Sales at DSW rise 16%

09/02/2007

US branded footwear specialty retailer DSW Inc. has reported net sales of $329.1 million for the fourteen-week fourth quarter ended February 3. This equates to a 16% increase over the $283.8 million reported in the thirteen-week comparable quarter ended January 28, 2006.

Net sales for the fifty-three week fiscal year increased 12% to $1.28 billion compared with $1.14 billion for the fifty-two week fiscal year ended January 28, 2006.

Headquartered in Columbus, Ohio, DSW offers a selection of brand name and designer dress, casual and athletic footwear for women and men.

As of February 3, the company operated 223 stores in 35 US states and supplied footwear to 360 leased locations (30 for related retailers and 330 for non-related retailers) in the United States.