DSW (DSW) changes its corporate name to Designer Brands (DBI)

In March 2019, DSW rebranded their corporate name to Designer Brands. The company also changed its ticker symbol on the NYSE from "DSW" to "DBI" effective April 2, 2019.

DSW (DSW) earnings on Tue 19 March 19 (b/o)

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DSW misses by $0.12, reports revs in-line

• Reports Q4 (Jan) loss of $0.07 per share, $0.12 worse than the S&P Capital IQ Consensus of $0.05; revenues rose 16.4% year/year to $843.4 mln vs the $842.73 mln S&P Capital IQ Consensus. Comps +5.4% vs 5.2% estimate
• The Company also announced a 3-year Long-Range Plan, which the Company will discuss in detail at its Investor Day today. The Company will also provide its outlook for Fiscal 2019 at the Investor Day.

DSW (DSW) reported earnings on Tue 11 Dec 2018 (b/o)

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DSW beats by $0.19, beats on revs; Q3 comps +7.3%; raises FY19 EPS, revenue, and comp guidance

• Reports Q3 (Oct) earnings of $0.70 per share, excluding non-recurring items, $0.19 better than the S&P Capital IQ Consensus of $0.51; revenues rose 17.2% year/year to $833 mln vs the $791.23 mln S&P Capital IQ Consensus. Comparable sales increased 7.3% for the same 13-week periods ended November 3, 2018 and November 4, 2017. Reported gross profit, as a percent of sales, increased by 220 bps, driven by favorable merchandise margin and business mix.
• Co issues raised guidance for FY19, sees EPS of $1.70-1.85 from $1.60-1.75, excluding non-recurring items, vs. $1.72 S&P Capital IQ Consensus; sees FY19 revs of +12-14% from +6-9% to ~$3.13-3.19 bln vs. $3.04 bln S&P Capital IQ Consensus. Co raises comp guidance for FY18 to mid to high single digits from low to mid single digits prior guidance. Guidance excludes year-to-date losses of $0.07 per share from the wind down of operations for business exits. Camuto Group acquisition is expected to contribute pro forma double-digit EPS accretion by 2020.

Earnings this week : Dec 10 - 14, 18 (wk 50)

Earnings confirmed to report this  week

Monday (Dec 10)    

• Morning: None
• Afternoon: ASNA CASY NX ROAD SFIX

Tuesday (Dec 11)

• Morning: DSW FRAN
• Afternoon: AEO PLAY POWL PVTL 

Wednesday (Dec 12)

• Morning: PLAB VRA
• Afternoon: NCS NDSN OXM TLRD

Thursday (Dec 13)

• Morning: CIEN
• Afternoon: ADBE CIVI COST

Friday (Dec 14)
None

This week's biggest % winners & losers : Aug 27 - 31, 18 (wk 35)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: GKOS (68.37 +55.99%), ALNY (122.67 +26.63%), ADRO (7.4 +26.5%), KTWO (27.34 +21.24%), IMMU (26.76 +20.11%), MDXG (5.3 +19.1%), NVTA (14.81 +17.91%), NVAX (1.56 +17.29%), CRBP (5.85 +17%)
• Industrials: BLDP (3.54 +18.39%)
• Consumer Discretionary: AOBC (14.03 +45.39%), TLYS (23.52 +36.03%), SCVL (44.46 +32.05%), SHLD (1.34 +21.82%), DSW (33.26 +21.56%)
• Information Technology: LEJU (2.21 +40.76%), BRKS (39.41 +32.92%), SMCI (20.51 +25.21%), SMTC (59.75 +18.43%)

This week's top 20 % losers

• Healthcare: EGRX (69.13 -14.23%), SPPI (21.53 -12.23%), DEPO (6.38 -10.52%)
• Consumer Discretionary: ANF (21.67 -20.74%), GME (13.27 -19.82%), MIK (16.99 -17.8%), MOV (42.6 -16.39%), FOSL (22.67 -14.61%), BIG (43.05 -14.12%), DLTR (80.51 -13.86%)
• Information Technology: UEPS (7.24 -17.82%), TECD (72.75 -15.94%), EA (113.41 -12.06%), PDFS (8.72 -11.56%), VNET (9.75 -10.96%)
• Financials: GGAL (22.5 -14.77%)
• Telecommunication Services: TKC (4.07 -14.68%)

DSW (DSW) reported earnings on Tue 28 August 2018 (b/o)

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DSW beats by $0.16, beats on revs; raises FY19 guidance 

