Insight Report 3 minutes PremiumDesigner Warehouse (DSW) 2Q16 RESULTS: NEW KIDS LINE AND ACQUISITION OF EBUYS DRIVES SALES Coresight Research August 31, 2016 Executive Summary Designer Shoe Warehouse (DSW) reported 2Q16 adjusted EPS of $0.35 and beat the consensus estimate of $0.30. The adjusted EPS included $0.03 of acquisition-related costs and $0.02 in restructuring expenses. Revenues increased 5.1% to $658.9 million from $627.2 million in the second quarter last year, and just beat the consensus estimate of $658.7 million. Sales included $19.6 million from its acquisition of Ebuys. Comparable sales decreased 1.2%. Guidance was reiterated for full fiscal year earnings per share of $1.32 to $1.42. The company maintained its outlook for a comp decline in the low single-digits. The full-year revenue estimate is $2.78–$2.8B. 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: Consumers Report Staying Home for Lunar New Year: China Consumer Survey InsightsUS Drugstores—Retail 2024 Sector Outlook: Mid-Single-Digit Sales Growth; Stronger Focus on Healthcare Expansion10 Things To Know About Temu, the E-Commerce Marketplace Sweeping the US MarketUS Consumer Tracker: Avoidance Rises and Activity Slides
