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Growth continues for DSW

24/03/2014
US-based shoe retailer DSW has reported that sales rose 5% last year to $2.4 billion, driven by its expansion policy.

CEO Mike MacDonald said: "We marked our fifth consecutive year of double digit earnings growth in 2013. We have updated our store build out potential for full size units to a range of 500 to 550 stores.”

For the full year 2014, the company expects revenue growth of 6% to 7%, with comparable sales growth in the low-single digit range and will open 35 stores.



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