Stock Market Watch

DSW Inc. – Raises guidance for FY12

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DSW Inc. (NYSE:DSW). Last Market Price: 44.47, Change: -0.38, % Change: (-0.85%). Shares trade in the range of 44.11 – 46.73 dollars. It has a market capitalization of 1.75B dollars, making it a Small Cap Stock and has 39.32M outstanding shares. The company has a beta of 1.39, indicating, the stock to be more volatile than the market. As per the most recent quarterly report, the net income per share (EPS) is 3.41; P/E of 13.04 indicating, that the stock price to be fair valued. It operates in Services sector and belongs to Retail (Apparel) industry. Percentage shares held by institutional investors is 73%. The company has a 52 week Price range (low – high) of $ 32.76 – 55.90. Average volumes of shares traded daily are 526,878. Volume traded in the last session was at 908,226, 1.72 times the average volume.

  • Reports Q3 (Oct)
    • EPS of $0.88 per share, better than the estimate
    • Revenues rose 8.5% year on year to $530.7 million
  • Company raises guidance for FY12, to $2.90-2.95 from $2.70-2.85
  • States: During the quarter, we generated an 8.5% increase in total sales and a 5.2% increase in comparable sales, for a two-year comparable sales gain of 15% and a three year comparable sales increase of 24% continued to capitalize on sales opportunities in men’s and accessories, both of which remained our fastest growth categories. Our new store performance exceeded our expectations and e-commerce sales remained robust.

For Q3 (Jul ’11), It had a Net profit margin of 30.59%, an Operating margin of 5.45%. Other Key stats and ratios are : Return on average assets of 52.25%, Return on average equity of 85.32%. The organization has an employee strength of 10,500

Consensus Recommendation is a Outperform.


Estimate for sales for the Year Ending Jan-11 show a mean of 1,811.00 million dollars, an estimate high of 1,825.60 million dollars and an estimate low of 1,801.20 million dollars.

Estimate for sales for the Year Ending Jan-12 show a mean of 2,015.36 million dollars, an estimate high of 2,041.00 million dollars and an estimate low of 1,991.81 million dollars. A year ago the figures stood at 1,882.46 million dollars.

Estimate for EPS for the Year Ending Jan-11 show a mean of 2.46 dollars, an estimate high of 2.65 dollars and an estimate low of 2.40 dollars.

Estimate for EPS for the Year Ending Jan-12 show a mean of 2.86 dollars, an estimate high of 2.96 dollars and an estimate low of 2.76 dollars. A year ago the figures stood at 2.39 dollars.

Sales for Quarter Ending Jul-11 was estimated at 460.27 million dollars, however the actual sales figure stood at 476.31 million dollars, 16.04 million dollars more than estimates.

Sales for Quarter Ending Apr-11 was estimated at 486.54 million dollars, however the actual sales figure stood at 503.59 million dollars, 17.05 million dollars more than estimates.

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edliston
Post Written By: Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing in his yacht.


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Ed Liston

Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications. He is widely quoted in various financial publications on the Internet. When Ed is not writing about stocks, investing in stocks, talking about stocks, or otherwise doing something stock related, he likes to go sailing and fishing.

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