DSW sales up 7% in third quarter

27/11/2013
Shoe retailer DSW has announced sales rose 6.6% in the third quarter ended November 2, compared with the same period last year.

CEO Mike MacDonald said:  "We achieved our highest level of profitability in the third quarter while navigating through a promotional environment.  We were encouraged by the improvement in traffic and sales at the end of the quarter, as the fall selling season got off to a delayed start."

The company, which operates 400 stores across the US, opened 16 outlets in the quarter.