Strong third quarter results for DSW - footwearbiz: Leading site for g

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Strong third quarter results for DSW

01/12/2006

US branded footwear retailer DSW Inc., recorded net income of $16 million on net sales of $332.2 million for the third quarter to the end of October. This compared with net income of $10.9 million on net sales of $302.2 million for the same period last year. Comparable store sales for the third quarter increased 2.6% compared with the same period in 2005.

For the nine months to the end of October, net income reached $48.9 million on net sales of $950 million, compared with net income of $27.1 million on net sales of $860.3 million for the same period in 2005. Comparable store sales for the nine-month period were up 3% on the previous year.

Headquartered in Columbus, Ohio, DSW offers a selection of brand name and designer dress, casual and athletic footwear for women and men. As of November 29, the company operated 220 stores in 35 states across the United States.


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