Insight Report 2 minutes PremiumDesigner Shoe Warehouse (DSW) 1Q16 Results: Misses on Revenue and EPS, Lowers Guidance Coresight Research May 24, 2016 Executive Summary DSW reported 1Q16 revenues of $681.3 million, up 3.9% year over year but below the consensus estimate of $698.8 million. Adjusted EPS, which excludes $0.04 per share from purchase accounting, was $0.40, below the $0.46 consensus estimate. Comparable-store sales increased by 1.6%, compared to a 5.1% increase in the year-ago quarter. The company reduced its comp, revenue, margin and EPS guidance for 2016, citing current trends in a challenging environment. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: New Challenges and Opportunities in Luxury—Insights Presented at Shoptalk 2023Mass Merchandisers Gain from Cyber Monday: US Consumer Survey Insights 2023, Week 50Earnings Insights 1Q24, Week 1: L’Oréal and Skechers Report Positive Sales Growth, Columbia Sportswear and Levi’s Post Sales DeclinesPrivate Label vs. Name Brands: Uncovering Growth Opportunities in the US Food and Beverage Market
