DSW (DSW $47.05 -0.16) reported second quarter earnings of $0.74 per
share, $0.12 better than the Capital IQ Consensus Estimate of $0.62.
Revenues rose 14.7% year/year to $476.3 million versus the $460.9 million
consensus.
For its fiscal year 2012, the company expects to see earnings in the range of
$2.70 to $2.85 vs. $2.80 Capital IQ Consensus Estimate and above prior guidance
of $2.65 to $2.80. Comparable sales for the second quarter increased 12.3%
versus +12.0% in the second quarter of 2010. The company's Board approved a
special dividend of $2.00 per share.






