable gainers.
    • Big box retailers are the laggards today. Wal-Mart, Target (TGT +0.6%), and Costco (COST +0.6%) are right at market index averages.
    | Nov. 20, 2015, 11:47 AM | 2 Comments
  • Nov. 4, 2015, 1:45 PM
    • DSW (NYSE:DSW) trades sharply lower after the company announces preliminary Q3 financial results.
    • The company expects revenue of $665M and EPS to fall in a range of $0.41 to $0.44. Both marks are well short of consensus estimates. Weakness in the women's category was cited by management.
    • DSW also announced that CIO Roger Rawlins will replace the retiring Mike McDonald as CEO.
    • SEC Form 8-K
    • DSW -9.2% with shares hitting a 52-week low of $21.23 earlier.
    | Nov. 4, 2015, 1:45 PM
  • Nov. 4, 2015, 9:15 AM
    | Nov. 4, 2015, 9:15 AM | 2 Comments
  • Nov. 3, 2015, 5:38 PM
    • Top gainers, as of 5.25 p.m.: TSLA +10.5%. DPLO +10.5%. ZEN +9.3%. CHUY +8.3%. MXL +7.7%.
    • Top losers, as of 5.25p.m.: ENPH -19.0%. QUAD -14.0%. CLLS -11.9%. DSW -11.4%. X -9.7%.
    | Nov. 3, 2015, 5:38 PM | 21 Comments
  • Oct. 23, 2015, 10:37 AM
    • Shoe stocks are falling sharply after earnings reports from Skechers (SKX -34%) and Under Armour (UA -4.1%) reset expectations on a sector where valuation has been stretched out.
    • Decliners today include Rocky Brands (RCKY -1.7%), Crocs (CROX -2.2%), Steven Madden (SHOO -6.2%), Deckers Outdoor (DECK -4.5%), Columbia Sportswear (COLM -9.2%), Nike (NKE -1.8%), DSW (DSW -3.7%), and Caleres (CAL -4.3%).
    • Retail shoe selling channels such as Dick's Sporting Goods (DKS -2.3%), Foot Locker (FL -5.8%), and Finish Line (FINL -4.4%) are also sinking.
    • Previously: Revenue miss at Skechers has investors scrambling (Oct. 23 2015)
    | Oct. 23, 2015, 10:37 AM | 28 Comments
  • Aug. 25, 2015, 12:46 PM
    | Aug. 25, 2015, 12:46 PM | 2 Comments
  • Aug. 25, 2015, 7:20 AM
    • DSW (NYSE:DSW) reports comparable sales rose 1.8%.
    • DSW business sales grew 7% to $592.58M.
    • ABG business sales were up 4% to $34.62M.
    • Gross margin rate increased 120 bps to 30.5%
    • Store count +39 Y/Y to 449.
    • The company expects FY2015 EPS to be in the range of $1.80 to $1.90.
    • Q2 results
    | Aug. 25, 2015, 7:20 AM
  • Jul. 30, 2015, 10:48 AM
    • Shoe stocks are higher after Skechers (SKX +13.8%), Steve Madden (SHOO +2.9%), and Crocs (CROX +8.7%) all top estimates in Q2.
    • Skechers showed the strongest growth rates of the trio, although pricing and demand trends look positive across the sector.
    • Notable shoe movers include Wolverine Worldwide (NYSE:WWW) +1.3%, Deckers Outdoor (NYSE:DECK) +1.0%, DSW (NYSE:DSW) +1.9%.
    | Jul. 30, 2015, 10:48 AM | 5 Comments
Company Description
DSW, Inc. engages in the provisions of footwear and accessories. It offers a range of footwear products such as casual and athletic footwear, handbags as well as accessories for women, men and kids. It operates through the following segments: DSW stores, dsw.com and ABG segment. DSW, Inc. was... More
Sector: Services
Industry: Apparel Stores
Country: United States