DSW Inc. (DSW) said it estimates comparable store sales of approximately positive 6% to 8% for the third quarter ending October 31, 2009.
As a result of better-than-expected sales performance, margin improvement and operational expense leverage for the ten week period ended October 10, 2009, the Company now estimates flat annual comparable store sales, compared to the previous estimate of annual comparable store sales in the negative mid-single digits.
The company now sees annual earnings per share of $0.70 to $0.80 for fiscal 2009, up from the previous earnings per share outlook of $0.37 to $0.45 for fiscal 2009.
Analysts polled by Thomson Reuters expect the company to report earnings of $0.44 per share. Analysts' estimates typically exclude special items.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.