• Reports Q2 (Jul) earnings of $0.63 per share, $0.16 better than the S&P Capital IQ Consensus of $0.47; revenues rose 16.4% year/year to $793.7 mln vs the $689.41 mln S&P Capital IQ Consensus.
  • Comparable sales increased 9.7% for the same 13-week periods ended August 4, 2018 and August 5, 2017. Comparable sales exclude results from its Canada Retail segment.
• Integration of New Canada Retail Segment -- As part of the two step acquisition, the Company completed the remeasurement of previously held assets, including the equity investment and note receivable from its initial investment in 2014, resulting in a non-cash charge of $34.0 million. 
  • As a result of the current enterprise value exceeding the fair value of the acquired net assets, the Company recorded a goodwill impairment of $36.2 million.
  • Upon the completion of its comprehensive review, the Company will focus on its largest retail banners, Shoe Company, Shoe Warehouse and DSW Designer Shoe Warehouse. The Company will exit its full price, mall-based Town Shoes banner, which operates 38 locations, mostly by the end of the fiscal year.
  • The acquisition is expected to generate approximately $215 million in revenues and will be slightly accretive to Adjusted Earnings in 2018.
• Outlook
  
  • Co issues guidance for FY19, sees EPS of $1.60-1.75 vs. $1.61 S&P Capital IQ Consensus, compared to its previous range of $1.52-1.67; sees FY19 revs of +6-9% YoY to $2.97-3.05 bln vs. $2.79 bln S&P Capital IQ Consensus. --Revenues from Canadian acquisition ~$215 million
  • Co reaffirmed Comparable sales growth of Low- to mid-single digit range

Earnings this week : August 27 - 31, 18 (wk 35)

Earnings confirmed to report this week

Monday (August 27)

• Morning: AMWD  PKX MBT JT SVA FGBI PEBK TATT
• Afternoon: HEI PAHC  SHG BAP WF BILI  RYB MESA

Tuesday (Aug 28)

• Morning: BBY BJ BMO BNS CTLT  DSW HAIN SFUN SXI TIF
• Afternoon: BOX HPE HRB LCI NCS OOMA PSEC SCSC  SCVL TLRY YRD

Wednesday (Aug 29)

• Morning: AEO BF.B CHS DKS DY EV EXPR MOV
• Afternoon: CRM GEF GES HOME PVH SMTC TLYS UEPS

Thursday (Aug 30)

• Morning: ANF BURL CIEN CPB DG  DLTR  GMS KIRK MEI MIK PDCO SIG TD TECD TITN
• Afternoon: AMBA  AOBC  COO  LULU  NTNX PAGS ULTA YEXT ZUO

Friday (Aug 31)

• Morning: BIG  

DSW (DSW) reported earnings on Wed 30 May 2018 (b/o)

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DSW beats by $0.02, beats on revs; maintains FY19 EPS guidance 

• Reports Q1 (Apr) earnings of $0.39 per share, including a loss of $0.04 per share from residual Ebuys operations, which the Company exited at the end of the first quarter, $0.02 better than the Capital IQ Consensus of $0.37; revenues rose 2.9% year/year, including $5.6 million from residual Ebuys operations, to $712.1 mln vs the $683.83 mln Capital IQ Consensus.
  • Comps +2.2%
  • Reported gross profit, as a percentage of sales, increased by 40 bps due to the wind down of Ebuys to 28.9%
• Co reaffirms guidance for FY19, sees EPS of $1.52-1.67, excluding non-recurring items, vs. $1.62 Capital IQ Consensus Estimate.

This week's biggest % winners & losers : March 12 - 16, 18 (wk 12)

The following are this week's top 20 percentage gainers and top 20 percentage losers, categorized by sectors (over $300 mln market cap and 100K average daily volume).

This week's top 20 % gainers

• Healthcare: ADAP (11.06 +21.67%), GERN (3.37 +20.36%), CERS (5.74 +17.86%), GNMK (5.78 +16.77%), NTRA (10.84 +16.68%), CCXI (14.14 +16%), INO (5.15 +14.19%)
• Industrials: SSW (6.86 +19.51%), CVTI (31.8 +15.51%)
• Consumer Discretionary: DSW (21.95 +15.04%), BKS (5.35 +13.83%), CAL (31.86 +12.58%), SCVL (25.37 +12.51%)
• Information Technology: OCLR (9.93 +26.5%), SMTC (40.95 +18.35%), RUBI (2 +16.28%), CARB (33.4 +14.19%)
• Energy: OSG (2.75 +30.95%)

This week's top 20 % losers

• Healthcare: NTLA (24.61 -29.59%), ARNA (31.51 -25.46%), VNDA (16.6 -16.58%), FPRX (16.12 -16.48%)
• Industrials: BW (4.45 -30.69%), KTOS (9.28 -18.53%), TISI (15.4 -17.43%)
• Consumer Discretionary: SIG (38.68 -20.9%), EVC (5.15 -20.16%), NCMI (5.72 -17.46%)
• Information Technology: BITA (24.47 -20.42%), CMCM (12.2 -18.29%)
• Financials: NMIH (15.9 -21.29%), RDN (18.35 -17.38%), ESNT (40.06 -15.95%), MTG (12.39 -15.94%)
• Energy: TCP (35.75 -27.78%), EEQ (9.34 -22.3%), EEP (9.99 -22.14%), SND (6.09 -21.38%)

