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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.