DSW (NYSE:DSW) released its earnings results on Tuesday. The company reported $0.38 EPS for the quarter, beating the consensus estimate of $0.27 by $0.11, Morningstar.com reports. DSW had a net margin of 3.13% and a return on equity of 11.43%. The firm had revenue of $720.00 million for the quarter, compared to analyst estimates of $728.46 million. During the same period last year, the firm earned $0.20 EPS. The business’s quarterly revenue was up 6.7% compared to the same quarter last year. DSW updated its FY19 guidance to $1.52-1.67 EPS.
Shares of DSW (NYSE:DSW) opened at $19.60 on Tuesday. DSW has a one year low of $15.14 and a one year high of $22.72. The firm has a market cap of $1,526.34, a P/E ratio of 18.49, a PEG ratio of 1.90 and a beta of 0.74.
Several institutional investors and hedge funds have recently bought and sold shares of DSW. Brown Advisory Inc. acquired a new stake in shares of DSW in the 4th quarter valued at approximately $23,213,000. Greenlight Capital Inc. boosted its stake in shares of DSW by 35.1% in the 3rd quarter. Greenlight Capital Inc. now owns 3,049,000 shares of the company’s stock valued at $65,492,000 after purchasing an additional 792,894 shares in the last quarter. Mesirow Financial Investment Management Equity Management boosted its stake 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 valued at $16,030,000 after purchasing an additional 598,171 shares in the last quarter. Clark Capital Management Group Inc. boosted its position in DSW by 948.0% during the 4th quarter. Clark Capital Management Group Inc. now owns 645,239 shares of the company’s stock worth $13,815,000 after buying an additional 583,672 shares during the period. Finally, OppenheimerFunds Inc. boosted its position in DSW by 36.5% during the 4th quarter. OppenheimerFunds Inc. now owns 1,576,873 shares of the company’s stock worth $33,760,000 after buying an additional 421,408 shares during the period. Institutional investors own 97.04% of the company’s stock.
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.
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.