Sterne Agee CRT Cuts Price Target on DSW, Inc. (DSW) Following 2Q15 Earnings
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DSW Inc. Reports Second Quarter 2015 Financial Results
August 25, 2015 7:00 AM EDTCOLUMBUS, Ohio, Aug. 25, 2015 /PRNewswire/ -- DSW Inc. (NYSE: DSW), a leading branded footwear and accessories retailer, announced financial results for the thirteen week period ended August 1, 2015, which compares to the thirteen week period ended August 2, 2014.
Mike MacDonald, President and Chief Executive Officer, commented, "We were encouraged with our accomplishments in the second quarter. Our double digit earnings growth over the prior period reflected a significant shift in favor of regular priced merchandise selling. This shift enabled us to achieve meaningful merchandise margin rate expansion and gross profit dollar growth. We... More