DSW (DSW) reported earnings on Tue 13 March 18 (b/o)

• March 12:  4/20  $22.25  .35/.45 (hi vol);   March 13:  .45/.60

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DSW beats by $0.11, misses on revs; guides FY19 EPS in-line, revs in-line; Q4 comps +1.3%

• Reports Q4 (Jan) earnings of $0.38 per share, excluding non-recurring items, $0.11 better thanthe Capital IQ Consensus of $0.27; revenues rose 6.7% year/year to $720 mln vs the $728.46 mln Capital IQ Consensus. Q4 comparable sales increased 1.3% compared to last year's 7.0% decrease.
• Co issuesguidance for FY19, sees EPS of $1.52-1.67, excluding non-recurring items, vs. $1.64 Capital IQ Consensus Estimate; sees FY19 revs of +2-4% (excluding exit from non-core business) to ~ vs. $2.85 bln Capital IQ Consensus Estimate. This assumes comparable sales increase in the low single digit range and the opening of 3 to 6 net new locations for the DSW Segment.
• Based on its initial analysis of the U.S. Tax Reform, the Company estimates an effective tax rate of approximately 29% for fiscal year 2018 compared to its historical rate of 39%, with the benefit from the reduction in federal tax rate partly offset by other provisions in the new law. The Company's effective tax rate will be subject to changes in its interpretation and application of the new tax legislation, future guidance and regulatory updates from governing bodies go forward. 

Earnings this week : March 12 - 16, 18 (wk 11)

Earnings Calendar for Week of March 12

Monday (March 12)

• Pre-Market: VRAY, NERV
• After-Hours: KRO, TTEC, INWK, SFIX, CVGI, TLYS, NCMI, AVD, REN, FENG, AMPH, IRET, CLAR, COUP, TRHC

Tuesday (March 13)

• Pre-Market: DKS, HDS, DSW, GDS, ARLZ, ATRS, EPZM
• After-Hours: HTHT, CAL, WOW, EVRI, IPAR, CLNE, NTRA, PETQ, MDB, AXAS, SIEN, PETX, CHMI, SENS, ATHX, BLCM, VTL, 

Wednesday (March 14)

• Pre-Market: SIG, EXPR, TSG, VRA, ARNA
• After-Hours: WSM, SFS, CTRP, TLRD, HCHC, YRD, DDD, TACO, SMTC, NDLS, TDW, KLDX, EVC, BNFT, COGT, FRSH, KINS, NVAX,  

Thursday (March 15)

• Pre-Market: DG, GCO, BITA, SUP, BTG, LCUT, JILL, SND, AGEN, KPTI
• After-Hours: AVGO, JBL, ADBE, ULTA, OSTK, QHC, ZUMZ, TRQ, KEYW, AVID, PFSW, AMRS, PCTI, PFNX, XONE, INFI, MRAM, BDSI, VIVE, CBAY, CARA, AUPH, FSM, PER

Friday (March 16)

• Pre-Market: TIF, BKE, HIBB, DSKE, PERY, KIRK, CTRN
• After-Hours: ATEN, GERN

DSW Inc. (DSW) reported earnings on Tue 21 November 2017 (b/o)

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COLUMBUS, Ohio (AP) _ DSW Inc. (DSW) on Tuesday reported fiscal third-quarter net income of $4 million.

On a per-share basis, the Columbus, Ohio-based company said it had profit of 5 cents. Earnings, adjusted for one-time gains and costs, came to 45 cents per share.

The results missed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 53 cents per share.

The footwear and accessories retailer posted revenue of $708.3 million in the period, which also fell short of Street forecasts. Six analysts surveyed by Zacks expected $709.7 million.

DSW expects full-year earnings in the range of $1.40 to $1.45 per share.

DSW shares have fallen 0.5 percent since the beginning of the year. The stock has fallen nearly 2 percent in the last 12 months.

DSW Inc. (DSW) reported earnings on Tue 22 August 2017 (b/o)

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DSW beats by $0.09, beats on revs; reaffirms FY18 EPS guidance

• Reports Q2 (Jul) earnings of $0.38 per share, excluding non-recurring items, $0.09 better thanthe Capital IQ Consensus of $0.29; revenues rose 3.2% year/year to $680.4 mln vs the $666.66 mln Capital IQ Consensus; comps +0.6%.
• Reported gross profit increased by 50 bps, driven by lower markdowns and favorable sourcing, partially offset by inventory reserves and distribution costs related to the ongoing integration of Ebuys.
• Co reaffirms guidance for FY18, sees EPS of $1.45-1.55, excluding non-recurring items, vs. $1.44 Capital IQ Consensus Estimate.
• The Board of Directors approved a new $500 million share repurchase authorization, in addition to the Company's remaining $33 million in its current authorization. Since 2013, the Company has returned to shareholders close to $600 million in dividends and share repurchases.