Higher sales at DSW
US branded footwear retailer DSW Inc. has posted improved results for the fourth quarter and full year ended February 3.
Net income for the fourth quarter reached $16.6 million on net sales of $329.1 million, compared with net income of $10 million on net sales of $283.8 million for the comparable quarter in the prior year.
For the fifty-three week fiscal year, net income improved significantly to $65.5 million on net sales of $1.28 billion, compared with net income of $37.2 million on net sales of $1.14 billion for the previous fifty-two week fiscal year.
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