Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience


Pricing
Go Premium Now
Login
Best Dividend Stocks
Ex-Dividend Dates
High Yield Stocks
Strategies
Tools
Articles
Premium
Advisors
Guaranteed Income

DSW Inc company logo

News

DSW Posts Higher Q4 Results; Shares Rise (DSW)

Shauna O'Brien Mar 17, 2015


Before the opening bell on Tuesday, shares of shoe retailer DSW (DSW ) surged after the company reported better-than-expected results for the fourth quarter.


DSW’s Earnings in Brief


  • DSW reported earnings of $30.8 million, or 34 cents per share, compared to $28.1 million, or 30 cents per share, last year.
  • Excluding special items, EPS was 35 cents – above analysts’ view of 28 cents.
  • Net sales rose 11.9% to $640 million. Analysts expected to see revenue of $614.47 million.
  • Looking ahead to FY2015, the company expects to see sales growth between 7% and 8%. EPS is expected to be between $1.80 and $1.90 per share, while analysts expect to see $1.90.


CEO Commentary


Mike MacDonald, President and CEO commented: “We were gratified to report strong sales and profit growth in the fourth quarter. Our decisive actions earlier in the year in the areas of leadership, value, and marketing produced strong results. These actions produced the strongest comp performance in almost three years, with traffic gains in both store and digital channels. Further, we continue to invest in long term strategies that are making DSW more customer-centric and channel agnostic. We are excited to embark on the 2015 fiscal year with considerable momentum.”


DSW’s Dividend


DSW will pay its next 20 cent dividend on March 31. The stock is going ex-dividend on March 18.

DSW Dividend Snapshot

As of market close on March 16, 2015


DSW dividend yield annual payout payout ratio dividend growth


Click here to see the complete history of DSW dividends.


Stock Performance


Shares of DSW were up $2.40, or 6.51% during premarket trading Tuesday. The stock is down 1.21% YTD.


The Bottom Line


DSW (DSW ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Popular Articles