DSW reports improved sales
US branded footwear retailer DSW Inc. has reported net income of $15.3 million on net sales of $301.3 million for the second quarter ended July 29, compared with net income of $9.3 million on net sales of $276.2 million for the comparable period in 2005. Comparable store sales for the second quarter of 2006 increased 2.2% compared with the same period last year.
For the six months ended July 29, net income reached $32.9 million on net sales of $617.8 million, compared with net income of $16.2 million on net sales of $558 million for the comparable period last year. Comparable store sales for the six months ended July 29 increased 3.2%.
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