Equities analysts expect DSW Inc. (NYSE:DSW) to report sales of $723.24 million for the current quarter, Zacks reports. Six analysts have made estimates for DSW’s earnings, with estimates ranging from $715.79 million to $731.30 million. DSW posted sales of $674.62 million during the same quarter last year, which suggests a positive year-over-year growth rate of 7.2%. The firm is scheduled to issue its next quarterly earnings results on Tuesday, March 13th.
On average, analysts expect that DSW will report full-year sales of $723.24 million for the current fiscal year, with estimates ranging from $2.80 billion to $2.81 billion. For the next fiscal year, analysts forecast that the company will post sales of $2.86 billion per share, with estimates ranging from $2.78 billion to $3.02 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for DSW.
DSW (NYSE:DSW) last announced its quarterly earnings data on Tuesday, November 21st. The company reported $0.45 EPS for the quarter, missing the Zacks’ consensus estimate of $0.53 by ($0.08). The firm had revenue of $708.30 million during the quarter, compared to the consensus estimate of $710.24 million. DSW had a net margin of 3.13% and a return on equity of 11.43%. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.51 earnings per share.
Several large investors have recently bought and sold shares of the company. Crossmark Global Holdings Inc. boosted its position in shares of DSW by 59.6% in the 4th quarter. Crossmark Global Holdings Inc. now owns 20,440 shares of the company’s stock worth $438,000 after purchasing an additional 7,630 shares during the last quarter. Boston Partners bought a new position in shares of DSW in the 4th quarter worth $2,955,000. Quantitative Systematic Strategies LLC boosted its position in shares of DSW by 44.9% in the 4th quarter. Quantitative Systematic Strategies LLC now owns 15,053 shares of the company’s stock worth $322,000 after purchasing an additional 4,662 shares during the last quarter. Mesirow Financial Investment Management Equity Management boosted its position in shares of DSW by 397.4% in the 4th quarter. Mesirow Financial Investment Management Equity Management now owns 748,686 shares of the company’s stock worth $16,030,000 after purchasing an additional 598,171 shares during the last quarter. Finally, Unison Advisors LLC bought a new position in shares of DSW in the 4th quarter worth $273,000. Institutional investors and hedge funds own 90.25% of the company’s stock.
DSW (NYSE:DSW) opened at $18.38 on Tuesday. The company has a market capitalization of $1,567.94, a price-to-earnings ratio of 17.73, a price-to-earnings-growth ratio of 1.94 and a beta of 0.76. DSW has a 12-month low of $15.14 and a 12-month high of $22.72.
DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for DSW Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DSW and related companies with MarketBeat.com's FREE daily email newsletter.