DSW Inc. (DSW) announced Thursday morning that it expects third quarter comparable stores sales to be up between 6% and 8%. The company has increased its full year EPS guidance to between $0.70 and $0.80, due to better than expected sales. The consensus estimate is for EPS of $0.44.
DSW Inc. gapped open sharply higher Thursday and is now up 2.56 at $20.22 on strong volume. The stock has broken out of a one-week range and is now trading at a new high for the year.
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