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The company reported earnings of $30.8 million, or 34 cents per share, up from $28.1 million, or 30 cents per share, last year. Adjusted EPS was 35 cents, above analysts’ view of 28 cents.
Sales rose to $640 million from $572 million. Analysts expected to see revenue of $614.47 million.
The company expects to see FY2015 sales growth between 7% and 8% and EPS between $1.80 and $1.90. Analysts expect to see EPS of $1.90.
The company has taken advantage of the improving consumer confidence, and has been opening more stores, while improving existing stores.
In February, DSW boosted its quarterly dividend to 20 cents per share – lifting its yield to around 2%.
|NAESX||Vanguard Small Cap||1.64%|
|VTSMX||Vanguard Total Stock Index Fund||1.58%|
|CHNDX||Prudential Jennison Small Company||1.20%|
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